Portfolio Manager (f/m/d)

Join us now as a Portfolio Manager (f/m/d) within the Multi Asset Portfolio Management team! This position will be based in Frankfurt.

What You Will Do

• Portfolio Management of Multi Asset or Commodities portfolios according to the specified investment process including sustainability requirements as well as research regarding allocation and selection decisions.
• R&D on investment strategies across asset classes with a special focus on commodities and income strategies.
• Conduct quantitative and qualitative manager research and due diligence, including internal and external investment strategies.
• Development of Multi-Asset infrastructure, IT tools and AI adoption will be a key focus area.
• Support in creating presentations and handling ad-hoc requests.
• Present and report fund performance and positioning to internal and external stakeholders.
• Trade implementation.

What You Bring

• Excellent university degree with a focus on Finance or Physics.
• PhD or CFA designation is a plus.
• Initial experience in investment & fund management, ideally also in data management or consulting.
• International experience or study abroad is a plus.
• Proficiency in English and German both written and spoken is required, further language skills are beneficial.
• Sophisticated IT skills and knowledge of at least one of the following programming languages: SQL, Python, Matlab, VBA.
• Knowledge of Bloomberg, MorningStar, Eikon, Microsoft Power BI is a plus.
• Interest in AI and its practical applications.
• Comprehensive understanding of financial markets.
• High motivation, reliability, the ability to collaborate across teams and the ability to cope with high workload.

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!

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.

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.

Allianz Global Investors – Full-Time – Permanent – Frankfurt am Main, Hesse, Germany