Associate, Alternatives Business Management

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

Benefits offered by this job

Discretionary bonus

Competitive compensation

Job summary

PIMCO seeks an Associate for its Alternatives Business Management team in Newport Beach. You will support deal execution and transaction management across the private alternatives platform, coordinating with Legal, Operations, Finance, Tax, Risk, Compliance, and Trading to move transactions from pipeline to close.

This role offers exposure across the investment lifecycle and a chance to work with senior stakeholders while building a holistic view of how private deals are structured and managed

Qualifications

• 1–3 years of experience; internships considered.
• Exposure to buy-side or sell-side trading environment preferred.
• Fixed Income knowledge required; residential loan or consumer asset class desirable.
• Compliance experience a plus.

Responsibilities

• Liaise with PMs and cross-functional teams to ensure policy and process completion before close.
• Assist deal desks with pipeline management and deal setup in DealCloud.
• Coordinate with Ops, Finance, Tax, Risk, and Compliance on liquidity timing and reporting.
• Support quarterly Origination and Asset Management reporting.

Skills

Relationship skills

Communication

Analytical thinking

Problem solving

Collaboration

Adaptability

Education

Bachelor’s degree in math, science, finance, economics or related quantitative field

Tools

Excel

DealCloud

Power BI

iLevel

dv01

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 DescriptionWe are seeking an Associate to join our Alternatives Business Management team. This role sits at the center of PIMCO’s private alternatives platform, partnering directly with Portfolio Managers (PMs) to drive the execution and oversight of investment activity from pipeline through close.The Associate will play a central role in supporting deal execution and transaction management across the private alternatives platform. This role is critical in ensuring transactions move efficiently from pipeline through close, with full alignment across Trading, Legal, Operations, Finance, Tax, Risk, and Compliance.This position offers exposure across the full investment lifecycle—from pipeline management and deal setup through execution and post-close processes. The Associate acts as a key integrator across teams, ensuring that all operational, compliance, and risk requirements are met without slowing deal velocity.Beyond coordination, this role provides a unique opportunity to develop a holistic understanding of how deals are structured, executed, and managed on the buy side, while working directly with investment teams and senior stakeholders.ResponsibilitiesKey responsibilities include, but are not limited to:Liaise with PM and all relevant support groups (Legal/Ops/Finance/Tax/Risk/Compliance/Trading) to ensure all internal policies and processes have been completed prior to closeWork with Trade Assistants and Trade Compliance to ensure smooth trade flow processCoordinate with all groups on the NST checklist process and completionAssist PMs with Desk’s deal pipeline management – including deal setup in DealCloud, monitoring and updating settlement information, coordinating with Alts Operations and Alts Finance on timing for liquidity purposes, as well as verifying pipeline info is properly flowing through to downstream reporting and work-streamsDeal Tagging updates – coordinate with Trade Assistants and Alts Finance on appropriate tagging in the Fund Custodian and Risk systemsAssist Desk PMs in review of quarterly Origination and Asset Management reportingRespond to ad-hoc requests from Portfolio Management and other groups, as necessaryQualifications1-3 years of experience; strong, relevant internship experience will be consideredExposure to a buy-side or sell-side trading environment preferredWorking knowledge of Fixed Income. Exposure to residential loan or consumer asset class (unsecured consumer, credit card, student loan, auto, BNPL, solar) desirableCompliance related experience and/ or legal background a plusStrong relationship skills with the ability to work closely with PMs and cross-functional teamsExcellent communications skills; able to clearly articulate ideas and strategies clearly, both verbally and in writingStrong analytical and problem-solving skillsAbility to operate effectively in a fast-paced, high-pressure environmentEnjoy working collaboratively across the organization to resolve issues.Advanced Excel skills; familiarity with dv01, DealCloud, Power BI, and iLevel a plusBachelor’s degree and strong academic record with concentration in math, science, finance, economics or other related quantitative/analytical field from a leading, accredited college or university.Position Development ValueExtensive exposure to senior industry experts within Portfolio Management and across other functional areas of the firmA broad range of opportunities to collaborate with talented colleaguesLearning environment focused on key buy-side portfolio risk and return principlesConstructive feedback to foster career growth in addition to a formal annual review processPIMCO 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 StatementPIMCO 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 DisabilitiesPIMCO 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.