Pricing Operations Manager

Newport Beach, USA
Jun 03, 2022
Jun 29, 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:

We are seeking a Pricing Operations Associate/Manager to join our PIMCO Pricing team. This team is part of the Data Operations group, which is primarily responsible for the day-to-day implementation of PIMCO's Pricing Policy. Our team oversees PIMCO's security valuation process of funds globally to ensure that proper security valuations are used daily NAV. We work closely with third-party vendors (fund accountants/administrators, custodians, auditors, and security pricing vendors) who provide services to the funds/trusts to ensure fair valuation methods are applied, and associated controls are in place.

In this role, you will work closely with our trading floor, Pricing Committees, and Board members, monitor significant events, and pricing vendor oversight.

This role may be based in Newport Beach, CA; Austin, TX; or New York, NY.

About You:
  • You challenge the status quo by asking "why" and identifying new and better ways of doing things
  • Exceptional organizational and project management skills, including the ability to multi-task and lead many ongoing initiatives
  • Resourceful, inquisitive, and enjoy problem-solving. Many of the concepts and/or solutions we face are sophisticated, and you bring a desire to work through these complex scenarios
  • Proven track record to deliver on assigned responsibilities through pursuing excellence, outstanding attention to detail, and using interpersonal and communication skills
  • You seamlessly adapt to shifting priorities and enjoy working with ambiguity
  • A standout teammate who builds positive relationships and collaborates across multiple levels of a globally diverse organization, including outside vendors
  • Track record of building credibility and trust through consistent behavior, high integrity, and judgment
  • Intellectual curiosity, a dedication to professional development, an ability to learn, and an interest in staying on top of emerging trends
  • Self-motivated and thrive in a fast-paced environment
  • High emotional intelligence, are flexible, and resilient
  • Proven record of navigating unstructured processes and simultaneously handling responsibilities with multiple, exciting demands
  • Encourage a positive work environment and culture for all employees

Position Responsibilities:
  • Interact with the pricing vendors to price securities owned by PIMCO
  • Communicate daily inquiries to appropriate internal departments
  • Monitor and data mine the daily pricing for anomalies and potential issues
  • Perform deep dives on issues related to securities pricing and methodology
  • Issue price challenges
  • Interact with Portfolio Managers as an internal consultant
  • Interact with internal and external audit teams
  • Audit internal processes, identify and mitigate risks, and develop and enhance controls
  • Develop reports and presentations for PIMCO funds, the Boards, Legal, and Portfolio Management
  • Maintain current knowledge of domestic and foreign securities markets and monitor effects on funds, pricing, and valuation procedures
  • Manage various projects related to process improvements, procedures, and systems development

Position Requirements:

Position Requirements:
  • Minimum of a Bachelor's Degree, preferably in a quantitative field
  • Minimum 3 years of experience in security valuation and mutual fund operations
  • Experience working with trading desk and portfolio managers
  • Market data knowledge from working with providers of financial data, such as Bloomberg, Thomson Reuters, Intex, and others
  • Experience working with business intelligence reporting tools and dashboards, such as PowerBI (preferred) or other platforms
  • Advanced Excel/VBA, SQL, Python, strongly preferred
  • Exceptional accuracy and attention to detail

Preferred Qualifications:
  • Advanced degree in Accounting, Finance, Mathematics, Statistics, Engineering, Economics
  • CPA or CFA designation
  • Experience with mutual fund governance and fund boards
  • Experience working with Business Analysis and Project Management


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 flexible work arrangements, 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
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