Quant Research Analyst – Spec Fin / Securitization

PIMCO; Newport Beach (CA); On-site; USD 205,000 - 305,000; Full time

Job summary

PIMCO is seeking a Senior Quant Analyst to join the Alternatives Investment team in Newport Beach. This role involves sourcing and evaluating consumer loan pools, leading financial analysis, and collaborating with teams to enhance investment strategies. The ideal candidate will hold an advanced degree in a quantitative discipline and possess at least 5+ years of experience in front office quant roles.

The successful applicant will demonstrate strong quantitative skills, attention to detail, and proficiency in programming languages such as Python and SQL. The position offers an attractive compensation range of $205,000.00 – $305,000.00 plus performance bonuses.

Qualifications

• Advanced degree in mathematics, science, engineering, statistics, or physics.
• 5+ years of front office quant experience at a top firm.
• Ability to deliver results and articulate issues effectively.

Responsibilities

• Assist in sourcing and evaluating consumer loan pools.
• Lead analysis, pricing, and valuation of securitized consumer loan pools.
• Collaborate with teams to enhance investment strategies.

Skills

Statistical modeling expertise

Strong quantitative skills

Programming skills

Attention to detail

Education

Advanced degree in a quantitative discipline

Tools

R

SAS

Python

SQL

Job description

Job Description

We are seeking a senior Quant Analyst to join our Alternatives Investment team in Newport Beach. Our Alternatives business has continued to expand fund offerings and remains a key driver of growth for the firm investing in consumer credit: mortgage/auto/loan/student and other esoteric asset classes spanning SME loans and accounts receivable finance across the US, APAC, and Europe. This role offers the platform to partner with an industry leading deal‑team in conducting empirical analysis to supplement the underwriting process in driving deals to conclusion.

Our ideal candidate will have a track record of partnering with the front office in deploying quantitative techniques to analyze specialty finance / securitization investment opportunities and be excited by the prospect of working on complex deals.

Responsibilities

• Assist in sourcing and evaluating consumer loan pools and other specialty finance assets across mortgage, auto, and student loan sectors.
• Lead analysis, pricing, and relative valuation of securitized consumer loan pools and related assets.
• Support ongoing portfolio management and performance monitoring of investments.
• Develop and maintain consumer credit outlooks and market insights.
• Engage with esoteric asset classes such as SME loans, trade finance, and accounts receivable finance.
• Collaborate with cross‑functional teams to enhance investment strategies and risk management.

Requirements

• Advanced degree in a quantitative discipline such as mathematics, science, engineering, statistics, or physics.
• Statistical modeling expertise with consumer credit: mortgage/auto/loan/student. Familiarity with Intex and bond cash flow modeling a plus.
• Strong quantitative skills, specifically financial mathematics, probability and statistics, with at least 5+ years of front office quant experience at a top sell or buy side firm.
• Strong programming skills and numerical problem solving techniques, proficiency with scripting languages (Python or Slang). Experience analyzing large datasets using R/SAS/Python and SQL.
• Strong attention to detail and ability to deliver results. Self‑starter who is accountable, low ego, and motivated by integrating with the trade floor.
• Able to articulate issues and explain to portfolio managers and developers.
• Ethical, collaborative, organized, flexible and high energy.

Compensation

Base salary: $205,000.00 – $305,000.00. Additional discretionary bonus based on performance.

Equal Employment Opportunity

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. The company also prohibits discrimination on other bases 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. Only messages left for this purpose will be considered.