Manager, Alternatives Operations

PIMCO; Austin (TX); Sur place; USD 135 000 - 168 000; Plein temps

Résumé du poste

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. The Senior Associate/Manager role supports private debt settlements and lifecycle management, coordinating with Portfolio Management, Legal, Compliance, Finance, and external service providers.

Based in Austin, TX or New York, NY, this position requires a Bachelor’s degree and at least 5 years of hands-on experience with private/direct originated debt, including term loans and revolvers.

Qualifications

• Bachelor’s degree required.
• Minimum 5 years of operational support experience across private and direct originated debt.
• Experience with term loans, revolvers, and delayed draw loans; servicing loans and coordination with service providers.

Responsabilités

• Support private debt portfolio managers with settlement oversight and lifecycle management of private/originated loan trades.
• Provide coverage for commercial real estate equity portfolio managers on deal settlement and wire instructions.
• Oversee outsourcing providers performing back-office tasks (settlements, asset setup, waterfall calculations, P&I processing, document custody).
• Educate service providers and internal stakeholders on deal mechanics and structuring.
• Assist with complex loan amendments and restructurings.
• Manage cross-functional projects to improve processes and controls.
• Liaise with vendors and banks for service upgrades and new product solutions.

Connaissances

Operational support

Debt knowledge

Vendor coordination

Formation

Bachelor's Degree

Description du poste

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.Our Alternative Operations team is based in Newport Beach, CA, New York, NY, and London, UK. We support PIMCO’s Alternatives/Structured Products business, including complex hedge funds and private equity vehicles. As a Sr. Associate/Manager, you will engage with key stakeholders, including Portfolio Management, Legal, Compliance, Finance, and external service providers, to ensure timely settlements and maintenance of all private debt investments across PIMCO. Examples include:Deal facilitationSettlementIncome accounting and collectionCash wire controlsPhysical security registrationComplex debt restructuringOther operational functionsThis role may be based in New York, NY or Austin, TX.About YouYou challenge the status quo by asking “why” and identifying new and better ways of doing thingsExceptional organizational and project management skills, including the ability to multi-task and lead many ongoing initiativesResourceful, inquisitive, and enjoy problem-solving. Many of the concepts and/or solutions we face are sophisticated, and you bring a desire to work through these complex scenariosProven track record to deliver on assigned responsibilities through pursuing excellence, outstanding attention to detail, and using interpersonal and communication skillsYou seamlessly adapt to shifting priorities and enjoy working with ambiguityA standout teammate who builds positive relationships and collaborates across multiple levels of a globally diverse organization, including outside vendorsTrack record of building credibility and trust through consistent behavior, high integrity, and judgmentIntellectual curiosity, a dedication to professional development, an ability to learn, and an interest in staying on top of emerging trendsSelf-motivated and thrive in a fast-paced environmentHigh emotional intelligence, are flexible, and resilientProven record navigating unstructured processes and simultaneously handling responsibilities with multiple, exciting demandsEncourage a positive work environment and culture for all employeesResponsibilitiesSupport PIMCO’s private debt portfolio managers with settlement oversight and life cycle management on all private/originated loan tradesProvide coverage for the commercial real estate equity portfolio managers regarding deal settlement, capital calls, wire instruction updates, etc.Provide necessary oversight and serve as an escalation point to outsourced providers performing back-office related functions (settlements, asset setup, waterfall calculations, P&I processing, document custody storage, etc.)Educate service providers and internal stakeholders on deal mechanics and structuring.Assist with complex loan amendments and restructuringsManage cross-functional projects to improve specific processesWork with the Alternatives Finance team on cash management requirements for fund development and deal facilitation issuesEnhance controls and oversight for all non-standard alternative transactions across PIMCOAssist with the operational aspects of bespoke loan financingsLiaise with various vendors or banking institutions for added service upgrades and new product solutionsRequirementsMinimum of a Bachelor’s DegreeMinimum 5 years of operational support experience across private and direct originated debt, including term loan, revolver, and delayed draw loansHands-on exposure reviewing credit agreements, knowledge of key terms for servicing loans, how loans accrue, communications with service providers to ensure deal facilitation, etc.Preferred QualificationsExposure to commercial real estate debt/equity operations (e.g., purchase and sales agreements, loan set up and settlement processes, amendments, waterfalls, etc.)Alternatively, experience with distressed debt or corporate loan operationsExposure to Private Equity and Hedge Fund organizational structures; frameworks from booking and settlement through accounting and maintenance of deals post-settlementPIMCO 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 - $ 168,000.00Equal 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.