Fund Regulatory & Risk Operations Manager

LGBT Great; New York (NY); On-site; USD 137,000 - 195,000; Full time

Job summary

An established industry player is seeking a Fund Regulatory & Risk Operations Manager to lead regulatory reporting processes in a dynamic environment. This role offers the chance to make a significant impact by ensuring operational excellence and compliance with evolving regulations. You will collaborate with diverse teams, manage multiple projects, and contribute to innovative solutions that enhance reporting accuracy. If you thrive in a fast-paced setting and have a strong analytical mindset, this opportunity is perfect for you. Join a company that values integrity, collaboration, and continuous learning, and take your career to the next level.

Qualifications

• Minimum 7 years of experience in mutual fund regulatory reporting.
• Strong project management and analytical skills required.

Responsibilities

• Oversee service providers preparing regulatory reports.
• Coordinate with teams for timely completion of reports.

Skills

Regulatory Reporting

Project Management

Analytical Skills

Interpersonal Skills

Attention to Detail

Education

Bachelor's Degree

Advanced Degree

Tools

Snowflake

Job description

Fund Regulatory & Risk Operations Manager

at PIMCO

On-site New York, New York, United States Full-time Posted 11 days ago

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 Description

In recent years, the Securities and Exchange Commission, CFTC, and other regulatory bodies have issued widespread regulation mandating substantial reporting for US mutual funds and registered investment advisers, impacting PIMCO's reporting requirements, PIMCO’s own funds, and reporting responsibilities delegated to us by our clients. The Fund Regulatory and Risk Operations team plays an essential role in ensuring the day-to-day operational excellence of reporting to regulators. As a Fund Regulatory and Risk Operations Manager, you will be key in leading PIMCO with processes around existing reporting regimes, as well as through the implementation of growing regulatory reporting requirements. We are seeking a proactive and analytical individual to oversee day-to-day operations with our outsourced service provider, ensuring the accuracy and completeness of final reporting documents and backup validations. This role requires someone who can identify discrepancies, ask probing questions, and dig deeper into the data. The ideal candidate will have a solid understanding of regulatory filings such as Form N-CEN, N-PORT, and PF.

Key responsibilities include:

1. Improving oversight and identifying opportunities for process improvements and cross-validation across different forms and reports.
2. Supporting Senior Vice President leadership and having growth opportunities including cross-functional engagement and projects and becoming an authorized signatory for certain filings.

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:

1. Exceptional Organizational Skills and Resourcefulness: You excel in managing multiple projects with outstanding organizational and project management abilities. Your critical thinking skills enable you to solve complex problems creatively and resourcefully. You are self-motivated, committed to excellence, and demonstrate strong attention to detail, along with excellent interpersonal and communication skills.
2. Adaptability and Collaboration: You thrive in dynamic, fast-paced environments, adept at navigating shifting priorities and ambiguity. Collaboration is key to your approach, as you build positive relationships and work effectively across diverse teams. Your emotional intelligence, adaptability, and resilience equip you to manage unstructured processes and demanding responsibilities successfully.
3. Integrity and Continuous Learning: Your actions reflect high ethical standards and integrity, earning you credibility and trust. As an intellectually curious individual, you are dedicated to professional development and staying abreast of industry trends.

Position Development Value

1. Contribute to the build-out and success of firm-wide processes to support regulatory reporting requirements.
2. Lead PIMCO in the industry with processes around regulatory reporting and the implementation of growing regulatory reporting requirements.
3. Engage in an open learning environment focused on regulatory reporting requirements, core operational processes, and procedures.
4. Directly contribute to PIMCO's regulatory reporting operations.
5. Gain extensive exposure to industry experts within PIMCO Operations and across other functional areas of the firm.
6. Collaborate with talented colleagues cross-functionally and globally.
7. Receive constructive feedback to foster career growth in addition to a formal annual review process.
8. Participate in cross-functional technology projects, such as adapting to new or amended regulations and transitioning from a push to a pull communication model using Snowflake.
9. Become involved in budget management and ensuring efficient and effective reporting processes.

This position offers immediate growth opportunities and the chance to work on innovative projects from day one.

Responsibilities

The key responsibilities include, but are not limited to:

1. Oversee service providers and strategic partners preparing regulatory reports and resolve identified issues and exceptions.
2. Coordinate with internal and external teams to ensure the timely and accurate completion of regulatory reports across multiple regulatory bodies.
3. Partner and lead projects with technology, vendors, and across functions to continuously improve processes and seek efficiencies through digitalization.
4. Coordinate regulatory technical standards and specifications between regulator specifications & Q&A, vendor specifications and industry bodies, and internal legal, operations, and technology teams.
5. Provide leadership and oversight of State Street and EY reporting; act as an escalation point for reporting exceptions and for navigating structural reporting issues.
6. Ensure accuracy and completeness of reporting by overseeing delegated parties.
7. Oversee reconciliation and reporting across a multi-pronged reporting model.
8. Coordinate and lead cross-functional projects that may overlap between regulatory reporting, fund reporting, finance, and other governance matters.
9. Handle ad hoc projects and periodic deliverables to assist with budgeting, fund events, and reporting.

Qualifications

Minimum of a bachelor’s degree. An advanced degree is desirable. Minimum 7 years of professional experience within a fund administrator, investment advisor, or public accounting firm with a focus on mutual fund regulatory reporting, financial reporting, or accounting. Experience with the implementation of US regulatory reporting and/or direct responsibility for operational teams supporting the day-to-day processes related to regulatory reporting. Ability to interpret regulatory guidance and review operational output, and navigate across functions to ensure optimal output. Analytical mindset to review and resolve issues, problem-solve, and escalate when needed to senior management. Strong aptitude for transaction information and data. Ability to interpret requirements, navigate sourcing data and information, and translate to internal workflows. Broad understanding of registered investment companies, fund administration functions, and investment accounting. Excellent project management skills, including goal and task setting, progress tracking, managing change requests, and prioritizing changes. Experience implementing and improving processes and change management.

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: $ 137,000.00 - $ 195,000.00

Equal 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 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.