Intern Risk Manager

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

Investment Risk Management is part of the risk management function and is structured around specialized teams dedicated to Market Risk, Liquidity & ESG Risk, and Credit, Counterparty & Pricing Risk monitoring. This targeted approach ensures deep domain expertise and effective oversight. Furthermore, our risk governance framework goes beyond legal and regulatory requirements, reflecting our commitment to proactive and responsible risk management. We offer you the opportunity to work in a dynamic international environment, tackling challenging tasks with high learning potential.

This internship is based in our Paris office for a minimum 6-month starting from February/March 2026.

What you will do

• Actively participate in the maintenance and enhancement of existing monitoring processes, in particular for liquidity risk such as daily net cash flow monitoring, monthly large client concentration monitoring, monthly liquidity stress testing monitoring, and ESG risk such as BoE stress tests reports and ESG risk screening reports
• Collaborate closely with the Market Risk team and the Credits, Counterparty and Pricing Risk team, providing further Investment Risk insights can be gained through
• Actively participate in the enhancement of our climate change stress tests models
• Actively participate in setting-up reports based on internal E, S and G scores and defining internal thresholds
• Actively participate in the enhancement of the ESG quarterly risk reports and the UK TCFD report.

What you bring

• Advanced bachelor's or master's degree with quantitative and financial background is a must
• Interest in the asset management industry
• Data scientist background
• Diligence, ability to work in a team and take initiative
• Good written and verbal communication skills
• Very good English skills both spoken and written
• French and/or German skills are a plus.

What we offer 

• Balanced work environment: A dynamic office culture that supports flexibility and collaboration.  
• 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 

About Allianz Global Investors

Allianz Global Investors is a leading global active asset manager.

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

Putting our clients' needs first, behaving in a transparent way and treating people fairly means acting with integrity. We encourage a collegial culture, that supports individual responsibility. We invest in the development of our employees to maximize the power of innovation.

We at Allianz believe in a diverse and inclusive workforce, we are committed to the principles of Equal Employment Opportunity and to helping applicants with any disabilities. 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 ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board.

If you feel inspired to promote the active asset management experience, this is the place for you. Join our diverse, international, technology-enabled, and agile environment. Simply upload your CV in English to apply for this position If you need support to navigate our websites or at any stage during your application, please send an email with your request to

81146 | Risk Management | Student | n.a. | Allianz Global Investors | Full-Time | Temporary