Associate, Investment Operations

PIMCO Ltd. - Pacific Investment Management Company; Newport Beach (CA); On-site; USD 87,000 - 93,000; Full time

Job summary

PIMCO Ltd. – Pacific Investment Management Company is seeking an Analyst to join the Investment Operations (IO) team.

This role supports the implementation of new instruments, manages middle office providers, and oversees custodial oversight with an emphasis on reducing operational risk and driving process improvement. You will train on our processes, data gathering, and trade lifecycle, then assist Portfolio Management and Client Facing teams in enhancing performance and addressing client

Qualifications

• Bachelor's degree in Finance, Accounting or Economics.
• Strong problem-solving skills. Detail oriented.
• Strong business writing; communicate clearly and professionally.
• Critical thinking; mathematical proficiency.
• Collaborative, cross region and cross functional partners.
• Able to work independently from start to finish.
• Willing to learn and improve through feedback.
• Able to apply knowledge to manage requests and resolve issues.
• Proficient with Microsoft Office: Excel/Word/Outlook/PowerPoint; Pivot tables.
• Desirable knowledge of Confluence/ Smartsheets /Appian; automation a plus.
• Desirable SQL knowledge; coding knowledge is a plus.
• Knowledge of AI integration opportunities.
• Strong project management and implementation capabilities; multitasking across initiatives.
• Experience in new market onboarding; FX and EM knowledge desirable.
• Knowledge of financial products including derivatives, fixed income, equities, and alternatives.

Responsibilities

• Identify, source, measure, monitor, evaluate, and mitigate operational risk in processes.
• Mobilize subject matter experts to provide solution suggestions.
• Provide solutions to optimize client outcomes.
• Oversee providers and ensure quality outputs.
• Drive projects and achieve stakeholder consensus on complex processes.
• Meet project milestones and report status to stakeholders.
• Develop presentations and reports for management and stakeholders.
• Maintain good record-keeping and perform gap analyses.
• Demonstrate strong technical skills to boost productivity.
• Collaborate with Portfolio Managers, custodians, brokers, Legal & Compliance, and other teams globally.
• Become subject matter expert in oversight areas: FX, Emerging Markets, Claims, New Securities.

Skills

Problem solving

Attention to detail

Business writing

Critical thinking

Cross-functional collaboration

Independent worker

Feedback-oriented

Communication

Team collaboration

Time management

Adaptability

AI awareness

FX/EM knowledge

Financial products knowledge

Education

Bachelor's degree in Finance, Accounting or Economics

Tools

Excel

Word

Outlook

PowerPoint

Pivot tables

Power Platform

Confluence

Smartsheets

Appian

SQL

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.

We are seeking an Analyst to join the Investment Operations (IO) team. Our team manages the implementation of PIMCO's new instruments and markets for all products, as well as managing our outsourced middle office service provider and our custodial oversight program. The team also oversees emerging markets, and investment operations. This role is part of an operational, strategic initiative and is an excellent opportunity for motivated individuals to differentiate themselves. In this role, you will be part of a team that partners with Portfolio Managers in delivering incremental alpha and managing operational risk. This is an opportunity to increase your trading operations experience and financial products and markets knowledge.

This position requires balance between hands-on, tactical operational support and strategic initiative implementation. It offers an excellent opportunity for motivated individuals interested in asset management operations and eager to make an impact.

Initially, you will undergo comprehensive training to fully understand our people, processes, and systems. This will include mastering fundamentals such as data gathering, leveraging AI, understanding trade lifecycle, conducting deep dives into fund-level data, ensuring data quality for accurate reporting and management information, and identifying and addressing exceptions.

Gradually, you will begin to assist our Portfolio Management team in enhancing performance and managing operational risks. You will also support our Client Facing team in addressing clients' operational queries and in designing and implementing process improvement projects. The candidate will learn to translate technical findings into actionable recommendations.

