Posted:
12/23/2024, 11:41:04 AM
Location(s):
California, United States ⋅ Newport Beach, California, United States
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Operations & Logistics
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.
Position Overview:
We are seeking an experienced Global Head of Trade Management to lead our trade processing, confirmation, and settlement team within the Trade Floor Operations teams at PIMCO. The ideal candidate is a highly experienced leader who can drive efficiency, enhance operational processes, and leverage technology to optimize the Middle Office globally across asset classes.
Key Responsibilities:
Oversee and manage the end-to-end trade management process within the Trade Floor Operations teams, ensuring accuracy and efficiency in trade processing, confirmation, and settlement oversight.
Daily interactions/management of our back-office service provider who manages our investment book of record (IBOR), asset maintenance, SWIFT and settlement processes.
Lead and develop a global team of trade management professionals, fostering a culture of excellence and collaboration across multiple time zones.
Partner with technology teams to design, develop, and implement automated solutions that enhance operational efficiency and reduce manual intervention.
Identify and evaluate opportunities to incorporate third party solutions and emerging technologies, including blockchain, into trade management processes to drive innovation and improve service delivery.
Collaborate with internal stakeholders, including portfolio managers, risk management, and compliance teams, to ensure alignment of trade management practices with overall business objectives.
Monitor industry trends and regulatory changes to ensure compliance and best practices in trade management operations.
Develop and implement key performance indicators (KPIs) & key risk indicators (KRIs) to measure the effectiveness of trade management processes, drive continuous improvement initiatives, and isolate and address potential high-risk scenarios.
Qualifications:
Minimum of 10 to 15 years of relevant experience in trade management, with a strong background in managing trade processing, confirmation, and settlements across multiple asset classes and currencies, including fixed income, equities, commodities, and derivatives.
Proven experience in leading and managing a global team across multiple regions, with a focus on building high-performing teams as well as experience managing a large third- party vendor.
Demonstrated experience in partnering with technology teams to develop and implement automated solutions that enhance operational efficiency.
Strong understanding of emerging technologies and third-party software solutions, and the ability to identify opportunities for their application in trade management.
Experience working in a fast-paced global institutional asset management firm, with a deep understanding of the complexities and challenges of the industry.
Excellent communication, leadership, and interpersonal skills, with the ability to influence and engage stakeholders at all levels.
Strong analytical and problem-solving skills, with a focus on data-driven decision-making.
Bachelor's degree in Finance, Economics, or a related field. Advanced degree or professional certifications (e.g., CFA, FRM) preferred.
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.
Website: http://www.pimco.com/
Headquarter Location: Newport Beach, California, United States
Employee Count: 1001-5000
Year Founded: 1971
IPO Status: Private
Industries: Banking ⋅ Crowdfunding ⋅ Financial Services ⋅ Venture Capital