Portfolio Associate positions offered by Pacific Investment Management Company LLC (PIMCO) (Newport Beach, CA). Support the Credit Portfolio Management Team that oversees investment grade credit, high yield, and bank loans strategies for institutional and retail clients. Prepare trade studies to reposition accounts based on the requests of the Portfolio Management Team. Recommend trades to the Portfolio Management Team based on account positioning, credit analyst recommendations, firm-wide risk targets, and account guidelines. Coordinate execution of approved trades with the appropriate trading desks around the globe. Ensure that all proposed trades are consistent with client guidelines in concert with the Compliance Team. Manage cash flows, benchmark changes, and other account transition events in coordination with the Portfolio Management Team, and facilitate the trading operations of the Credit Desk in support of portfolio managers across the firm. Coordinate with Middle Office, Settlements, Compliance, Risk Management, and Account Management to ensure client objectives are met, accounts are appropriately positioned, and all credit trades are ticketed and processed.
Requires a Bachelor’s degree (or foreign equivalent) in Finance, Business Administration, Computer Science or a related field and 2 years of experience in the finance industry.
Must have 2 years of experience in each of the following: fixed-income securities; global and US fixed income markets; cash and derivative securities in the credit and interest rate sector; resolving Portfolio Compliance Issues; Handling Transitions, Flows, and Portfolio Restructuring requests; and, risk management. Experience may be gained concurrently.
We are offering a salary range of $117,500 to $137,500 per year.
If interested, please submit resume to Lupe.Rubalcaba@PIMCO.com. Reference Job ID: 8226054.
