Fund Operations Cash Associate/Sr. Associate

7 days left

Newport Beach, USA
Jul 23, 2022
Aug 22, 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:

The PIMCO Fund Operations Cash team is primarily responsible for overseeing the timely review and dissemination of accurate trade order activity to Portfolio Management for open-end funds, closed end funds, exchange traded funds, and hedge funds. Our responsibilities involve coordination with the front/middle/back offices, transfer agencies, custodians, and intermediaries supporting PIMCO's funds and our clients. In this role, you will be based out of Newport Beach, CA and will be primarily responsible for supporting the U.S. fund complexes and providing supplemental support for the Canada and Brazil trusts.
About You
If the following describes you, let's talk!
  • You challenge the status quo - rejecting "good enough" and resourcefully imagining new ways to build a better mousetrap
  • A "big picture" thinker - grasping how projects support business objectives and how you play a meaningful role in our success
  • A problem solver - quickly gaining clarity on desired outcomes, understanding root problems, and identifying the best solutions
  • A standout teammate - enjoying helping others perform at their best and achieve their fullest potential
  • Intellectually curious - beyond just knowing the answer, you want to understand the "why" behind the answer
  • Thrives in a fast-paced environment - staying organized while juggling multiple priorities concurrently
  • Self-motivated - raising a high bar for yourself and reaching beyond the bare minimum of what's required
  • Have a keen attention to detail - you've already identified two typos in this job description
  • Share PIMCO's values of Collaboration, Openness, Responsibility, and Excellence, which allow us to bring the best to our clients and each other

  • Respond to inquiries regarding shareholder transactions and onboarding from various internal and external groups
  • Provide vendor oversight of transfer agencies and other vendors who provide operational services for the mutual funds
  • Maintain relationships with third-party intermediaries to resolve trade inquiries
  • Support the U.S. funds business with the timely and accurate reporting of U.S. trade activity and material pre-trade notifications to the front office.
  • Operational support for separately managed accounts (SMAs) when trading mutual funds. Review and reconcile trade orders between internal accounting records and transfer agencies.
  • Provide and/or review data in support of regulatory requirements.
  • Service internal clients regarding fund trading: cash desk, short term desk, product groups, portfolio mgmt., account mgmt., middle office and investment ops.
  • Oversight of fund and client portfolio events involving mutual funds and transfer agencies
  • Timely resolution of accounting breaks and cash settlement issues
  • Drive multiple projects related to workflow and system/application enhancements to optimize efficiencies and mitigate risk both internally and across service providers

Position Requirements:

Position Requirements
  • Minimum of a Bachelor's Degree
  • 1 -3 years of experience in financial services industry, with preference given to specific experience in asset management, transfer agency or back/middle office
  • Intermediate to advanced knowledge of Microsoft Excel, particularly as it pertains to data analysis
  • Experience with SharePoint, SQL, Python, or visual basic desirable
  • Current FINRA Series 7 and 63 licenses; otherwise required to obtain within six (6) months of start date


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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