(Senior) Derivatives Valuation Specialist (f/m/d)

The Allianz Global Investors Derivatives Valuation Team is seeking an experienced financial engineer with deep practical market knowledge. The role sits within the Derivatives Valuation team, which acts as the business, quantitative, and functional owner of the Valuation Factory (VALF), the central platform for the independent valuation of OTC derivatives across the organization.

The Derivatives Valuation team is responsible for the design, calibration, and governance of quantitative valuation frameworks implemented within its proprietary software, VALF. This includes ownership of valuation models, curve and volatility surface construction methodologies, model assumptions and parameterization, and valuation controls applied to OTC-traded derivatives across multiple asset classes (rates, FX, credit, equity, inflation, etc.).

The team ensures that derivatives valuations are sound, mark...