Account Associate

PIMCO • Newport Beach, CA

7d • Onsite

About The Position

The Account Associate Group serves a unique and dynamic role that is based around the core responsibility of servicing PIMCO’s institutional clients. The individuals that make up this teamwork within the broader account management group to ensure delivery of the highest level of service to clients. The primary responsibility of the associates and analysts is to work alongside account managers as part of dedicated relationship teams, gathering, analyzing, and discussing economic and fixed income trends, evaluating portfolio structures and strategies, and delivering performance attribution analyses. In addition to client servicing responsibilities, most members of the group participate in the Chartered Financial Analyst (CFA) program through the CFA Institute.
This position offers a fantastic opportunity for individuals aspiring to build a long-term career with PIMCO, with potential pathways to serve clients and the firm in various capacities over time. Many dedicated AAs have successfully transitioned into account management, strategic accounts, and client-facing roles in other distribution channels, while others have achieved CFA, CIMA, CAIA, and other industry designations with firm support.

Requirements

• Must possess a four-year college degree with a preferred major in Business/Finance, Economics, or Accounting.
• 2-4 years of experience in financial services, asset management, investment banking or accounting.
• A strong background and/or interest in fixed income and economics is important.
• Completion of Series 7 and 63 within the first six (6) months of employment.
• Knowledge of and interest in the financial markets, fixed income, and portfolio management techniques.
• Demonstrated proficiency with Microsoft Excel and strong knowledge of software applications in general, including but not limited to index-provider databases, query tools and Bloomberg.
• Self-starter, ability to work within the firm’s demanding and highly focused environment
• Outstanding relationship building skills
• Ability to clearly articulate analysis, written and verbally
• Knowledge of fixed income securities and portfolio management techniques
• Work effectively with all levels of personnel as part of a team
• Excellent time-management, multi-tasking, organization and communication skills
• Clear commitment to PIMCO's culture, values and approach

Nice To Haves

• Progress toward the CFA designation is a plus.

Responsibilities

• Gather, analyze, and discuss market trends and data with colleagues and clients.
• Analyze portfolio characteristics in the context of broader investment themes.
• Evaluate risk reports, perform attribution research, and conduct scenario analysis.
• Create customized client reports and respond to ad-hoc inquiries.
• Draft internal presentations and prepare client-servicing materials.
• Summarize and explain complex financial and economic concepts to educate and service existing and prospective relationships.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level