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Senior Tax Specialist - Alternative Investment Funds (f/m/d)

Job Level:  Professional

Frankfurt, DE, 60596 München, DE, 80335

Available until:  10/20/2022
Area of Expertise:  Asset & Investment Management
Unit:  Allianz Global Investors
Employing Entity:  Allianz Global Investors GmbH
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  11688

Join us. Let’s care for tomorrow.


At Allianz Global Investors 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.


We are looking for you ! We are currently hiring a forward-thinking and results-oriented Senior Tax Specialist - Alternative Investment Funds (f/m/d).The roles are to be filled in our Frankfurt or Munich office - Frankfurt is preferred.


You will be part of the EU Tax Function team for Product Taxation and Tax Operations. This team is responsible for all product tax related topics as well as the implementation and coordination of tax processes within AllianzGI. The range of products comprises dedicated funds mainly in France, German Special Funds, UCITS Funds (mainly in Luxembourg targeting German investors) as well as a growing range of Alternative Investment vehicles.


Your core responsibility will be acting as subject matter authority for our Alternative Investment vehicles covering all tax topics during the structuring process, the signing phase as well as the investment / run phase.



Key responsibilities:


Subject Matter Authority for all product tax related topics concerning AllianzGI Fund Products with core focus on our Alternative product range. This includes the following tasks:

  • Ensure that all tax related topics during the structuring phase are sufficiently addressed within the external tax memoranda (i.a. tax efficiency, PE risk, eligibility for Special Investment Funds)
  • Review legal documentation to identify tax / tax operational issues, ensure accurate implementation from a tax point of view, lay out / prepare tax support for further functions with regard to tax topics
  • Correct disclosure of taxation (plausibility in case of foreign tax law, completeness and correctness regarding German tax topics on fund and investor level)
  • Review / prepare side letters with investors and for target investments
  • Handle client queries (eligibility, tax consequences, FATCA) and tax related queries during the investment phase
  • Conduct DAC 6 analysis during structuring phase as well as investment phase
  • Ensure tax compliance of the structure (tax declarations, FATCA/CRS documentation), mainly via oversight
  • Analyse upcoming (German) Tax Law changes regarding the impact on the Business / Products of AllianzGI
  • Support design, implementation and maintenance of tax related processes related to our Alternative products


Key Requirements/Skills/Experience


  • Academic background in Economics and / or Law or comparable qualifications
  • Lawyer and / or Certified Tax Advisor with focus on asset management
  • Several years of experience with illiquid alternative structures and institutional investors
  • Analytical and problem-solving as well as interpersonal and prioritisation skills
  • Excellent communications skills incl. relationship and partner management skills
  • Ability to deal with internal / external clients
  • Strong intercultural skills and sensitivity
  • Conceptual and strategic ability to craft and refine process target models
  • Strong attention to detail
  • Ability to work calmly under pressure of deadlines
  • An enthusiastic and inspiring teammate
  • Proficiency in German and English




About Allianz Global Investors


Allianz Global Investors is a leading active asset manager with over 700 investment professionals in 23 offices worldwide and managing EUR 673 billion in assets. Data as of 31 December 2021


We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives.


Putting our clients' needs first, behaving in an open and transparent way and treating people fairly means acting with integrity. We respect difference and diversity and reward individual performance as well as teamwork. We offer a collegial culture based on strong values, taking individual responsibility, and dedication to mastering challenging tasks. To harness the power of innovation, we invest in the development of our employees. We encourage you to make an impact in a diverse, international, technology-enabled, and increasingly agile environment. If you feel inspired to elevate the active asset management experience, this is the place for you.


We are committed to the principles of Equal Employment Opportunity and to providing assistance to applicants with physical and/or mental disabilities. If you are in need support to navigate our website or to complete your application, please send an e-mail with your request to