Location

Newport Beach, CA or Austin, TX

About You

If the following qualities resonate with you, we encourage you to apply for this exciting opportunity. At PIMCO, we offer a dynamic work environment where you will have the chance to make a meaningful impact:

• As an intellectually curious individual, you are dedicated to professional development and staying abreast of industry trends.
• Outstanding attention to detail. Strong interpersonal and communication skills.
• Exceptional organizational and project management skills, including the ability to multi-task and lead multiple ongoing initiatives.
• Intellectual curiosity, a dedication to professional development, an ability to learn, and an interest in staying on top of emerging trends and tools.

• Resourceful, inquisitive, and enjoy problem-solving. Many of the initiatives we face are complex, and require you to conceptualize the objectives, bottlenecks, and unknowns.
• Ability to meet stringent deadlines, adapt to shifting priorities and enjoy working with ambiguity.
• The ability to understand the "why" and "how" things are done, while identifying new and better ways of doing things.
• A standout teammate who builds positive relationships and collaborates across multiple levels of a globally diverse organization, including outside vendors.
• Self-motivated and thrive in a fast-paced environment, detail oriented who takes ownership of your work quality and enjoys continuous improvement.
• Open to receiving and giving feedback.
• Encourage a positive work environment and culture for all employees.
• Ownership and accountability in handling problems and resolving issues.
• Can independently research unfamiliar topics.

Responsibilities

The key responsibilities include, but are not limited to:

• Identify, source, measure, monitor, evaluate, and mitigate operational risk in processes.
• Mobilize other subject matter experts to provide solution suggestions to bring the best outcome.
• Provide solutions/suggestions to bring the best outcome for our clients.
• Oversee providers and ensure they are delivering quality output.
• Contribute to driving projects and getting stakeholders to reach a consensus on complicated processes.
• Consistently meets project stakeholder expectations by being able to understand the interdependencies across multiple sub-projects and manage progress.
• Track and report accurate deliverable status for assigned scope and be able to present to stakeholders independently.
• Develop presentations and reports for management and key stakeholders.
• Understand the importance of good record keeping and gap analysis and be prepared to provide back-up when requested.
• Demonstrate strong technical skills that enhance productivity and efficiency.
• High emotional intelligence, flexible, and resilient.
• Collaborate with Portfolio Managers, custodians, brokers, Legal & Compliance, other operational teams, Account Management, and front, middle and back offices globally in promoting process efficiency.
• Become a subject matter expertise in our oversight areas: FX, Emerging Markets, Claims, New Securities

Qualifications

• Minimum of a bachelor's degree, preferably in Finance, Accounting or Economics.
• Strong problem-solving skills. Detail oriented.
• Strong business writing skills. Ability to communicate clearly and professionally with others; and to create valuable resources for the business. Can summarize complex issues clearly.
• Critical thinking skills. Solid reading comprehension skills and mathematically proficient
• Collaborative, enjoy working with stakeholders, cross region, and cross functional business partners.
• Able to work independently, can take on requests from start to finish.
• Willing to learn and improve through feedback and constructive criticism.
• Able to apply knowledge and experience to effectively manage requests and resolve issues.
• Proven skills and experience in Microsoft computer applications; must be strong at Excel/Word/Outlook/PowerPoint/ Pivot table, and willing to learn Microsoft Power Platform.
• Knowing project management applications such as Confluence/ Smartsheets /Appian or equivalent is desirable. Experience in automation implementation is a plus.
• Knowledge of SQL and database querying is desirable. Additional coding knowledge is a plus.
• AI Knowledge, able to be thoughtful and insightful on integration opportunities.
• Strong project management and implementation capabilities. Solid time and priority management skills, including managing multiple initiatives effectively and prioritizing accordingly without losing track of the end goal.
• Experience in new market onboarding experience; operational knowledge in foreign exchange and emerging markets desirable but not required.
• Knowledge of financial products including but not limited to derivatives, structured fixed income, equities, and alternative investments.

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: $ 87,000.00 - $ 93,000.00

Equal Employment Opportunity and Affiliation 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.