Working Student - Fund in Fund Operations (f/m/d)

We are currently hiring a forward-thinking and results-oriented Working Student to support our Fund in Fund Operations team, with additional exposure to Distribution Operations. This position will be based in our Frankfurt office.

About the Job 

The Fund in Fund Operations team ensures efficient and stable operational processes related to investment into target funds. We work closely with internal stakeholders and external partners to maintain high-quality service and operational excellence. The role may also include support for Distribution Operations team, such as assisting with fund-related documentation and onboarding processes for distributors and clients.

What you do

• Assist with trade processing, settlement, and onboarding of target funds for fund-of-fund structures
• Support compliance monitoring (e.g. sanctions, ESG) and supporting collecting regulatory documents (e.g., TPTs, VAG)
• Update IT systems with regularly required figures and contributing to data quality checks
• Contribute to quality enhancements for internal tools (e.g., Front Office Tool, Data Warehouse), assisting with reporting and documentation
• Support the preparation and distribution of fund-related documents to platforms and service providers (e.g., Bloomberg, Morningstar), ensuring accuracy and timely delivery
• Assist with onboarding documentation and data checks for new distributors and clients, including basic validations and system updates
• Collaborate with internal teams (e.g., Portfolio Management, Compliance) and external counterparties (e.g. asset managers, service providers, custodians).

What you bring

• Enrolled in a Bachelor’s or Master’s program in Economics, Finance, Banking, or a related field
• Strong academic performance and analytical mindset • Ideally, first experience in Asset Management
• Excellent skills in business software (Word, Excel, PowerPoint; Power BI is a plus)
• Proficiency in English required; German is a plus
• Ability to use Microsoft Copilot, with a strong commitment to ethical and responsible AI practices.

 What we offer

• Balanced work environment: A dynamic office culture that supports flexibility and collaboration
• Mental health and wellbeing programs (EGYM Wellpass)
• Mobility solutions (Subvention Jobticket, Deutschlandticket etc.)
• Canteen subsidy
• Corporate benefits
• … and so much more

About Allianz Global Investors 

Allianz Global Investors is a leading active asset manager, managing assets for individuals, families, and institutions worldwide. Our shared goal to shape a future of opportunity for our clients is foundational to our culture and our values. We look to attract, and actively nurture, individuals with the drive to achieve excellence at every stage of the investment experience.

We believe an inclusive culture is key to a flourishing workforce. Not only do we celebrate the broad range of experiences, backgrounds, and attributes that our workforce brings, but we support our people to live and work in a way that promotes their own wellbeing.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer.  

We are united by a shared commitment: to put our clients first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.  

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our clients and for the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.  

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. 

If you feel inspired to promote the active asset management experience, this is the place for you. Join our international, technology-enabled, and agile environment. Simply upload your CV in English to apply for this position.  If you need support to navigate our websites or at any stage during your application, please send an email with your request to recruiting@allianzgi.com.   

Join us. Let’s care for tomorrow.

How to Apply: Applying is quick and easy. Simply upload your CV, complete your personal details, confirm your consent for AI support in the “Additional Information” section, and submit your application.

To support our recruiters, we use Fit Score—an AI‑powered tool that highlights how closely your profile aligns with the role. This helps us review applications more efficiently and focus on what matters most: your skills and experience.

Good to know: The Fit Score is a support tool only. At Allianz, technology never replaces human judgment. Every application is carefully reviewed by our recruiting teams, ensuring a fair, thoughtful, and personal hiring process.

95987 | Asset & Investment Management | Student | n.a. | Allianz Global Investors | Part-Time | Temporary