Counterparty Management & Administration Sr. Associate

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.

We are seeking a Counterparty Management & Administration Sr. Associate to join our counterparty relationship and trading documentation team. This team is responsible for facilitating onboarding, trading documentation, KYC, regulatory reporting and other operational pipeline matters relating to trade setup management.

Location

New York, NY or Newport Beach, CA.

About You

If the following describes you, let's talk!

• Exceptional organizational and project management skills, including the ability to multi-task and lead many ongoing initiatives
• Resourceful problem-solver with a critical mindset and the ability to creatively solution for complex issues
• Self-motivated with a consistent record of delivering on assigned responsibilities through pursuing excellence, outstanding attention to detail, and using interpersonal and communication skills
• You t hrive in a fast-paced environment , can seamlessly adapt to shifting priorities, and enjoy working with ambiguity
• A standout teammate who builds positive relationships and collaborates across multiple levels of a globally diverse organization, including external vendors, helping others perform at their best and achieve their fullest potential
• Builds credibility and trust through high ethical standards, confidentiality, respect for others, integrity, and judgment
• Intellectual curiosity, a dedication to professional development, and an interest in staying on top of emerging trends
• High emotional intelligence, flexible, and resilient
• Enjoys navigating unstructured processes and simultaneously handling responsibilities with multiple, exciting demands
• Encourages a positive work environment and culture for all employees
• You share PIMCO's values of Collaboration, Openness, Responsibility, and Excellence, which allow us to bring the best to our clients and each other

Responsibilities

The key responsibilities include, but are not limited to:

• Shepherd and help execute end-to-end trading counterparty onboarding process, including:
• Gathering due diligence information
• Coordinating and responding to counterparty questions
• Issuing escalation and resolution management
• Updating accounts with counterparties on legal agreements and contracts, including ISDA Master Agreements, MSFTAs, GMRA/MRA, and other trading agreements and counterparty documents
• Maintain counterparty metadata in a proprietary database and other third-party systems
• Collaborate with counterparties and internal colleagues, including Legal, Account Management, Portfolio Management, Operations, Transitions, and Collateral, to address Counterparty-related issues and account onboarding tasks
• Support ongoing reporting and account maintenance as required with counterparties (e.g., AUM, KYC/CDD refresh, tax forms, etc.)
• Share ideas regarding operational improvement/automation opportunities
• Ad-hoc projects, as assigned

Qualifications

• Minimum of a Bachelor's Degree
• Minimum two years of professional experience at an asset manager, investment bank or investment advisor with one or more of the following:
• Counterparty documentation
• US Patriot's Act and various Know-Your-Customer/Anti-Money Laundering/Customer Due Diligence requirements (Dodd-Frank, EMIR reporting requirements, etc.)
• Third-party onboarding, KYC or documentation platforms or applications
• Basic knowledge of derivatives or forward/financing transactions, various master agreements (including ISDA Master Agreement and Credit Support Annex, Master Repurchase Agreement/Global Master Repurchase Agreement, Master Securities Forward Transaction Agreement, Prime Brokerage Documentation)
• Experience with MS Excel, Smart sheets or other similar database systems is desired

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: $ 93,500.00 - $ 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.