Junior Fixed Income Portfolio Manager (f/m/d) with Quantitative Focus - Limited to 36 Months

Description

This dual‑role position combines fixed income portfolio management responsibilities with a strong quantitative and programming dimension.

Sitting within the Insurance & Regulatory Strategies team at AllianzGI, in this role you will be managing insurance portfolios for Allianz Group and third‑party clients within the broader Fixed Income department and the Global Investment Platform.

The ideal candidate will have a passion for fixed income markets, a solid background in both finance and quantitative disciplines, and hands‑on experience with Python for financial analysis and tool development.

You will also play a key role in supporting the convergence toward the IRS operating model and collaborate with colleagues across locations to implement harmonised tools, shared processes, and a consistent portfolio‑construction approach within the IRS platform.

What you will do

• Fixed income portfolio management focused on Euro, and strategy implementation under regulatory objectives with clients
• Supporting all client engagement aspects beyond portfolio management, such as steering and service, in conjunction with the client account manager
• Supporting the preparation of investment and performance updates and participating in review meetings with existing and prospective clients
• Working closely with internal teams to monitor client investment guidelines, ESG criteria, and performance outcomes
• Support the development, improvement, and maintenance of IRS analytical and decision‑support tools used for portfolio construction and ongoing portfolio monitoring
• Contribute to the global Fixed Income process and strategies to be implemented in portfolios

What you bring

• University degree or equivalent qualification in Economics, Engineering School or Finance, or MSc in Mathematics or Applied Mathematics to Finance or similarly numerate degree preferred
• Solid understanding of fixed income markets and instruments
• First experience in portfolio management and basic knowledge in insurance type portfolio management
• Strong proficiency in Python programming; experience with database management and SQL querying
• Familiarity with Microsoft Power BI and DAX
• Working knowledge of Bloomberg
• Excellent analytical and communication skills in English both spoken and written
• Critical thinking and creative problem-solving abilities
• High attention to detail, reliability, and a strong sense of ownership
• Proactive, hard-working, and intellectually curious
• Strong team spirit and ability to collaborate across functions
• CFA certification or progress toward it is preferred

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.

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.