Trader, Short Termat PIMCOOn-site Newport Beach, California, United States Full-time Posted 19 days agoDescription
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.
PIMCO is currently searching for a Trader focused on short-duration credit, structured product, and traditional liquidity management asset classes. This individual will work with and report to the Head of PIMCO's short-term desk and likely be based in our Newport Beach, California Head Office.
Responsibilities
Strong trading and/or portfolio management background, broadly including corporate bonds, US and non-US Agency/Supranational securities, and asset-backed securities.Understanding of short-term risk markets, operational fundamentals, and theoretical portfolio construction capabilities as well as a solid macroeconomic foundation.Understanding of collateral/repo trading, with potential to manage aspects of daily trading of US Treasury and Credit/Structured Product Funding Book.Initial responsibilities will be focused on managing daily trading of liquidity/short-dated assets for portfolios, but will evolve to support portfolio construction and product development.Assist with cash management and short-duration mandate optimization efforts, as well as a global cash optimization efficiency.Generate alpha-adding ideas in real time across multiple products.Position Requirements
Bachelor's degree required; advanced degree is a significant advantage.Strong academic credentials and a track record of achievement.A minimum of 2-4 years of relevant work experience.In-depth knowledge of fixed income products, particularly liquidity products and short-dated credit opportunities.Proven ability to generate innovative ideas and strategies to enhance portfolio returns while mitigating risk.Extensive experience with both operational processes and execution.Demonstrated ability to serve as a liaison between different teams.Experience from either the sell-side, buy-side, or both is preferred.Strong analytical and quantitative skills, with the ability to identify interconnected market opportunities and devise strategies to capitalize on them.Solid understanding of macroeconomics and the factors influencing economic trends.Collaborative approach to working across the organization.Exceptional communication skills, both within the organization and with external stakeholders.Ambitious, competitive, and possesses a strong work ethic.Balances strong convictions with a low-ego approach.Maintains composure and objectivity during periods of market volatility, whether optimistic or pessimistic.Upholds the highest standards of 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: $135,000.00 - $240,000.00
PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures.
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