Associate, Product Strategy

Recruiter
PIMCO
Location
Newport Beach, USA
Salary
Competitive
Posted
31 Jan 2023
Closes
11 Feb 2023
Ref
17996016
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives - regardless of shifting marketing conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions, and service to our clients.

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.

PIMCO is seeking an Analyst/Associate to join its Client Solutions group. This group leverages PIMCO's intellectual capital and resources to help our clients make better investment decisions. The group seeks to generate actionable investment insights for clients by combining a deep understanding of their objectives with an analysis of potential market opportunities and risks. This position will work closely with pension and insurance teams on liability-driven investment (LDI) solutions.

The Analyst/Associate will assist Strategists in the group in running analysis on client portfolios, developing investment recommendations, and producing customized presentation materials.

Responsibilities:
  • Support Strategists in analyzing client portfolios and building presentations to deliver custom LDI solutions and other investment solutions to pension and insurance clients.
  • Use proprietary software and external data sources to run risk analytics, optimizations, and stress tests
  • Help existing clients monitor and fine-tune their LDI strategies and benchmarks when required
  • Assist in the development of new LDI products, funds and pension risk management client strategies.
  • Participate in ad-hoc research projects related to the pension, insurance and investment markets.
  • Be an internal resource for client servicing and marketing groups for pension solutions-related questions and inquiries.
  • Maintain marketing materials such as presentation books and other general education materials.
  • Compile data and build monthly and quarterly attribution and commentary for the suite of LDI mutual funds.
  • Assist with RFPs.
Requirements:
  • Bachelor's degree in Finance, Economics, Accounting, Mathematics, Engineering, or other related disciplines
  • 1-3 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
  • Ability to work efficiently under tight deadlines
  • Intellectually curious with an enthusiasm for the financial markets
  • Advanced knowledge of Excel and PowerPoint; reasonable proficiency with Bloomberg and other index provider systems preferred
Desired Skills:
  • CFA designation (or active status in program)
  • Good fixed income and/or derivatives investment knowledge base
  • Experience working with pension and/or insurance liabilities (i.e. through investment consulting, actuarial or banking research background)
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: $ 104,500.00 - $ 122,500.00

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.
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