PIMCO is hiring for the Newport Beach, CA -based Portfolio Associate team for a variety of dynamic roles on desks including but not limited to: Fixed Income, FX, Emerging Markets, Quant/Systematic Trading, Real Return, Short-Term, Mortgage, and Credit.
Select roles may also be available in New York, NY.
Portfolio Associate Team Overview
Portfolio Associate team members directly support Portfolio Managers and build relationships internally with Account Managers, Product Managers, Legal and Compliance counterparts, Operations teams, and other Portfolio Associate teams across the firm’s global offices. On a day-to-day basis, Portfolio Associates actively monitor portfolios to assist Portfolio Managers in rebalancing risks and providing operational support where necessary. Portfolio Associates are routinely encouraged to provide creative solutions and develop key tools and reporting methods to support the Portfolio Management team.
Position Development Value:
- Extensive exposure to industry authorities within Portfolio Management and across other functional areas of the firm
- A broad range of opportunities to collaborate with talented colleagues
- Learning environment focused on key buy-side portfolio risk and return principles
- Constructive feedback to foster career growth in addition to a formal annual review process
Responsibilities:
- Ensuring investment objectives are reflected across portfolios in scope
- Monitoring portfolio positions and products versus client guidelines in concert with Compliance team
- Coordinating with Portfolio Management on re-balancing of portfolios
- Utilizing proprietary risk systems for monitoring of portfolio exposures
- Assisting in account transitions and cash flow management
- Conducting performance and attribution analyses
- Tagging trades into risk categories within the portfolio
- Ad hoc operational tasks
- Responding to ad hoc requests from the Portfolio Management team
Position Requirements:
- Strong academic background in a technical field from a leading, accredited college or university
- Good understanding of fixed income and equities including knowledge of most cash and derivative instruments
- Outstanding communication skills are required to operate in a complex financial environment
- Excel “power user” – SQL, VBA and programming skills are preferred
- Strong process-oriented background and ability to demonstrate keen portfolio risk and operational awareness
- Outstanding analytical skills with a proven ability to function efficiently and problem-solve in a fast paced and time-critical environment
Additional requirements:
- Candidate will focus mainly on Absolute Return Strategies
- Good understanding of interest rates derivatives; proven knowledge of Option Greeks
- Good understanding of Portfolio Risks and Macro Investment Models
- Programming skill is a plus
- Ideal candidate will have Master’s degree plus minimum 2-3yrs of work experience
Benefits:
PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:
- Medical, dental, and vision coverage
- Life insurance and travel coverage
- 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
- Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
- Community involvement opportunities with The PIMCO Foundation in each PIMCO office