Investment Analyst Opportunistic Credit

PIMCO; Newport Beach (CA); On-site; USD 135,000 - 240,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k)

CFA certification reimbursement

Work/life programs

Job summary

PIMCO is a global investment management firm seeking a Portfolio Manager for its Newport Beach opportunistic credit team. You will identify, evaluate, underwrite, and manage opportunistic credit and special situations investments, collaborating with alternatives professionals and the research group.

Based in Newport Beach, you will interact with portfolio management and corporate research to drive investment ideas and risk-adjusted returns across public and private debt and equity markets.

Qualifications

• 2+ years of meaningful investment banking, credit research, and/or credit investing experience.
• Strong experience in credit analysis and financial modeling; restructuring/distressed experience is a plus.
• Outstanding academic credentials and demonstrated leadership capabilities.
• Strong work ethic and integrity; team player who is proactive and self-motivated.
• Experience managing tasks with minimal direction and ability to make preliminary decisions quickly.
• Good communicator with strong written and oral presentation abilities; persuasive and credible.
• Ability to work effectively on multiple projects simultaneously.

Responsibilities

• Assist in identifying and evaluating public and private corporate debt and equity investments (long and short) and special situation opportunities.
• Partner with PIMCO Alternatives deal teams on diligence, underwriting, and management of selective investments.
• Perform deep-dive research on industry sectors and companies, including detailed financial modeling and credit documentation review.
• Communicate and present investment ideas and analysis to senior team members, portfolio managers, and investment committees.

Skills

Credit analysis

Financial modeling

Investment research

Diligence

Portfolio management

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.

JOB DESCRIPTION

PIMCO’s growing $178 billion alternative complex invests in a wide range of asset types and geographies. PIMCO’s opportunistic credit team manages funds focused on investing in directional and relative value opportunities across public and private corporate debt and equity, stressed/distressed capital structures, and various event-driven and special situation opportunities. PIMCO is seeking a Portfolio Manager to join this opportunistic credit team, to be based in our Newport Beach office. You will be directly involved in identifying, evaluating, underwriting, and managing opportunistic credit and special situations investments. You will also interact across our investment organization; including Portfolio Management professionals within our alternatives platform, as well as across the firm’s corporate research group.

RESPONSIBILITIES

• Assist in identifying and evaluating public and private corporate debt and equity investments (both long and short), and special situation opportunities
• Partner with PIMCO Alternatives deal teams on diligence, underwriting, and management of selective investments
• Perform deep-dive research on industry sectors and individual companies, including detailed financial modeling and credit documentation review
• Communicate and present investment ideas and analysis to senior team members, portfolio managers, and investment committees

REQUIREMENTS

• 2+ years of meaningful investment banking, credit research, and/or credit investing experience
• Strong experience in credit analysis and financial modeling, restructuring/distressed experience is a plus
• Outstanding academic credentials and demonstrated leadership capabilities
• Strong work ethic and integrity; you should be a team player who is proactive and self-motivated
• Experience managing tasks with minimal direction and an ability to make preliminary decisions in a short time frame
• Good communicator, strong written and oral presentation abilities; needs to be persuasive and credible
• Ability to work effectively on multiple projects simultaneously

BENEFITS

PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and wellbeing of you and your family. Benefits vary by location but may include:

• Medical, dental, and vision coverage
• Life insurance and travel coverage
• 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
• Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
• Community involvement opportunities with The PIMCO Foundation in each PIMCO office

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: $ 135,000.00 - $ 240,000.00

Equal Employment Opportunity and Affinitive 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.