Portfolio Analyst/Associate - SMA/Municipals

PIMCO Europe Ltd.; San Diego (CA); On-site; USD 87,000 - 93,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) retirement savings

Flexible work arrangements

Job summary

A global financial services firm in San Diego is seeking a Portfolio Associate. This role requires a Bachelor’s degree in a technical field and 2-3 years of experience in financial services, with a focus on Tax-Exempt Municipal Bonds. The successful candidate will ensure investment objectives, monitor portfolios, and work closely with various teams. Competitive salary range is $87,000 - $93,000.

Qualifications

• 2-3 years of experience in financial services/asset management.
• Ability to demonstrate keen portfolio risk and operational awareness.
• Outstanding multi-tasking skills under pressure.

Responsibilities

• Ensure investment objectives are reflected across portfolios.
• Monitor positions versus client guidelines.
• Coordinate with Portfolio Management on re-balancing.

Skills

Understanding of fixed income

Exceptional communication skills

Excel power user

Analytical skills

Education

Bachelor's degree in a technical field

Tools

Python

Job description

Portfolio Associate – SMA/Municipals page is loaded## Portfolio Associate – SMA/Municipalslocations: San Diego, CA USAtime type: Full timeposted on: Posted 17 Days Agojob requisition id: R105773PIMCO 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****Portfolio Associate Team Overview**Portfolio Associate team members help to oversee the portfolios on a day to day basis and liaise directly with Portfolio Managers and build relationships internally with Account Managers, Product Managers, Legal and Compliance counterparts, Operations teams, and other Portfolio Trade Associate teams across the firm’s global offices. On a day-to-day basis, Portfolio Associates’ primary functions will consist of monitoring risk exposures across portfolios, sizing trades to take risk measures to portfolio managers’ desired target, and managing all other operational aspects of the portfolio. 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 firm* A broad range of opportunities to collaborate with talented colleagues* Learning environment focused on key buy-side portfolio risk and return principles* Constructive feedback to foster career growth in addition to a formal annual review process**Location:**San Diego, CA**RESPONSIBILITIES*** Ensuring investment objectives are reflected across portfolios in scope* Monitoring portfolio positions and products versus client guidelines in concert with Compliance team* Coordinating with Portfolio Management on re-balancing of portfolios* Utilizing proprietary risk systems for monitoring portfolio exposures* Assisting in account transitions and cash flow management* Conducting performance and attribution analyses* Responding to ad-hoc requests from the Portfolio Management team**REQUIREMENTS*** Bachelor’s degree with strong academic background in a technical field from a leading, accredited college or university* 2-3 years of relevant work experience in financial services/asset management industry* Deep understanding of fixed income especially Tax-Exempt Municipal and Government Bonds* Exceptional communication skills are required to operate in a complex financial environment* Excel “power user”* Python programming skills are preferred* Strong process-oriented background and ability to demonstrate keen portfolio risk and operational awareness* Outstanding analytical and multi-tasking skills with a proven ability to function efficiently and problem-solve in a high-pressure and time-critical environment**ADDITIONAL POSITION REQUIREMENTS*** Primary focus will be on Tax-Exempt Municipal and Government bond Separately Managed Accounts (SMA)* Understanding of Municipal bond market and retail ladder strategies a plus**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 officePIMCO 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: $ 87,000.00 - $ 93,000.00Equal 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.*