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

AZGROUPPROD • Minneapolis, MN

268d • $82,000 - $150,000

About The Position

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. 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.

Requirements

• 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.

Responsibilities

• 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.
• Monitor cash balances and ensure that all cash transactions are processed accurately and promptly.
• Reconcile portfolio data against custodian and asset manager statements and resolve any discrepancies promptly.
• 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.
• Understand external manager loan valuation processes and manage and perform the internal independent price valuation; manage and optimize the loan risk rating process.
• Create reports to provide insight into investment performance, accounting, compliance and risk management.
• Identify opportunities to improve operational processes and procedures to increase efficiency and reduce risk.
• Building relationships internally and with asset managers is critical to the success of this role.

Benefits

• Comprehensive medical, dental and vision plan options
• Health savings account
• Tuition reimbursement
• Student loan retirement plan
• Annual paid leave
• Outstanding 401(k) company match
• Life insurance
• Onsite health center
• Child development center
• Fitness facility
• Convenience store
• Two cafeterias

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees