Specialist, Client Operations & Servicing (Internal Servicing Team)

LGBT Great; Newport Beach (CA); On-site; USD 146,000 - 168,000; Full time

Job summary

PIMCO, a global leader in fixed income, seeks an Internal Servicing professional to manage client servicing and relationship management for institutional clients in the CM Americas space. You will work with clients, custodians and internal teams to support portfolio events and regulatory changes.

The role requires a bachelor’s degree and 5+ years in financial services, with strong knowledge of fixed income and portfolio strategies. Located in Newport Beach, CA, on-site.

Qualifications

• Bachelor’s degree required.
• 5+ years of professional experience in financial services, preferably fixed income.
• Knowledge of fixed income securities and portfolio management strategies.
• Strong communication, organization and project management skills.

Responsibilities

• Oversee and manage all operational aspects of client servicing and relationship management.
• Work directly with clients, custodians and transition managers to address inquiries and facilitate portfolio events.
• Support compliance monitoring, client cash flow requests, and benchmark changes.
• Coordinate with Transitions team for new account onboardings and changes.
• Address accounting, overdraft, pricing and settlement issues with external providers.
• Lead client outreach projects related to regulatory changes and firm initiatives.

Skills

Fixed income knowledge

Portfolio management

Attention to detail

Collaboration

Education

Bachelor's degree

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.

The Internal Servicing Team (IST) plays a vital role in delivering exceptional service to PIMCO’s institutional clients. Collaborating closely with the Account Management team within Client Management (CM) Americas, we focus on providing top-tier operational support, relationship management and portfolio event oversight. In this client-facing role, our team works cross-functionally with Client Management, Product Management, Portfolio Management, Legal, Compliance, Transitions, and other Operations teams to identify client needs, develop effective solutions, and execute them efficiently.

Responsibilities

The key responsibilities include, but are not limited to:

• Oversee and manage all operational aspects of client servicing and relationship management, which includes,
• Working directly with clients, custodians and transition managers to address inquiries or facilitate portfolio events.
• Supporting compliance monitoring, client cash flow requests, benchmark and guideline changes, in-kind asset transfers and collaborating closely with the Transitions team for new account onboardings, terminations, and bank changes.
• Addressing accounting, overdraft, pricing and settlement issues by collaborating with external service providers to resolve issues and breaks.
• Maintaining responsibility for recurring client tasks on monthly, quarterly, or annual basis.
• Lead and coordinate client outreach projects related to industry-wide regulatory changes and other firm-wide initiatives, centralizing outreach efforts and managing associated client inquiries on behalf of Client Management.
• Identify opportunities to enhance operational processes and mitigate potential risks.
• Collaborate cross-functionally to develop and implement innovative client solutions, while enhancing existing processes to elevate the client experience, and achieve operational excellence.
• Provide ongoing operational support across CM Americas accounts by centralizing and coordinating tax form requests, LEI renewals, country market openings and other ad hoc requests.

Qualifications

• Minimum of a bachelor’s degree required.
• Minimum of 5 years of professional experience within the financial services industry, preferably focused on fixed income.
• Knowledge of fixed income securities and portfolio management strategies.
• Highly motivated self-starter with the ability to work both collaboratively and independently.
• Excellent time-management, organization and communication skills.
• A standout teammate who demonstrates a collaborative spirit, actively contributes to team goals, and fosters a positive work environment. You should have a track record of building strong relationships with colleagues, share knowledge, and support others in achieving shared objectives.
• Strong project management skills.
• Ability to multitask and thrive in a demanding, fast-paced environment while managing multiple competing priorities and projects with high-quality output.
• Ability to clearly articulate analysis, both in writing and verbally.
• Clear commitment to PIMCO's culture, values and approach.

Professional Skills Requirements

• Exceptional Organizational Skills and Resourcefulness: You excel in managing multiple projects with your outstanding organizational and project management abilities. Your critical thinking skills enable you to solve complex problems creatively and resourcefully. Self-motivated, you are committed to excellence, demonstrating attention to detail, and possess strong interpersonal and communication skills.
• Adaptability and Collaboration: You thrive in dynamic, fast-paced environments, adept at navigating shifting priorities and ambiguity. Collaboration is key to your approach, as you build positive relationships and work effectively across diverse teams. Your emotional intelligence, adaptability, and resilience equip you to manage unstructured processes and demanding responsibilities successfully.
• Integrity and Continuous Learning: Your actions reflect high ethical standards, integrity, and sound judgment, earning you credibility and trust. An intellectually curious individual, you are dedicated to professional development and staying abreast of industry trends. You contribute positively to the work environment and organizational culture, aligning with PIMCO's core values of Collaboration, Openness, Responsibility, and Excellence.

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: $ 145,500.00 - $ 168,000.00

Equal Employment Opportunity and Affinitive 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.

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