Quantitative Research Analyst - AI Solutions

PIMCO Ltd. - Pacific Investment Management Company; New York (NY); On-site; USD 175,000 - 240,000; Full time

Job summary

An established industry player is seeking a talented Quantitative Research Analyst to join their innovative AI solutions team. This role involves designing and enhancing AI applications, collaborating with technology teams to ensure scalability, and mentoring junior quants. The ideal candidate will possess a strong quantitative background, exceptional programming skills in Python, and a passion for data science and financial markets. Join a dynamic environment where your contributions will drive impactful solutions and help shape the future of asset management.

Qualifications

• Master's degree in AI, data science, or similar required.
• Excellent programming skills in Python and data handling.

Responsibilities

• Design and improve AI and quantitative applications.
• Mentor junior team members in quantitative analysis.

Skills

Python

Data Science

Machine Learning

Financial Theory

Communication Skills

Education

Master's in Quantitative Fields

Bachelor's in Finance or Computer Science

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

AI solutions is a team of Quantitative Research Analysts that focus primarily on client portfolio and asset management issues from an AI and quantitative perspective. The team's mandate is broad in nature and covers a wide array of topics of AI based solutions for use in a variety of internal and client facing applications. The group collaborates with multiple parts of the firm, including Product Strategy, Account Management, Legal and Compliance, Human Resources, Procurement.

Our Analysts take the lead ownership role for maintaining and growing the team's IP. We achieve this by operating on three drivers: first, they develop all the quantitative models that power the team's systems and applications. Second, they work directly with the internal stakeholders or the clients to test and optimize the solutions developed and thirdly, they work with our technology teams to deploy these solutions once ready.

Location: Newport Beach, London or New York

RESPONSIBILITIES

• Designing, developing, and improving the suite of AI and other quantitative applications

• Collaborating with core Technology at PIMCO to ensure the applications are scalable, cloud-enabled, and deliverable with within PIMCO's digital ecosystem internally and externally.

• Mentorship of junior quants, AI engineers and technologists in the team

REQUIREMENTS

• Quantitative Master's degree (artificial intelligence, data science, financial engineering, computer science, or other technically demanding program such as theoretical physics or math)

• Bachelor's degree focus in Finance, Economics, Computer Science or other technical degree is preferred

• Excellent programming skills in Python

• Comfortable working with large data sets, both structured and unstructured

• Formal training and strong interest in some of the following areas: artificial intelligence, data science, machine learning, finance theory

• Effective communication skills, both oral and written

• Good exposure to and knowledge of financial markets

• Ethical, intellectually curious, collaborative, organized, flexible, high energy, self-starter, accountable, humble

PIMCO 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: $ 175,000.00 - $ 240,000.00

Equal 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.