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Intern - Back Office Operations (m/f/d)

Job Level:  Student

Senningerber g, LU, L-2633

Available until:  10/31/2022
Area of Expertise:  Project Management
Unit:  Allianz Global Investors
Employing Entity:  AllianzGI GmbH /LU Branch
Job Type:  Part-Time
Remote Job:  Hybrid working
Employment Type:  Temporary
ID:  16024

16024 | Project Management | Student | Allianz Global Investors | Part-Time | Temporary

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.


Intern - Back Office Operations (m/f/d)

Location: Senningerber, Luxembourg 


At Allianz Global Investors Luxembourg Branch we are looking for a dynamic and motivated student to be an Intern with our team in charge of Account Opening - Global Custody Markets. The internship will be part-time (20 hours per week) for a duration of 12 months, starting as soon as possible.


Key Responsibilities:

Within AllianzGI there is a BAU Change team which coordinates life-cycle events such as fund launches, mergers, liquidations, FX setups and custody account openings within the AllianzGI Operations function to ensure operational readiness for such events from the operations perspective. In this context you will become an active member of the team dealing with retail and pooled vehicle events for Europe.


Currently the team is transforming its processes into a fully digital workflow via MS PowerAPPs. Your main role will be to support the team lead with this activity and others as described in more detail below:


  • Business process design and documentation of current workflows for Custody account opening. (Actual tool and flow development done by IT)
  • Testing and logging of requirements of new development handed over by IT
  • Register and renew registrations of funds in different markets
  • Actively liaise with global custodians and internal departments for new workflows
  • Support the life cycle sub team with Clearing Broker changes, new product setups and FX standing instructions and TCA (Transaction Cost Analysis)
  • Work on custody sub account opening and related tasks


Key Requirements/Skills/Experience:

  • You are enrolled in an accredited college or university studying toward a Bachelor‘s or Master‘s degree in Economics or related fields
  • Highly interested in the fund industry.
  • Proficient in MS-Office (Word, Excel as well as PowerPoint) and have a strong interest in process automation and the implementation of digital solutions (databases, workflow tools, etc.)
  • Knowledge of MS PowerApps clearly a benefit.
  • First professional experiences gathered in the context of internships
  • Fluent in English, knowledge of German and/or French would be an advantage
  • You have strong analytical skills, a high level of accuracy and keen attention to detail
  • You are an excellent team player with good communication skills and a self-reliant working style


Please note that the successful candidate for this position will have to provide us with a valid criminal record.


About Allianz Global Investors
Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing EUR 578 billion in assets. Data as of 30 June 2022
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 need support to navigate our websites or to complete your application, please send an e-mail with your request to


Active is: Allianz Global Investors
AllianzGI completed the transfer of investment teams (including 87 Investment Professionals) and USD 101bn of assets they manage to Voya Investment Management as part of a strategic partnership. Two thirds of the assets continue to be managed on behalf of AllianzGI clients outside of the US.