AIM Associate/Principal - Residential/Commercial Mortgage Loan Specialist | Hybrid

Allianz; Minneapolis (MN); Hybrid; USD 82,000 - 150,000; Full time

Job summary

Allianz is seeking an AIM Associate/Principal to oversee investment operations related to Residential and Commercial Mortgage Loans. This senior role involves trade processing, portfolio management, and mentoring, ensuring the optimization of investment processes while collaborating internally and externally. The ideal candidate will bring over five years of relevant experience and possess a strong understanding of investment management processes.

Benefits

Comprehensive medical, dental and vision plan options

Health savings account

Tuition reimbursement

Annual paid leave

401(k) company match

Life insurance

Onsite health center

Fitness facility

Qualifications

• 5+ years of experience in investment operations dealing with private credit or alternative investment strategies.
• Knowledge of Residential and Commercial Mortgage Loans.
• Good understanding of investment management processes.

Responsibilities

• Oversee trade processing and reconcile portfolio data.
• Manage and perform independent price valuation.
• Create reports to provide insights into investment performance.

Skills

Analytical skills

Problem-solving skills

Organizational skills

Communication skills

Interpersonal skills

Attention to detail

Education

Bachelor's degree in finance, accounting, or related field

Job description

AIM Associate/Principal - Residential/Commercial Mortgage Loan Specialist | Hybrid

Join to apply for the AIM Associate/Principal - Residential/Commercial Mortgage Loan Specialist | Hybrid role at Allianz Life

AIM Associate/Principal - Residential/Commercial Mortgage Loan Specialist | Hybrid

5 days ago Be among the first 25 applicants

Join to apply for the AIM Associate/Principal - Residential/Commercial Mortgage Loan Specialist | Hybrid role at Allianz Life

What you do:

You will be a senior team member responsible for daily investment operations related to Residential and Commercial Mortgage Loans. You will bring subject matter expertise to support the ongoing operations and expansion of AIM’s Mortgage Loan portfolio and owner of designated processes. This includes overseeing trade processing, reconciling and analyzing portfolio data, loan and collateral valuations, and investment and accounting reporting. You will work with other teams, those within the organization (accounting, treasury, policy, risk, portfolio management), and also those externally (asset managers, custodians, trustees) to ensure that investment operations are completed accurately and in a timely manner. Further you will mentor less experienced staff on industry best practices, promote important projects to implement straight through processing, and further optimize repetitive investment value chain processes to deliver superior value to AIM’s clients. You will report to the AIM AVP – Investment Operations.

• Trade and Position Review: Facilitate the timely and accurate booking of trades and resulting positions, ensuring that all trades are reflected on Allianz's books and records (IBOR, ABOR) in accordance with regulatory guidelines and internal policies.
• Cash Management: Monitor cash balances and ensure that all cash transactions are processed accurately and promptly.
• Reconciliation: Reconcile portfolio data against custodian and asset manager statements and resolve any discrepancies promptly.
• Investment Strategy Execution: Work with internal investment managers and external asset managers to ensure that investment strategies are booked timely and accurately demonstrating knowledge of the governing documents of the investment mandates.
• Valuation & Risk: Understand external manager loan valuation processes and manage and perform the internal independent price valuation; manage and optimize the loan risk rating process.
• Reporting: Create reports to provide insight into investment performance, accounting, compliance and risk management.
• Process Improvement: Identify opportunities to improve operational processes and procedures to increase efficiency and reduce risk.
• Relationship Management: Building relationships internally and with asset managers is critical to the success of this role.
  
  

What you do:

You will be a senior team member responsible for daily investment operations related to Residential and Commercial Mortgage Loans. You will bring subject matter expertise to support the ongoing operations and expansion of AIM’s Mortgage Loan portfolio and owner of designated processes. This includes overseeing trade processing, reconciling and analyzing portfolio data, loan and collateral valuations, and investment and accounting reporting. You will work with other teams, those within the organization (accounting, treasury, policy, risk, portfolio management), and also those externally (asset managers, custodians, trustees) to ensure that investment operations are completed accurately and in a timely manner. Further you will mentor less experienced staff on industry best practices, promote important projects to implement straight through processing, and further optimize repetitive investment value chain processes to deliver superior value to AIM’s clients. You will report to the AIM AVP – Investment Operations.

• Trade and Position Review: Facilitate the timely and accurate booking of trades and resulting positions, ensuring that all trades are reflected on Allianz's books and records (IBOR, ABOR) in accordance with regulatory guidelines and internal policies.
• Cash Management: Monitor cash balances and ensure that all cash transactions are processed accurately and promptly.
• Reconciliation: Reconcile portfolio data against custodian and asset manager statements and resolve any discrepancies promptly.
• Investment Strategy Execution: Work with internal investment managers and external asset managers to ensure that investment strategies are booked timely and accurately demonstrating knowledge of the governing documents of the investment mandates.
• Valuation & Risk: Understand external manager loan valuation processes and manage and perform the internal independent price valuation; manage and optimize the loan risk rating process.
• Reporting: Create reports to provide insight into investment performance, accounting, compliance and risk management.
• Process Improvement: Identify opportunities to improve operational processes and procedures to increase efficiency and reduce risk.
• Relationship Management: Building relationships internally and with asset managers is critical to the success of this role.
  
  

What you bring:

• 5+ years of experience in investment operations dealing with private credit or alternative investment strategies
• Bachelor's degree in finance, accounting, or related field
• Knowledge of Residential and Commercial Mortgage Loans
• Good understanding of investment management processes
• Strong analytical, problem-solving, and organizational skills
• Ability to work independently and as part of a team
• Excellent communication and interpersonal skills
• Attention to detail and accuracy
• 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.
  
  

Base Salary Range:

Associate: $82,000 - $123,000

Principal: $100,000 - $150,000

Actual base salary may vary based upon 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.

72367 | Asset & Investment Management | 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 race, ethnicity or cultural background, age, gender nationality, religion, disability, sexual orientation, or any other characteristics protected under applicable laws and regulations.

Join us. Let’s care for tomorrow.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

• Industries

  Financial Services and Insurance

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