Portfolio Manager, Specialty Finance

PIMCO Europe Ltd.; New York (NY); On-site; USD 265,000 - 305,000; Full time

Job summary

PIMCO Europe Ltd. in New York, NY is seeking a Senior Vice President, Portfolio Manager to lead sourcing, underwriting, and management of private credit and asset-based finance investments across a range of specialty sectors.

The role requires coordinating with legal, tax, accounting, and risk teams to build resilient portfolios. The ideal candidate has extensive experience in specialty finance, strong financial modeling skills, and a track record of presenting to investment committees.

Qualifications

• 10+ years of experience in specialty finance or related fields.
• Demonstrated experience sourcing and executing complex credit investments.
• Advanced financial modeling and credit analysis skills.
• Strong investment judgment and decision-making.
• Excellent communication and presentation capabilities.
• Ability to operate in a collaborative, fast-paced environment.
• Deep understanding of structured finance and asset-based lending structures.
• Experience presenting investment recommendations to senior investment committees.

Responsibilities

• Source and originate specialty finance investments.
• Lead detailed underwriting and due diligence.
• Construct and monitor diversified portfolios across funds and vehicles.
• Negotiate transaction documents, financing terms and closing.
• Mentor and develop junior investment professionals.
• Support fundraising and investor communications.

Skills

Advanced financial modeling

Credit analysis

Sourcing & origination

Leadership & mentorship

Communication & presentation

Job description

## Portfolio Manager, Specialty FinanceApplylocations: New York, NY USAtime type: Full timeposted on: Posted Todaytime left to apply: End Date: January 4, 2027 (30+ days left to apply)job requisition id: R106504PIMCO 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**We are seeking a highly motivated and entrepreneurial Senior Vice President (SVP), Portfolio Manager to join our Specialty Finance team. The successful candidate will play a leading role in sourcing, underwriting, executing, and managing private credit and asset-based finance investments across a broad range of specialty finance sectors, including consumer finance, commercial finance, equipment leasing, aviation, insurance-related assets, data infrastructure, portfolio acquisitions, and other esoteric asset classes.The SVP will work closely with senior investment professionals, sector specialists, financing teams, asset management teams, analytics professionals, legal counsel, and investment committees to identify attractive investment opportunities while helping construct and manage diversified portfolios that achieve superior risk-adjusted returns.**Key Responsibilities**Investment Sourcing & Origination* Source and originate specialty finance investment opportunities through direct relationships with originators, financial institutions, sponsors, servicers, banks, and industry participants.* Develop and maintain a robust network of industry contacts to generate proprietary and differentiated deal flow.* Identify emerging market themes, relative value opportunities, and attractive sectors within asset-based finance.Underwriting & Due Diligence* Lead detailed underwriting of investment opportunities across multiple specialty finance asset classes.* Perform fundamental credit analysis, collateral analysis, cash flow modeling, scenario analysis, and structuring evaluations.* Evaluate transaction economics, downside protection, legal structures, and servicing frameworks.* Coordinate diligence efforts across legal, tax, accounting, financing, risk, and operational teams.Portfolio Construction & Risk Management* Assist in portfolio construction across funds, SMAs, and commingled vehicles.* Evaluate investments within the context of broader portfolio objectives, risk limits, concentration constraints, and liquidity considerations.* Monitor macroeconomic developments and assess implications for portfolio positioning.* Identify and manage portfolio risks proactively.Transaction Execution* Negotiate transaction documentation, financing arrangements, and commercial terms.* Manage investment closing processes in coordination with internal and external stakeholders.* Present investment recommendations to internal investment committees and senior leadership.Asset Management & Portfolio Monitoring* Partner with the dedicated asset management team on ongoing management of portfolio investments.* Monitor collateral performance, servicing activity, covenant compliance, and operating metrics.* Work closely with servicers, operators, and counterparties to maximize value and identify potential risks.* Develop strategic recommendations to enhance portfolio performance and mitigate losses.Team Leadership & Mentorship* Mentor and develop junior investment professionals, analysts, and associates.* Lead sector-specific initiatives and contribute to expanding the platform’s expertise in targeted verticals.* Foster collaboration across investment, financing, analytics, asset management, and operations teams.Client & Business Development Support* Support fundraising, investor due diligence, and client relationship efforts.* Participate in preparation of marketing materials, portfolio reviews, and investor presentations.* Represent the platform with investors, advisors, and market participants as appropriate.**Requirements*** 10+ years of experience in specialty finance, structured credit, private credit, asset-based lending, ABS, consumer finance, corporate credit, investment banking, or related fields.* Demonstrated experience sourcing and executing complex credit investments.* Strong track record of underwriting and managing specialty finance assets.* Experience presenting investment recommendations to senior investment committees.* Advanced financial modeling and credit analysis skills.* Deep understanding of structured finance, securitization, and asset-based lending structures.* Strong knowledge of portfolio construction and risk management.* Ability to evaluate complex collateral pools and servicing platforms.* Commercially minded and entrepreneurial.* Strong investment judgment and decision-making skills.* Excellent communication and presentation capabilities.* Ability to operate effectively in a collaborative, fast-paced environment.* High degree of integrity, accountability, and intellectual curiosity.**Preferred Sector Expertise*** Consumer lending* Equipment finance* Aviation finance* Insurance and reinsurance assets* Commercial finance* SME lending* Solar and renewable finance* Digital infrastructure lending* Portfolio acquisitions and structured solutions* Music royalties and IP-backed lendingPIMCO 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: $ 265,000.00 - $ 305,000.00