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 Middle Office primary responsibility is management and governance over a key control environment that supports the day to day trade life cycle of the PIMCO Portfolio Management team. Middle Office team members will collaborate across internal functional teams: Portfolio Management, Trade Support, Legal & Compliance, Operations, Technology and State Street IMS (back office). In addition, the Middle Office will regularly engage with external parties such as broker dealers, custodian banks and third party trading platforms.
RESPONSIBILITIES
Harmonizing internal processes across Global Middle offices
Acting as liaison between the Middle Office and other internal groups in the launch of new processes and products; including gathering requirements, testing, and implementation of new and/or revised procedures
Researching and resolving daily inquiries from internal and external groups
Confirm block level trades with PIMCO counterparties
Managing trade-related deadlines
Monitoring sensitive trade settlements and act as escalation point to Statestreet IMS in Fails resolution
Utilizing technology to create efficiencies and improve processes to daily workflow
Developing and analyzing internal trade flow metrics and recommending process improvements
Achieving and maintaining operational excellence in adherence to internal policy and procedures
Confirm block level trades with PIMCO counterparties
REQUIREMENTS
Bachelor's degree from an accredited college/university and 1-3 years equivalent work experience in the investment management or securities industry; preferred Finance or Economics major
Technology skills, specifically Bloomberg, Microsoft Excel (programming), Python are a plus
Able to work independently and as part of a team; intuitive and a quick learner
Thoughtful and ethical; demonstrates good judgment and strong decision-making skills
Excellent organizational and prioritization skills and attention to detail
Strong interpersonal and leadership skills; ability to network with various departmental personnel
Excellent written and verbal communication skills
Have a bias-to-action, results-oriented approach to work; willingness to do whatever it takes to help the team
Experience with supporting repo/cash trading 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: $ 87,000.00 - $ 93,000.00
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.