PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting marketing conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions, and service to our clients.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

JOB DESCRIPTION

Portfolio Associate Team Overview

Portfolio Associate team members help to oversee the portfolios on a day to day basis and liaise directly with Portfolio Managers and build relationships internally with Account Managers, Product Managers, Legal and Compliance counterparts, Operations teams, and other Portfolio Trade Associate teams across the firm’s global offices. On a day-to-day basis, Portfolio Associates’ primary functions will consist of monitoring risk exposures across portfolios, sizing trades to take risk measures to portfolio managers’ desired target, and managing all other operational aspects of the portfolio. 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 experts 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

Location: Newport Beach, CA.

RESPONSIBILITIES

Provide support to the Portfolio Management team
Monitoring portfolio positions and products versus client guidelines in concert with Compliance team
Coordinating with Portfolio Management on sizing and allocation of trades and re-balancing of portfolios
Generating risk, performance and other reports daily
Daily “strategy tagging” of all trades conducted during that day.
Conducting performance and attribution analyses
Responding to ad-hoc requests from the Portfolio Management team

REQUIREMENTS

Candidate will focus mainly on Quantitative Strategies
Strong academic background in a technical field from a leading, accredited college or university
Good understanding of fixed income, equities and derivatives.
Outstanding communication skills are required to operate in a complex financial and mathematical environment
Excel “power user” – Python, SQL, VBA 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

PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.

Portfolio Associate - Quant