Product Strategy Associate – Equity/Asset Allocation

Posted:
6/27/2024, 5:00:00 PM

Location(s):
Newport Beach, California, United States ⋅ California, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Business & Strategy

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.

PIMCO is seeking an Associate to join the Product Strategy Group responsible for equity and/or asset allocation strategies at PIMCO. The role will be part of a broader development program for associates to build skillsets relevant to succeeding in the next stage of their career. It will support the team across dimensions of global client service, business management, and product development, including for example:

  • Performing detailed portfolio risk and performance attribution to combine with economic commentary for ongoing monthly/quarterly reporting to investors
  • Responding to ad hoc inquiries related to equity and/or multi-asset strategies, both externally (clients) and internally across groups
  • Creating content relevant to key messaging for the strategies by type of client (e.g., retail vs institutional), well as maintaining marketing and other general education materials
  • Contributing to new business development including RFP reviews, and creation of pitch-books and other strategy marketing materials
  • Helping set and execute team priorities, leading projects, and mentoring junior colleagues
  • Assisting in the development of new products and custom solutions for institutional clients
  • Managing research projects related to competitors and industry topics

Target skillset:

  • Bachelor’s degree in Finance, Economics, Accounting, Mathematics, Engineering, or other related disciplines
  • 0-3 years of experience of relevant work experience, ideally in investment management,
  • General familiarity or interest in financial markets asset classes e.g. equities, rates, corporate credit, FX, MBS, emerging markets, and/or commodities
  • Strong analytical and critical thinking capabilities – exhibiting quantitative, organizational, and problem-solving skills.
  • Driven and a self-starter, with a demonstrated ability to deliver results in a dynamic environment.
  • Ability to organize, distill, and communicate complex topics effectively via both verbal and written communication
  • Ability to work effectively and professionally with all levels of personnel both internally and externally. The role will also require building strong internal relationships across the firm including with account management, legal, operations, and portfolio management teams, for example.
  • Advanced Excel skills (any VBA/programming experience viewed favorably)
  • CFA designation, or active status in program, encouraged

Successful candidates will also be expected to be exemplars of PIMCO’s CORE values of Collaboration, Openness, Responsibility, and Excellence as we look to fulfill our mission: deliver superior investment returns and client service. This job will be based in Newport Beach, CA.

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: $ 105,000.00 - $ 115,000.00

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.