Account Associate

PIMCO Europe Ltd.; Newport Beach (CA); On-site; USD 105,000 - 115,000; Full time

Job summary

A global investment management firm is seeking an Account Associate based in Newport Beach, CA, or Austin, TX. This role focuses on servicing institutional clients, analyzing market trends, and supporting account management. Candidates must have a four-year degree in Business or Finance and 2-4 years in financial services. Proficiency in Excel and knowledge of fixed income markets are required. The position offers competitive salary and bonus potential, with opportunities for career advancement within the firm.

Qualifications

• 2-4 years of experience in financial services or investment banking.
• Completion of Series 7 and 63 within the first six months.
• Knowledge of fixed income securities and portfolio management.

Responsibilities

• Gather and analyze market trends and data for clients.
• Create customized client reports and respond to inquiries.
• Draft internal presentations and client-servicing materials.

Skills

Relationship Building

Collaboration

Emotional Intelligence

Organizational Skills

Problem Solving

Education

Bachelor's degree in Business/Finance, Economics, or Accounting

Tools

Microsoft Excel

Bloomberg

Job description

Account Associate page is loaded## Account Associatelocations: Newport Beach, CA USA: Austin, TX USAtime type: Full timeposted on: Posted Yesterdayjob requisition id: R106277PIMCO 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**The Account Associate Group serves a unique and dynamic role that is based around the core responsibility of servicing PIMCO’s institutional clients. The individuals that make up this teamwork within the broader account management group to ensure delivery of the highest level of service to clients. The primary responsibility of the associates and analysts is to work alongside account managers as part of dedicated relationship teams, gathering, analyzing, and discussing economic and fixed income trends, evaluating portfolio structures and strategies, and delivering performance attribution analyses. In addition to client servicing responsibilities, most members of the group participate in the Chartered Financial Analyst (CFA) program through the CFA Institute.This position offers a fantastic opportunity for individuals aspiring to build a long-term career with PIMCO, with potential pathways to serve clients and the firm in various capacities over time. Many dedicated AAs have successfully transitioned into account management, strategic accounts, and client-facing roles in other distribution channels, while others have achieved CFA, CIMA, CAIA, and other industry designations with firm support.**Location**This role can be based in Newport Beach, CA, or Austin, TX.Key Relationships* PIMCO Investment Professionals including other members of the Account Management Group, Product Managers and Associates, and Portfolio Managers and Trade Assistants.* PIMCO Fund Operations Group* Current and prospective clients.**About You**If you identify with the following qualities, we encourage you to apply for this exciting opportunity at PIMCO. We offer a dynamic work environment where you can make a meaningful impact:* **Relationship-Builder:** You excel at building relationships, paying attention to details, and have a passion for financial markets and client service.* **Collaborative:** You foster positive relationships with clients, colleagues, and external stakeholders through a collaborative work style.* **Emotionally Intelligent:** You possess high emotional intelligence, adaptability, and resilience.* **Organized & Efficient:** Your exceptional organizational and project management skills enable you to manage multiple various initiatives simultaneously.* **Trustworthy:** You demonstrate credibility and integrity, characterized by consistent behavior and high ethical standards.* **Curious & Driven:** Your intellectual curiosity fuels your dedication to professional development and staying informed about emerging trends.* **Problem Solver:** You approach complex issues with a critical and empathetic mindset, finding creative solutions.* **Self-Motivated:** You are detail-oriented and consistently deliver on responsibilities with a focus on client needs, teamwork, and effective communication.* **Adaptable:** You thrive in fast-paced environments, adjusting to shifting priorities and working effectively with ambiguity.* **Versatile:** You navigate unstructured processes and manage multiple demanding responsibilities with ease.* **Aligned with PIMCO’s Values:** You embody PIMCO's values of Collaboration, Openness, Responsibility, and Excellence, guiding our commitment to delivering the best for our clients and each other.**Responsibilities**The key responsibilities include, but are not limited to:* Gather, analyze, and discuss market trends and data with colleagues and clients.* Analyze portfolio characteristics in the context of broader investment themes.* Evaluate risk reports, perform attribution research, and conduct scenario analysis.* Create customized client reports and respond to ad-hoc inquiries.* Draft internal presentations and prepare client-servicing materials.* Summarize and explain complex financial and economic concepts to educate and service existing and prospective relationships.**Position Qualifications*** Must possess a four-year college degree with a preferred major in Business/Finance, Economics, or Accounting. Progress toward the CFA designation is a plus.* 2-4 years of experience in financial services, asset management, investment banking or accounting. A strong background and/or interest in fixed income and economics is important.* Completion of Series 7 and 63 within the first six (6) months of employment.* Knowledge of and interest in the financial markets, fixed income, and portfolio management techniques.* Demonstrated proficiency with Microsoft Excel and strong knowledge of software applications in general, including but not limited to index-provider databases, query tools and Bloomberg.* Self-starter, ability to work within the firm’s demanding and highly focused environment* Outstanding relationship building skills* Ability to clearly articulate analysis, written and verbally* Knowledge of fixed income securities and portfolio management techniques* Work effectively with all levels of personnel as part of a team* Excellent time-management, multi-tasking, organization and communication skills* Clear commitment to PIMCO's culture, values and approachPIMCO 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: $ 105,000.00 - $ 115,000.00Equal 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