Join us. Let's care for tomorrow.

At Allianz Capital Partners our people enjoy motivating, fulfilling careers. If you are looking for a fast-paced working environment, you are resolved to cultivate and expand your talents and relish a challenge, then join us now!

We are committed to giving our people - experienced and energetic professionals alike - the opportunities and experiences they seek to thrive and gain personal fulfilment. We will work with you to craft your own career, develop your personal growth, and align your achievements with your ambitions.

Job Purpose/Role:

To strengthen our Private Markets Operations team during a major business transformation and fund platform transition, we are seeking a Fund Operations Specialist on a fixed-term basis in Luxembourg. The successful candidate will support day-to-day operational activities across our Private Markets fund range, ensuring continuity and operational excellence during a defined transition period. This role will play an important part in maintaining business-as-usual operations while specialist resources focus on strategic transformation and transition initiatives.

What you do:

• Be responsible for operational day-to-day activities incl. ad hoc query management of Luxembourg domiciled fund structures
• Proactive engagement in processing of cash management events (e.g. investment transactions, expenses, internal transfers), investor events (e.g. issuance and sign off), fund audits, NAV and investor reporting's as well as fee and other KPI calculations
• Run and maintain processes, procedures and related operating memorandum / service level agreements
• Monitor and reconcile related tax topics in comparison with accounting booking data
• Supervise the Luxembourg based service provider (Fund Accounting / Depositary / Custody) performance with a strong focus on critical metrics and improvement of operational stability
• Collaborate with investment manager teams, other members of the Private Markets Operations department and other internal/external stakeholders (e.g. Tax, Legal)
• Ensure active partnership between the service providers and the internal teams (e.g. management of critical issues)
• Improve and harmonize the Private Markets investment operating model for fund accounting and custody/depositary on a global scale

What you bring :

Technical Skills

• Good understanding of Luxembourg alternative investment fund structures and the related operating environment.
• Knowledge of Private Markets investment products, including Private Equity, Infrastructure, Private Debt and related strategies.
• Experience in fund administration, fund accounting, transfer agency, custody, depositary oversight or similar operational functions.
• Familiarity with fund cash management, investor events, reconciliations and reporting processes.
• Understanding of Luxembourg fund structures and the associated operational lifecycle.
• Experience working with external service providers and managing operational deliverables in a controlled environment.
• Strong Excel and data analysis skills; experience with process automation and digital tools would be an advantage.

Personal Profile

• University degree in Finance, Economics, Business Administration or a related field.
• Ideally 2+ years of experience in asset management, fund administration, alternative investments, banking operations or a related financial services environment.
• Ability to work in a structured and detail-oriented manner while managing multiple priorities.
• Strong analytical and problem-solving skills with a focus on quality and operational excellence.
• Team player with excellent communication and stakeholder management skills.
• Proactive, hands-on and willing to take ownership of assigned responsibilities.
• Comfortable working in a dynamic environment supporting a business undergoing significant operational transformation.
• Fluency in written and spoken English; German and/or French would be considered an asset.

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

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.