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.
Position Description PIMCO is seeking an Associate to join its Client Solutions group. This group leverages PIMCO's intellectual capital and resources to help our clients make better investment decisions. This position will work closely with the Defined Contribution (DC) Solutions team to oversee PIMCO's target date and retirement income offerings and assist in broader retirement initiatives, including business oversight of PIMCO's Collective Investment Trusts (CITs).
The Associate will assist Strategists in the group in client servicing, business management, and product development, including:
Responding to ad hoc inquiries related to PIMCO's DC Solutions and broader DC efforts, both externally (clients) and internally across groups
Managing research projects related to competitors and industry topics
Creating content relevant to key messaging for the strategies by type of client, as well as maintaining marketing and other general education materials
Contributing to new business development including RFP reviews, and creation of pitch-books and other strategy marketing materials
Performing detailed portfolio risk and performance attribution to combine with economic commentary for ongoing monthly/quarterly reporting to investors
Helping set and execute team priorities, leading projects, and mentoring junior colleagues
Assisting in the development of new products and custom solutions for clients
Bachelor's degree in Finance, Economics, Accounting, Mathematics, Engineering, or other related disciplines
2-3 years of professional related experience
Strong quantitative/analytical skills
Strong production and results orientation
Strong oral and written skills (i.e. the ability to communicate complex concepts clearly and succinctly)
Well organized with ability to handle multiple projects - high energy level/self-starter
Ability to work professionally in an individual and team environment with all levels of personnel
Strong project management skills and ability to work efficiently under tight deadlines
Intellectually curious with an enthusiasm for the financial markets and business planning
Advanced knowledge of Excel and PowerPoint; reasonable proficiency with Bloomberg and other index provider systems preferred
Solid financial markets (equities, fixed income, and alternatives) knowledge base
Experience and interest in the defined contribution industry a plus
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: $ 105,000.00 - $ 115,000.00
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.