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.

Role Summary

We are seeking a hardworking and motivated Compensation Vice President to join our Total Rewards team to lead and enhance our comprehensive compensation framework.

This pivotal role involves overseeing a broad spectrum of compensation elements including base salary, variable compensation, deferred compensation, commissions, and carried interest. The successful candidate will be instrumental in the strategic planning, design, implementation, and governance of these compensation programs, targeting our most senior executives. This role demands a proactive approach, working collaboratively with key stakeholders across business leadership, Human Resources, Finance, and Legal departments to ensure compliance and effective execution of compensation strategies.

Location

New York, NY or Newport Beach, CA. 

About You

If the following describes you, let's talk!

• A "big picture" thinker—grasping how projects support business objectives and how you play a meaningful role
• Exceptional organizational and project management skills, including the ability to meet deadlines while managing multiple priorities simultaneously
• Exceptional analytical skills and the ability to engage effectively with executive-level stakeholders
• Innovative thinker with a proactive approach to problem-solving and process improvement
• Resourceful problem-solver who enjoys creatively solutioning 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 thrive in a fast-paced environment, can seamlessly adapt to shifting priorities, and enjoy working with ambiguous or unstructured processes
• A standout teammate who builds positive relationships and collaborates across a globally diverse organization, including external vendors, helping others perform at their best and achieve their fullest
• Track record of being an outstanding people manager that has built credibility and trust through consistent behavior, ethical standards, confidentiality, respect for others, integrity, and judgment
• Intellectually curious; dedicated to professional development and staying on top of emerging trends
• High emotional intelligence, flexible, and resilient
• You encourage 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:

• Act as the primary authority on all compensation-related matters, leveraging deep expertise to drive process enhancements and introduce innovative solutions.
• Collaborate closely with Talent Acquisition, HR Business Partners, and senior management to develop compelling compensation packages for new hires and existing employees, ensuring clear communication and alignment with organizational goals.
• Maintain a keen awareness of emerging trends and regulatory changes in compensation, recommending timely adjustments to maintain competitive and compliant programs.
• Spearhead the communication strategy for compensation initiatives, enhancing participant understanding and appreciation of the value provided by PIMCO’s Total Reward offerings.
• Innovate in the management and analysis of compensation data, utilizing advanced tools such as Excel, Workday (Adaptive Planning), and external vendor platforms to produce insightful analytics and streamlined reporting.
• Manage vendor partnerships effectively, pushing boundaries to maximize service delivery and achieve excellence in operational functions.
• Formulate data-driven strategies to enhance the efficacy and reach of various compensation programs, ensuring alignment with organizational objectives.

Qualifications

• BA/BS degree in Business Administration, Finance, Human Resources, or a related field.
• A minimum of 7 years of experience in compensation design and delivery, preferably within the financial services sector.
• Demonstrated proficiency in Excel; familiarity with Workday and other compensation management systems is highly desirable.
• Proven track record in managing complex compensation structures and vendor relationships.
• Experience with Workday and/or Beqom preferred.

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: $ 175,000.00 - $ 240,000.00

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.