Transitions Senior Associate (12 month FTC)

Munich, Germany
Aug 01, 2019
Aug 30, 2019
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 $1.84 trillion in assets for clients around the world. PIMCO has over 2,700 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:

The Transitions Associate will join the Client Management operations team in Munich to work with our existing European transitions and operations professionals. The successful candidate will work with the team to support both transition events and operational tasks for the German and Austrian business channel. In particular:
  • Delivery of successful transition events including setting up new accounts, restructure or closure of existing accounts and supporting in-kind transfers in/out of accounts.
  • Work with clients, portfolio managers, legal, compliance, fund administration, analytics, performance, account management and back office transition teams on each event.
  • Assist in managing ad hoc/daily KVG queries
  • Coordinate a variety of operational events with back office and related stakeholders. Typical events include market openings, regulatory requests, collateral and brokers' inquiries, and provision of tax forms.

Position Requirements:

  • University degree (or equivalent) with an emphasis in Finance and Economics
  • Fluency in English and German required.

  • Well organized, self-starter able to work in a team environment

  • Ability to multi-task and manage multiple events with tight deadlines at the same time

  • Awareness of Fixed Income fundamentals and understanding of derivative instruments.
  • Willingness to learn and the ability to adapt in a fast paced environment
  • Relationship building skills
Please be advised that this role is offered on a 12 month fixed term contract basis


PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and wellbeing 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