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Systematic Quantitative Researcher

Systematic Quantitative Researcher
Newport Beach, CA USA
160,000 - 305,000
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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.

PIMCO has relied on quant strategies combined with fundamental analysis to drive alpha in fixed income for three decades. That success led us to expand our quant capabilities to currencies, commodities and equities over the last 15 years. Today, we are looking for the best minds to help us build on our expansive quant capabilities and break ground on exciting new initiatives.

We are expanding the quantitative research team! In this position you will be responsible for researching, developing and managing systematic trading strategies across asset classes. Here you will collaborate with some of the best minds across a range of disciplines, conduct empirical data analysis that can be tested and applied, and help to design and build a host of new quant initiatives. PIMCO incorporates macroeconomic factors in our quantitative research, providing a unique opportunity for economists. Additionally, our global reach across a myriad of markets provide opportunity for both intellectual and professional growth. We are looking for high-performing PhD, masters and undergraduate talent in fields such as economics, finance, science or mathematics.


  • Idea generation for novel systematic trading models

  • Discovering, evaluating, and utilizing alternative/new data sources

  • Working collaboratively with technologists, traders and other researchers to build robust systematic trading strategies

  • Working across asset classes (equities, futures, FX, etc.) and investment horizons from minutes to months or years.

  • Portfolio construction and optimization in the presence of real-world constraints.

  • Analysis of model performance, TCA, risk management

For more senior candidates:

  • Extensive client contact with prospective and existing clients, including product pitches and client education


  • PhD or Master’s degree in a quantitative field; ideally mathematics, physics, engineering or computer science.

  • Solid understanding of probability and statistics (e.g. machine-learning, time-series analysis, pattern recognition, NLP)

  • Ability to work with unstructured real-world data

  • Programming experience, ideally Python (but R and Matlab also acceptable) and proficiency in statistical packages Independent research experience

  • Experience of using quantitative techniques in solving highly complex data intensive problems

  • Ability to handle multiple tasks and thrive in a fast-paced team environment

  • Excellent analytical skills, with strong attention to detail

  • Strong written and verbal communication skills

For more senior candidates:

  • Proven ability to take investment-related research from idea origination to implementation.
  • Evidence of ability to create alpha through deployment of quantitative systematic strategies.

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: $ 160,000.00 - $ 305,000.00

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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