Portfolio Assistant Fixed Income f/m/d)

We are hiring a Portfolio Assistant for our Paris office, supporting the Global Fixed Income Platform. This role will be offered as an 18-month fixed term contract.

In this role, you will support Portfolio Managers across a broad range of fixed income portfolios, ensuring efficient implementation, accurate risk management, and high-quality portfolio maintenance.

We reserve the right to close the application process ahead of the specified closing date if we receive a sufficient number of qualified applications.  

What you do

• Work with Portfolio Managers to implement investment decisions in portfolios, prepare orders for PM approval, support execution of trades across rates, credit, emerging markets, high yield, and FX. Coordinate with our dedicated trading desk
• Manage cash positions, New Issue participation, work with PMs on client flows and reflect appropriate funding strategies in portfolios
• As a team, manage risk neutral maintenance trades such as Futures and FX rolls, duration hedging adjustments and yield curve and sector rebalances
• Monitor portfolio positions (rates, credit, and FX) versus benchmarks and targets, work with PMs to rebalance accounts accordingly
• Oversee daily guideline management, identify exceptions, and suggest corrective trades to PMs to ensure portfolios remain within client and regulatory guidelines
• Support the growing Private Markets FX hedging process
• As required, collaborate with Portfolio Managers creating internal investment-related materials, contribute to presentations, and respond to client requests
• Contribute to team meetings as required
• Work on projects on behalf of the Investment teams as required
• Escalate to the Head of Portfolio Construction and FI Infrastructure any matters that may reasonably be expected to have a material impact upon the firm or any client relationship.

What you bring

• A degree in Economics, Finance or Mathematics or similarly numerate degree
• Interest in global fixed income markets
• Strong analytical capability and clear confident communication skills
• Critical thinking skills and solution focused approach to problem solving
• Knowledge of Bloomberg, MSCI Barra, Thinkfolio or other front office systems would be preferable
• Thoroughness, reliability, and accuracy desire to work in a fast-paced environment
• Diligent, possessing a high degree of integrity and personal responsibility
• Ability to seize the initiative and to logically solve tasks and problems
• Intellectual and cultural curiosity – strong desire to progress
• Knowledge of Bloomberg, MSCI Barra, Thinkfolio or other front office systems would be preferable
• Collaborative mindset and ability to effectively interact with other AllianzGI teams
• Proficient user of the standard Microsoft office tools, particularly Excel. Coding skills in Python or MATLAB would be seen as a plus.

What we offer

• We empower our employees by ensuring flexible work arrangements that maintain a balance between performance, productivity, career development, and personal priorities (e.g., hybrid model/flexible working hours)
• Securing your future: Access to company pension/savings plans
• Shared success: Company share purchasing plan
• Support for what matters: Mental health and wellbeing programs
• Investments in your career: Career opportunities within the entire Allianz Group
• Investments in your skills: Comprehensive learning and development offerings, including certifications and professional qualifications
• … 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 goal is to actively shape the future of investing for all our clients, wherever their location and whatever their objectives.  

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. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and 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 equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion, and trust.  

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

Great to have you on board. Let's care for tomorrow.

92798 | Asset & Investment Management | Entry Level | n.a. | Allianz Global Investors | Full-Time | Temporary