Quantitative Developer - Finance

Employer
PIMCO
Location
Newport Beach, USA
Salary
Competitive
Posted
Sep 22, 2022
Closes
Sep 25, 2022
Ref
16984551
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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 strengthening our analytics effort in a number of key areas at the firm including securitized products, emerging markets, foreign exchange and rates. We are seeking several quantitative developers who can work on projects ranging from implementation of prepayment, credit, stochastic interest rate models and gain broad exposure to an array of financial instruments.

For any of these teams, it's a fantastic opportunity to gain exposure to securitized products and a sophisticated analytics platform for fixed income products in a high-performance computing environment in cloud.

Securitized Product
  • This team ideally seeks someone with intex cmo library as well as mortgages data like Loan Performance and/or EMBS data.
  • Ideally the candidate has hands-on experience in premier sell-side firms directly in support of modeling efforts and/or trading desks, and is capable of working in a dynamic environment.
  • This person thrives in an environment with rapid iterations while managing to fit the implementation in a strategic analytics platform.
  • Work with team to analyze interest rates, home price index along with integrating prepayment and credit model with collateral cash flow.


Emerging Markets, Foreign Exchange, Interest Rates
  • The team has a broad understanding of fixed income products and interest rate curves in both developed and emerging market.
  • This is a hands-on role in a highly productive environment. This job requires constant interactions with quants in rates and EM domain. It includes integration with Beacon Platform, high performance computing using grid at AWS.


Analytics Platform
  • Team seeks quantitative developers to enhance our firm-wide analytics platform which provides pre-trade and risk valuations across entire fixed income universe.
  • It is a great opportunity to get broad exposure in fixed income technologies such as parallel computing, cloud computing, messaging, caching. database, and file system.


Position Requirements:

  • Minimum Master's degree in computer science, mathematics or other STEM-related degree. Graduation from a top school in CS or Math is preferred.
  • 3-5 years of hands-on working experience on financial software engineering in C++ and Python, with minimum of 3 years on securitized products development such as residential mortgages, commercial mortgages, and asset backed securities for the securitized team. For other groups, directly supporting fixed income trading is preferred.
  • Experience with intex cmo api and strong understanding of how deal structure and cash flow worked in securitized products.
  • 2-3 years of working experience in implementation of interest rate curves, and/or financial instruments in EM and FX space a decided advantage for the Emerging Markets team.


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 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

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