Associate - Special Situations Group

PIMCO; Greater London; On-site; GBP 55,000 - 75,000; Full time

Job summary

A global investment firm is seeking an Associate for its Private Strategies team. The role involves underwriting complex investments within the Asset-Backed Finance space, developing cash flow models, preparing investment memos, and conducting due diligence. Ideal candidates should have 2–4 years of relevant experience in private equity, hedge fund, or investment banking, alongside strong analytical skills and a proactive work ethic. This position offers the opportunity to work in a fast-paced, collaborative environment, focusing on impactful investment strategies.

Qualifications

• 2–4 years of relevant experience in private equity, hedge fund, or investment banking.
• Strong work ethic and integrity, team player with a proactive attitude.
• Ability to prioritize and meet multiple deadlines.

Responsibilities

• Analyse and underwrite complex investments in Asset-Backed Finance.
• Develop cash flow models for potential investments.
• Prepare investment memos for senior management.
• Assist in due diligence for new investments.
• Support financing activities for investments.
• Conduct market research for new investment themes.

Skills

Analytical skills

Financial modeling

Interpersonal communication

Proactivity

Strategic thinking

Education

University degree in mathematical, financial, economic or engineering related subject

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.

PIMCO is looking to hire an Associate, Private Strategies to join its Special Situations team. The successful candidate will focus on underwriting and assist in sourcing and executing transactions, gaining exposure to all aspects of the investment process.

The team has a flexible mandate to deploy capital for several funds across multiple asset finance sectors (both via assets and platforms) and with the flexibility to invest across the capital structure (private equity, public equity, mezzanine, senior debt and structured finance).

Responsibilities

• Analyse and underwrite complex investments with meaningful total return opportunities within the Asset‑Backed Finance space

• Develop and maintain cash flow models for potential investments and work on ongoing management and value‑maximisation for such investments

• Prepare investment memos to be presented to senior portfolio managers and investment committees

• Assist with due diligence relating to new investments, including the formulation and review of business plans and coordination of legal, technical and commercial underwriting

• Support financing activities for both new and existing investments, including evaluation of different financing options, legal coordination and negotiation with lenders

• Conduct market research in order to identify new investment themes

Requirements

• The successful candidate will most likely come from private equity, hedge fund or investment banking, with 2–4 years of relevant experience

• Preference for university degree in mathematical, financial, economic or engineering related subject

• Strong analytical and financial modelling skills

• Strong work ethic and integrity: candidate should be a team player who is proactive, self‑motivated and have a deep intellectual curiosity and desire to learn in a fast‑paced environment

• Excellent interpersonal communication and writing skills

• Ability to prioritize and meet multiple deadlines

• Strategic mindset with the capacity to think “outside of the box”

• European language skills considered an advantage