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2023-02-23

Quantitative Research Analyst

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Pimco
Quantitative Research Analyst
Newport Beach, CA
165,000 - 240,000
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Job Description

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.

We are seeking a quantitative analyst to join PIMCO Analytics team in our Newport Beach office. The analyst will cover asset-backed structured products securities and alternative investments for US and Europe. Day-to-day responsibilities will center on fundamental and relative valuation across capital structures and asset classes, with a focus on performing, non/re- performing loans in residential, commercial and consumer credit asset classes.

You will also be responsible for analyzing investments in among other things, special situations / specialty finance, and other non-conventional assets. You will work alongside the public structured products team and specialty finance in valuing and pricing complex transactions in banking, asset servicing, insurance / re-insurance and lending markets. Additionally, you will contribute to the firm’s analytical infrastructure by means of developing new pricing models and programming code/libraries.

REQUIREMENTS

  • Advanced degree in a quantitative discipline such as mathematics, science, engineering, statistics, or physics
  • Minimum 3 years of experience in the financial industry (sell-side) with experience designing, coding, and implementing pricing/valuation frameworks
  • Strong quantitative analytical skills
  • Experience with structured finance/credit, credit derivatives and CDO/CLOs, knowledge of corporate finance, and some experience with consumer credit
  • Strong programming skills and numerical problem solving techniques, proficiency with scripting languages (Python or Slang) and object oriented languages (C++, C, or C#)
  • Working knowledge of Linux/UNIX shell scripts and SQL is a plus
  • Strong attention to details and ability to deliver results. Self-starter who is accountable, low ego, and motivated by integrating with the trade floor
  • Able to articulate issues and explain herself/himself to portfolio managers and developers
  • Ethical, collaborative, organized, flexible, and high energy

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.

Salary Range: $ 165,000.00 - $ 240,000.00

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

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