Quant Research Analyst – Spec Fin / Securitization

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

Benefits offered by this job

Discretionary bonus

Total compensation approach

Job summary

A leading investment management firm in Newport Beach seeks a Senior Quant Analyst for its Alternatives Investment team. The ideal candidate will have over 5 years of front office quant experience and expertise in statistical modeling within consumer credit. Responsibilities include sourcing, evaluating consumer loan pools, and collaborating with cross-functional teams to enhance strategies. This role offers a competitive salary and an inclusive culture.

Qualifications

• 5+ years of front office quant experience at a top sell or buy side firm.
• Experience analyzing large datasets using R/SAS/Python.
• Collaborative, organized, flexible, and high energy.

Responsibilities

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

Skills

Statistical modeling expertise with consumer credit

Strong quantitative skills

Programming skills (Python, R)

Attention to detail

Ability to articulate issues

Education

Advanced degree in a quantitative discipline

Tools

Intex

SQL

SAS

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.**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: + 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 herself/himself to portfolio managers and developers* Ethical, collaborative, organized, flexible and high energyPIMCO 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: $ 205,000.00 - $ 305,000.00Equal 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.*