Portfolio Manager (Junior VP) - Development Finance & Impact Credit

Allianz; London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

Join a global leader in active asset management at Allianz. This role focuses on impactful private debt investments, offering the chance to structure and execute deals primarily in emerging markets. With a strong emphasis on ESG and impact investing, you will collaborate across functions and contribute to a variety of high-stakes projects.

Benefits

Flexible working hours

Access to pension and savings plans

Company share purchasing plan

Mental health and wellbeing programs

Learning and development opportunities

Qualifications

• 4-6 years' experience in project or structured finance.
• Experience in emerging private markets investments required.
• Ability to create Excel financial models.

Responsibilities

• Assess attractiveness of investment opportunities.
• Conduct due diligence and prepare investment proposals.
• Collaborate with external parties during transactions.

Skills

Financial analysis

Credit assessment

Data analytics

ESG knowledge

Education

Bachelor's degree in Finance or related field

Job description

Join us. Let's care for tomorrow.

At Allianz Global Investors we foster a culture of professionalism, fulfilment, and an inclusive working environment. Do you want to be part of a leading active asset management company? Then join us now!

The Allianz Global Investors Development Finance and Impact Credit team is offering a position in the London office, which will give you the opportunity to work across a breadth of impactful private debt investment opportunities. The team's strategies target sustainable and high-impact investment solutions - allowing commercial investors to direct their capital in a way that can make a positive and measurable difference in the world.

You will focus on sourcing, structuring, and execution of debt investments (portfolio management) mainly across emerging markets while also having a chance to support our Europe-focused strategy. Thus, prior relevant deal experience is the principal screening criteria for the position. You will have a global scope and significant cross functional interaction.

The ideal start date will be September 2025, with some flexibility for the right candidate.

We reserve the right to close the application process ahead of the specified closing date if we receive a sufficient number of qualified applications.

What you will do

Execution of investments:

• Assess the initial attractiveness of investment opportunities: conduct benchmark pricing and preliminary credit analysis, assess fit against investment guidelines, and identify any major ESG risks
• Prepare screening papers for presentation to the Investment Committee ("IC")
• Structure and conduct due diligence transactions: financial modelling and detailed reviewing and analysing of financial, legal, commercial, and technical reports where applicable, and sourcing and evaluating independent research
• Review legal documentation providing an independent view on such documents. Work together and with the oversight and guidance of portfolio managers on negotiating legal documentation
• Undertake risk grading and benchmarking of transactions
• Prepare investment proposals and assist presentation to the Investment Committee
• Collaborate with external parties during transaction structuring and execution, such as borrowers, legal counsel, and advisers
• Collaborate with internal parties (e.g. Operations/Risk/Legal/Accounting functions) to ensure the successful execution of the transaction

Client responsibilities:

• Assist with updating existing investment proposals (where required) for upsizing mandates, the development of portfolio management tools such as IRR tracking, and any ad hoc presentations or requests received from time to time

What you bring

• 4-6 years' work experience in finance (preferably in project, structured, or leverage finance in a principal or advisory capacity)
• Experience in emerging private markets investments (debt or equity, in a principal or advisory capacity) is required
• Experience working with development finance or multilateral institutions is a plus
• Ability to create Excel financial models from scratch for corporate or project finance transactions and support junior resources on modelling tasks, with good data analytics skills
• Exceptional credit skills and the ability to take ownership over a transaction process (e.g., leading due diligence processes and the delivery of high-quality credit memorandums) demonstrated through prior deal experience
• Support a growing business, applying your skills to contribute to a variety of tasks including business/product development, fundraising, asset management, and different internal initiatives
• Experience in ESG or impact investing or developing ESG or impact frameworks is a plus
• Interest and enthusiasm in driving change through high impact investments

What we offer

• "New Normal", it's not news to us: As a global company, we've known the hybrid model before it was 'in'. Work flexibly according to internal guidelines (e.g., hybrid model/ flexible working hours)
• Investments for the future: Access to pension/ savings plans/ Allianz products
• 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!