Interest Rate Volatility Trader

Newport Beach, USA
Jun 07, 2022
Jul 07, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
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:

PIMCO is currently seeking a Portfolio Manager focused on volatility and relative value trading strategies.


  • Help primary PMs execute options across asset classes, with a heavy focus on interest rate options
  • Handle expires of options
  • Understand how relative value trades are constructed and how to construct a portfolio of such trades
  • Assist with booking of options trades
  • Learn how to risk manage portfolios that primarily consist of options and assist in hedging

Position Requirements:

  • Minimum one year of relevant, transferable experience working on a trade floor
  • Knowledge of fixed income products, with a focus on interest rate options
  • Bachelor's degree required; strong academic credentials
  • Understanding of macroeconomics and the drivers of economic trends
  • Ability to work across the organization in a collaborative manner
  • Strong oral and written communication skills
  • Collaborative nature; must thrive in working together with others
  • Ability to remain calm and objective in the face of periods of excessive optimism or extreme pessimism in the capital markets
  • Unassailable ethics and integrity


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 coverage
  • Life insurance and travel coverage
  • 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
  • Work/life programs such as parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
  • Community involvement opportunities with The PIMCO Foundation in each PIMCO office