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Rates Trader - European Rates Desk

Rates Trader - European Rates Desk
London, GB
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Job Description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

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.

Position Description

PIMCO is seeking a London based portfolio manager / trader for its Europe rates desk. The individual will be responsible for executing trades, formulating and constructing investment strategies in liquid European government bond, interest rates, and derivatives markets. The candidate must have functional competency in all the rates-related linear and derivative products. This candidate is expected to execute and generate bottom-up investment strategies and to manage and build strong working relationships with sell-side strategists/traders.

Key Responsibilities:

  • Execute trade orders and working with the rates desk on the pan European book. Combine market knowledge with macroeconomic and quantitative analysis to generate investment ideas in pan European rates space.
  • Primary focus will be on government bonds and interest rates derivatives, with the opportunity to develop into a broader focus across DM and EM.
  • Provide market color and insight to other portfolio managers. Apply broad range of skills to ad hoc requests within the broad portfolio management context, assisting across functional areas.

Position Requirements

  • Bachelor's degree from an accredited institution demonstrating strong academic credentials.

  • Several years of successful experience in managing European government bonds, interest rates and derivatives focused portfolios at a prominent buy-side or sell-side institution.

  • Strong quantitative experience with developing, modifying, and using empirical investment models to analyze, compare, and contrast a diversity of market data and economic variables.

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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