Portfolio Associate - Quant

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Job description

General Information Ref #: 29624 Functional Area: Trade Support Employee Type: Full Time Location: Newport Beach Experienced Required: 2 years Education Required: Bachelors Degree Relocation Provided: Yes Date published: 30-Mar-2021 About Us: We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $2.2 trillion in assets for clients around the world. PIMCO has over 3,070 employees in 22 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities. Position Description: Portfolio Associate Team OverviewPortfolio Associate team members directly support Portfolio Managers and build relationships internally with Account Managers, Product Managers, Legal and Compliance counterparts, Operations teams, and other Portfolio Associate teams across the firm's global offices. On a day-to-day basis, Portfolio Associates actively monitor portfolios to assist Portfolio Managers in rebalancing risks and providing operational support where necessary. Portfolio Associates are routinely encouraged to provide creative solutions and develop key tools and reporting methods to support the Portfolio Management team.Position Development Value:Extensive exposure to industry authorities within Portfolio Management and across other functional areas of the firmA broad range of opportunities to collaborate with talented colleaguesLearning environment focused on key buy-side portfolio risk and return principlesConstructive feedback to foster career growth in addition to a formal annual review processLocation:Newport Beach, CA. Position Requirements: Candidate will focus mainly on operational implementation of systematic quant strategiesUtilizing proprietary risk systems for monitoring of portfolio exposuresUnderstand the systematic trade lifecycle, escalate and resolve operational issuesCollaboration with Traders, Portfolio Managers and Technology across regionsPerform day-to-day monitoring of an automated trading systemTriage problems (e.g. trading outages, market data issues, etc.), and manage the control mechanisms of the trading systemCoordination of daily responsibilities handover across time zonesResponding to ad hoc requests from the Portfolio Management teamREQUIREMENTSGood understanding of quantitative investment models and prior quant/systematic trading support experience are preferredIntermediate level understanding of execution algos and Trade Cost Analysis (TCA)Market Data services and implementationFixed Income transactional knowledge across exchange traded derivatives and currenciesStrong academic background in a technical field from a leading, accredited college or universityGood understanding of fixed income and equities including knowledge of most cash and derivative instrumentsGood understanding of interest rates, foreign exchange, credit and equity derivatives; proven knowledge of Option Greeks; familiarity with rolls and expiry processesOutstanding communication skills are required to operate in a complex financial environment Excel power user - SQL, VBA and programming skills in multiple languages are preferredStrong process-oriented background and ability to demonstrate keen portfolio risk and operational awarenessOutstanding analytical skills with a proven ability to function efficiently and problem-solve in a fast paced and time-critical environmentIdeal candidate will have Master's degree in a technical field plus 2-3yrs of work experience Benefits: PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:Medical, dental, and vision coverageLife insurance and travel coverage401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employmentWork/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programsCommunity involvement opportunities with The PIMCO Foundation in each PIMCO office < Back to search results