Portfolio Analyst/Associate – Credit Desk

PIMCO; Newport Beach (CA); On-site; USD 90,000 - 105,000; Full time

Benefits offered by this job

Salary range: $90,000–$105,000

Equal Employment Opportunity

Job summary

PIMCO in Newport Beach, CA seeks a Portfolio Analyst/Associate who supports Portfolio Managers, monitors portfolios, and helps manage risk and client assets. You will collaborate with Account Managers, Product Managers, Legal, Compliance, and Operations to implement investment objectives.

Ideal candidates have 1–3 years in financial services, a technical bachelor’s, deep fixed income knowledge, strong communication and analytical skills, and a process-oriented mindset to work under tight

Qualifications

• 1–3 years of relevant work experience in financial services/asset management
• Bachelor’s degree with strong academic background in a technical field
• Deep understanding of fixed income including knowledge of most cash and derivative instruments
• Exceptional communication skills are required to operate in a complex financial and mathematical environment
• Strong process-oriented background and ability to demonstrate keen portfolio risk and operational awareness
• Outstanding analytical skills and proven ability to work efficiently under time pressure

Responsibilities

• Provide support to Credit Portfolio Management team, ensuring investment objectives are reflected across portfolios in scope
• Monitor portfolio positions and products versus client guidelines in concert with Compliance team
• Coordinate with Portfolio Management on sizing of trades and re-balancing of portfolios
• Utilize proprietary risk systems for monitoring of portfolio exposures
• Assist in account transitions and cash flow management
• Respond to ad-hoc requests from the Portfolio Management team and monitor credit trades across the firm

Skills

Communication skills

Analytical skills

Problem solving

Risk awareness

Education

Bachelor's degree in a technical field

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.Portfolio Analyst/Associate Team OverviewPortfolio Analyst/Associate team members directly support Portfolio Managers and build relationships internally with Account Managers, Product Managers, Legal and Compliance counterparts, Operations teams, and other Portfolio Associate teams across the firm’s global offices. On a day-to-day basis, Portfolio Associates use their mathematical and fixed income training to actively monitor portfolios and markets to assist Portfolio Managers in measuring risk and managing client assets. Portfolio Associates are routinely encouraged to provide creative solutions and develop key tools and reporting methods to support the Portfolio Management team.Position Development Value:Extensive exposure to industry experts within Portfolio Management and across other functional areas of the firmA broad range of opportunities to collaborate with talented colleaguesLearning environment focused on key buy-side portfolio risk and return principlesConstructive feedback to foster career growth in addition to a formal annual review processLocation: Newport Beach, CA.RESPONSIBILITIESProvide support to Credit Portfolio Management team, ensuring investment objectives are reflected across portfolios in scopeMonitoring portfolio positions and products versus client guidelines in concert with Compliance teamCoordinating with Portfolio Management on sizing of trades and re-balancing of portfoliosUtilizing proprietary risk systems for monitoring of portfolio exposuresAssisting in account transitions and cash flow managementResponding to ad-hoc requests from the Portfolio Management teamMonitoring and facilitating efficient processing of credit trades across the firmREQUIREMENTS1-3 years of relevant work experience in financial services/asset management industryBachelor’s degree with strong academic background in a technical field from a leading, accreditedcollege or universityDeep understanding of fixed income including knowledge of most cash and derivative instrumentsExceptional communication skills are required to operate in a complex financial and mathematical environmentStrong process-oriented background and ability to demonstrate keen portfolio risk and operational awarenessOutstanding analytical skills with a proven ability to function efficiently and problem-solve in a high-pressure and time-critical environmentPIMCO 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: $ 90,000.00 - $ 105,000.00Equal 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.