Portfolio Senior Associate - Hedge Fund - PM Support

Newport Beach, USA
May 26, 2023
Jun 25, 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

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 3,100 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.


PIMCO is currently seeking a Portfolio Management Support- Sr. Associate focusing on volatility and relative value trading strategies and providing operational support to the Portfolio Management group.

  • Drives Hedge fund hub efforts with Technology including automation and controls
  • Utilize technical and coding skills to automate manual repetitive processes on both PM & PA sides
  • Partner with Hedge Fund PMs, Tech and Portfolio Associates to drive strategic projects forward
  • Trade Allocation, Trade Sizing and Order management along with Strategy tagging and PnL reconciliation to back up Hedge fund Portfolio Associate team when needed
  • Assist PMs in executing options across asset classes, with a heavy focus on interest rate options
  • Handle expiries of options
  • Assist with booking of options trades
  • Assist with post-trade trade management and optimization, including CVA charges, UMR margin requirements, and clearinghouse margin balances
  • Understand how relative value trades are constructed and how to construct a portfolio of such trades
  • Learn how to risk manage portfolios that primarily consist of options and assist in scenario analysis and hedging
  • 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 follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.

Salary Range: $ 127,500.00 - $ 144,500.00

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

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