Analyst-Associate Money Movement

PIMCO • San Diego, CA

2d • $72,000 - $88,000

About The Position

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. The team: We have a diverse, hardworking and collegial team of professionals representing different levels of experience across the financial services and asset management industry. Our team environment promotes open communication, ability to collaborate on special projects, opportunities to be challenged while honing your skill set along the way. We’re committed to the success of our Associates and will provide you with comprehensive training and mentorship from our experienced staff. In addition, you’ll have an opportunity for career growth in our dynamic team that we describe as the "gold standard" in client service. The opportunity: As a Money Movement Associate, you’ll be a primary contact for our clients and internal partners, and provide “best in class” service by: Effectively processing and detailing money movement requests received from clients while adhering to all wire processing quality and operational controls Authenticate outgoing wire requests with an authorized representative of the account via phone Monitor wire processing status and confirm wire completion Coordinate with Portfolio Management team to accurately communicate cash needs for the client Audit money movement transactions to ensure compliance with internal controls Prepare internal cash management systems for processing workflows between teams Work reciprocally with various teams both internally and externally to resolve and follow up on client requests and issues, as well as provide support on special projects Develop new team processes and proactively seek to improve existing team workflows by refining and implementing changes to existing procedures Provide confirmation and monitor new deposits into client accounts

Requirements

• Bachelor’s degree from an accredited 4-year institution
• 1-4 years of experience in financial services, asset management, investment banking or accounting; working knowledge of Operations and Client Service preferred; FINRA registrations are a plus
• Due to nature of risk with responsibilities, attention to detail and accuracy are required
• Ambitious, ethical, and capable of building positive relationships
• Engaging communication skills, both oral and written
• Works well in a team environment and open to collaboration

Nice To Haves

• Working knowledge of Advent APX or APL or with a portfolio accounting system is a plus

Responsibilities

• Effectively processing and detailing money movement requests received from clients while adhering to all wire processing quality and operational controls
• Authenticate outgoing wire requests with an authorized representative of the account via phone
• Monitor wire processing status and confirm wire completion
• Coordinate with Portfolio Management team to accurately communicate cash needs for the client
• Audit money movement transactions to ensure compliance with internal controls
• Prepare internal cash management systems for processing workflows between teams
• Work reciprocally with various teams both internally and externally to resolve and follow up on client requests and issues, as well as provide support on special projects
• Develop new team processes and proactively seek to improve existing team workflows by refining and implementing changes to existing procedures
• Provide confirmation and monitor new deposits into client accounts

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees