Associate / Senior Associate, Operations Transformation

PIMCO • Newport Beach, CA

1d

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. Role Overview PIMCO is seeking a Core Operations Senior Analyst to own daily reconciliations, investigate breaks, and drive timely resolution across key investment operation domains. The role requires strong portfolio accounting/IBOR knowledge, operational risk awareness, and the ability to partner across internal teams and external providers to resolve issues and improve controls.

Requirements

• 5–8 years of operations, back-office, or reconciliation experience within asset management or investment banking.
• Strong knowledge of IBOR, portfolio accounting, cash, positions, P&L, performance, fund accounting, and reference data impacts.
• Experience across multiple asset classes, including fixed income, derivatives, and cash products.
• Strong analytical, communication, and ownership skills in a high-volume, deadline-driven environment.
• Advanced Excel and reconciliation platform skills required

Nice To Haves

• SQL, Power BI, Alteryx, or experience preferred.

Responsibilities

• Own daily reconciliation, break investigation, and resolution across positions, cash, transactions, tax lots, P&L, and related investment data.
• Identify recurring issues, perform root-cause analysis, and partner with internal teams, Technology, and external providers to reduce repeat breaks.
• Monitor aged and high-risk breaks, escalate issues appropriately, and communicate key metrics, risks, and resolution status.
• Support control standards, procedure documentation, process improvements, and change initiatives, including system migrations.

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: Entry Level
• Education Level: No Education Listed