Senior Middle Office Associate

Newport Beach, USA
Apr 23, 2023
May 20, 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
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.


The Middle Office primary responsibility is management and governance over a key control environment that supports the day to day trade life cycle of the PIMCO Portfolio Management team. Middle Office team members will collaborate across internal functional teams: Portfolio Management, Trade Support, Legal & Compliance, Operations, Technology and State Street IMS (back office). In addition, the Middle Office will regularly engage with external parties such as broker dealers, custodian banks and third party trading platforms.

Location: Newport Beach, CA

  • Harmonizing internal processes across Global Middle offices
  • Acting as liaison between the Middle Office and other internal groups in the launch of new processes and products; including gathering requirements, testing, and implementation of new and/or revised procedures
  • Researching and resolving daily inquiries from internal and external groups
  • Confirm block level trades with PIMCO counterparties
  • Managing trade-related deadlines
  • Monitoring sensitive trade settlements and act as escalation point to Statestreet IMS in Fails resolution
  • Utilizing technology to create efficiencies and improve processes to daily workflow
  • Developing and analyzing internal trade flow metrics and recommending process improvements
  • Achieving and maintaining operational excellence in adherence to internal policy and procedures
  • Confirm block level trades with PIMCO counterparties
  • Bachelor's degree from an accredited college/university and 1-3 years equivalent work experience in the investment management or securities industry; preferred Finance or Economics major
  • Technology skills, specifically Bloomberg, Microsoft Excel (programming), Python are a plus
  • Able to work independently and as part of a team; intuitive and a quick learner
  • Thoughtful and ethical; demonstrates good judgment and strong decision-making skills
  • Excellent organizational and prioritization skills and attention to detail
  • Strong interpersonal and leadership skills; ability to network with various departmental personnel
  • Excellent written and verbal communication skills
  • Have a bias-to-action, results-oriented approach to work; willingness to do whatever it takes to help the team
  • Experience with supporting repo/cash trading a plus
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: $ 95,500.00 - $ 116,000.00

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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