Portfolio Associate - Credit

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

Credit Portfolio Associate team members directly support Portfolio Managers and build relationships internally with Account Managers, Product Managers, Legal and Compliance counterparts, Operations teams, and other Portfolio Associate teams across the firm’s global offices. On a day-to-day basis, Credit Portfolio Associates use their mathematical and fixed income training to actively monitor portfolios and markets to assist Portfolio Managers in measuring risk and managing client assets. Credit Portfolio Associates are routinely encouraged to provide creative solutions and develop key tools and reporting methods to support the Portfolio Management team.
 

Location: Newport Beach, CA
 

RESPONSIBILITIES

Ensuring investment objectives are reflected across portfolios in scope

Monitoring portfolio positions and products versus client guidelines in concert with Compliance team

Coordinating with Portfolio Management on re-balancing of portfolios

Utilizing proprietary risk systems for monitoring of portfolio exposures

Assisting in account transitions and cash flow management

Supporting Credit Desk including four Managing Director PMs

Trade Flow order management

Hi volume trading desk at the firm

Multiple strategies across credit for the firm

Responding to ad hoc requests from the Portfolio Management team

REQUIREMENTS

Bachelor's degree from an accredited college/university with an emphasis in Economics, Business, Engineering or Mathematics or a related field

1-3 years equivalent work experience in the investment management or securities industry

Deep understanding of fixed income including knowledge of most cash and derivative instruments

Strong process-oriented background and organizational skills

Exceptional communication skills are required to operate in a complex financial and mathematical environment

Excel power user critical

Outstanding analytical skills with a proven ability to function efficiently and problem-solve in a fast-paced and time-critical environment

POSITION DEVELOPMENT VALUES

Extensive exposure to industry experts within Portfolio Management and across other functional areas of the firm

A broad range of opportunities to collaborate with talented colleagues

Learning environment focused on key buy-side portfolio risk and return principles

Constructive feedback to foster career growth in addition to a formal annual review process