Fund in Fund Operations Specialist (f/m/d) - Limited to 24 Months

We are looking for a proactive and detail-oriented professional to join our Fund-in-Fund Operations team within Client Operations Europe. In this role, you will manage key operational processes and actively contribute to strategic initiatives aimed at enhancing efficiency and scalability. Beyond day-to-day responsibilities, you’ll have the chance to participate in cross-country projects, support new product launches, and drive automation to optimize workflows. Working closely with internal and external stakeholders, you will play a key role in shaping operational infrastructure and delivering best-in-class service to our clients. This position will be based in Frankfurt.

What You Will Do

• Participate in strategic and operational projects aimed at enhancing service delivery and operational infrastructure
• Collaborate with internal and external stakeholders to ensure smooth implementation of process changes and system enhancements
• Contribute to risk assessment, testing, and documentation updates related to operational improvements and service provider interactions
• Define, implement and manage order setup for fund in fund investments (e.g., FundSettle) and perform eligibility checks, support New Product Initiatives
• Drive automation and process optimization to increase efficiency and scalability
• Support onboarding and documentation for new distributors and clients
• Prepare and distribute fund-related documents to platforms and service providers (e.g., Bloomberg, Morningstar) with accuracy and timeliness

What You Bring

• Master’s degree in Economics, Finance, Business Administration
• Initial experience in Asset Management industry
• Experience in fund operations, asset management operations, or custody services for target funds
• Analytical mindset with attention to detail and process improvement skills
• Ability to handle larger cross country operational implementation projects
• Excellent communication skills in English both written and spoken; German is a plus.
• Proficiency in MS Office; experience with Bloomberg, Microsoft Power BI

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
• Family support (relocation/ childcare facilities)
• Company share purchasing plan
• Mental health and wellbeing programs
• Mobility solutions (Jobrad bike leasing, subvention Jobticket)
• Career opportunities within the entire Allianz Group
• Self-guided learning & development
• … 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

Join us. Let’s care for tomorrow.

To Recruitment Agencies
Allianz Global Investors has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Global Investors does not accept unsolicited resumes from agency or search firm recruiters. When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place. Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz Global Investors. Finally, please do not contact hiring managers directly.

89189 | Operations | Professional | n.a. | Allianz Global Investors | Full-Time | Temporary