CIT Strategy & Product Lead

Pacific Investment Mgt; Newport Beach (CA); On-site; USD 150,000 - 210,000; Full time

Job summary

PIMCO in Newport Beach is seeking a CIT Solutions Strategist to join our CIT Strategy Team and shape the future of the firm’s Collective Investment Trust (CIT) business.

The role serves as a strategic resource across the firm, coordinating with Defined Contribution Solutions, Client Management, Product Strategy, Legal, Operations, Compliance, and third-party trust companies to implement CITs and support client adoption.

Responsibilities

• Lead the implementation and enhancement of CIT products and share classes.
• Partner with the product and distribution teams to identify market opportunities and determine product and share-class needs.
• Serve as a primary liaison with third-party trust companies, with a strong understanding of their practices, operational and reporting requirements, fiduciary responsibilities, and governance frameworks.
• Proactively identify opportunities to expand collaboration with trustees and support business growth.
• Partner with Funds Legal Compliance and Trustees to support adherence to regulatory and fiduciary requirements.
• Evaluate governance implications of product changes, operational issues, and investor requests, including restricted affiliates, employer securities, trading guidelines, and eligibility restrictions.
• Proactively monitor regulatory developments and changes across the retirement landscape, assess potential implications for the CIT business, and provide timely, actionable updates to business stakeholders.
• Lead cross-functional initiatives across multiple stakeholders and business units. Develop project plans, establish milestones, manage dependencies, and drive execution.
• Identify risks, develop mitigation strategies, and proactively communicate issues and recommendations.
• Serve as a trusted internal resource on CIT structures, investor eligibility, product positioning, fees, reporting, governance, liquidity, and operational considerations.
• Provide accurate, well-supported analyses, recommendations.

Job description

PIMCO in Newport Beach is seeking a CIT Solutions Strategist to join our CIT Strategy Team and shape the future of the firm’s Collective Investment Trust (CIT) business.

The role serves as a strategic resource across the firm, coordinating with Defined Contribution Solutions, Client Management, Product Strategy, Legal, Operations, Compliance, and third-party trust companies to implement CITs and support client adoption.