Portfolio Associate - Quant

Newport Beach, USA
11 Sep 2021
15 Sep 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About Us:

We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $1.92 trillion in assets for clients around the world. PIMCO has over 2,800 employees in 17 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.

Position Description:

Portfolio Associate Team Overview
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, Portfolio Associates actively monitor portfolios to assist Portfolio Managers in rebalancing risks and providing operational support where necessary. Portfolio Associates are routinely encouraged to provide creative solutions and develop key tools and reporting methods to support the Portfolio Management team.

Position Development Value:

  • Extensive exposure to industry authorities 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

Location: Newport Beach, CA.

Position Requirements:

  • Candidate will focus mainly on operational implementation of systematic quant strategies
  • Utilizing proprietary risk systems for monitoring of portfolio exposures
  • Understand the systematic trade lifecycle, escalate and resolve operational issues
  • Collaboration with Traders, Portfolio Managers and Technology across regions
  • Perform day-to-day monitoring of an automated trading system
  • Triage problems (e.g. trading outages, market data issues, etc.), and manage the control mechanisms of the trading system
  • Coordination of daily responsibilities handover across time zones
  • Responding to ad hoc requests from the Portfolio Management team


  • Good understanding of quantitative investment models and prior quant/systematic trading support experience are preferred
  • Intermediate level understanding of execution algos and Trade Cost Analysis (TCA)
  • Market Data services and implementation
  • Fixed Income transactional knowledge across exchange traded derivatives and currencies
  • Strong academic background in a technical field from a leading, accredited college or university
  • Good understanding of fixed income and equities including knowledge of most cash and derivative instruments
  • Good understanding of interest rates, foreign exchange, credit and equity derivatives; proven knowledge of Option Greeks; familiarity with rolls and expiry processes
  • Outstanding communication skills are required to operate in a complex financial environment
  • Excel "power user" - SQL, VBA and programming skills in multiple languages are preferred
  • Strong process-oriented background and ability to demonstrate keen portfolio risk and operational awareness
  • Outstanding analytical skills with a proven ability to function efficiently and problem-solve in a fast paced and time-critical environment
  • Ideal candidate will have Master's degree in a technical field plus 2-3yrs of work experience


PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:
  • Medical, dental, and vision coverage
  • Life insurance and travel coverage
  • 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
  • Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
  • Community involvement opportunities with The PIMCO Foundation in each PIMCO office
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