Demo

AIM Associate/Principal - Asset Manager Oversight | Hybrid

Allianz Life
Minneapolis, MN Full Time
POSTED ON 3/27/2025
AVAILABLE BEFORE 4/25/2025
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 a senior team member within Investment Operations responsible for the operational and controls oversight of external Asset Managers across all asset classes and investment structures. You will perform initial and ongoing operational due diligence and risk assessments of third-party Asset Managers, monitoring that applicable reporting requirements are met, and validating the calculations of asset management and performance fees following governing legal documents in close partnership with Investment Operations. You will work with other teams within Allianz Investment Management (AIM) and those externally (asset managers and related service providers) to ensure proper oversight of Asset Managers. You will report into an AIM Principal - Investment Operations.

  • Perform initial and ongoing due diligence and risk assessments of third-party Asset Managers by reviewing their operational processes, main financial controls including cash and valuation of investments
  • Prepare operational due diligence reports, summarize findings and recommendations for senior management
  • Collaborate with AIM’s Investment Management and Investment Operations teams to monitor external asset managers and ensure adherence to legal agreements governing those relationships and internal policies
  • Support receipt of Investment Operations reporting requirements and standard reporting packages by asset class from Asset Managers
  • Review of calculations of management and performance fees charged by Asset Managers, ensuring compliance with contractual agreements
  • Process Improvement: Identify opportunities to improve operational processes and procedures to increase efficiency and reduce risk
  • Build and foster relationships with Asset Managers and across AIM is critical to success

What you bring:

  • 5 years of experience in Investment or Asset Management
  • Bachelor's degree in finance, accounting, or related field
  • Knowledge of private equity structures, waterfall calculations, performance and management fee calculations
  • Proficient in Excel, with experience performing financial calculations
  • Strong analytical and problem-solving skills
  • Ability to work independently and as part of a team
  • Excellent communication and interpersonal skills
  • Attention to detail and strong organizational skills
  • Ability to multitask and handle multiple priorities in a fast-paced, deadline-driven environment
  • You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.

Range:

Associate: $66,000 - $149,000

Principal: $80,000 - $180,000

Actual base salary may vary based on factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program.

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, 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.

69052 | Operations | Professional | Allianz US Life | Full-Time | Permanent

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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.

Salary : $80,000 - $180,000

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