Offers “Allianz”

Expires soon Allianz

AIM Associate, Investment Analytics, Advisory Solutions | Hybrid

  • Minneapolis, USA
  • Accounting / Management control

Job description

At Allianz Life, we are guided by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.


What you do:

You will be responsible for technical and business matters pertaining to Allianz Investment Management’s (AIM LLC) mutual fund and ETF businesses. You will become a subject matter expert of our Derivatives Risk Management Program (DRMP) and support the Derivatives Risk Manager to ensure the program’s effectiveness, in addition to working across teams to develop and validate non-DRMP tools and programs for automation and controls across middle and back offices of the investment adviser. Additionally, you will support the investment adviser’s management of subadvisers including manager selection and oversight, and support project management efforts associated with the ETF website, including close coordination with data providers and the website’s host. You will report to the VP, Advisory Solutions.


·       Help administer the Derivatives Risk Management Program, including:

o   Identification and assessment of the fund’s derivatives risk

o   Monitor risk guidelines

o   Stress testing of the fund’s portfolio to evaluate potential losses under stressed conditions

o   Daily calculation and reporting of fund’s VaR and backtesting of VaR calculation models that the funds use under the rule

o   Ensure system configuration of program runs optimally

o   Help administer AIM LLC’s Limited Derivatives Use Plan

·       Develop and validate tools and programs for other teams within Advisory Solutions to ensure a control environment and increase efficiencies

·       Support AIM LLC’s selection and oversight of subadvisers and fund managers, including:

o   Assist in new investment manager selection process across platforms

o   Monitor capital markets for impacts on mutual fund performance and evaluate effectiveness of subadvisers and fund managers

o   Review investment guidelines of subadvisers and fund managers for appropriateness and ensure adherence to guidelines are met

o   Conduct regular meetings with subadvisers and fund managers and provide fiduciary oversight

·       Support the management of data on ETF website and assist with new ETF launches and resets

·       Participate in other projects and initiatives


What you bring:

·       Four-year degree in quantitative finance, mathematics, financial engineering or related technical field

·       4-5 years’ experience with a minimum of 2+ years relevant derivatives experience, with preference to:

o   Fundamental understanding of derivative notional

o   Equity options and future valuations (including Greeks)

o   Valuation of swaps (TRS, IRS, CDS, Inflation Swaps)

o   Fixed income derivatives (Bond Futures, TBAs)

o   Foreign Exchange Instruments (FX Forwards, FX Swaps)

·       Knowledge of portfolio management fundamentals

·       Ability to communicate complex topics, verbal and written, in such a way that they can be understood by people with different backgrounds, including non-technical backgrounds

·       Programming (C# and VBA) and database management experience (SQL Server)


What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, health savings account, tuition reimbursement, student loan retirement plan, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our great benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re recognized as a top workplace employer.


43231 | Operations | Professional | Allianz US Life | Full-Time | Permanent

Warning: When posting this job advertisment on an external job board, the length of the following fields combined must not exceed 3950 characters: "External Posting Description", "External Posting Footer"


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. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.


Join us.  Let’s care for tomorrow.   

Nearest Major Market: Minneapolis

Make every future a success.
  • Job directory
  • Business directory