CMBS/CRE Portfolio Manager
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. PIMCO is seeking an associate or VP level CMBS/CRE Portfolio Manager to be part of its opportunistic investment team based in Newport Beach, CA. The candidate will assist the team in underwriting and making investment decisions in CMBS and other real estate-related assets for various PIMCO funds. The candidate will assist in the evaluation of both CMBS and opportunistic debt and equity investments for PIMCO’s alternative funds.
Requirements
- Proficiency in Excel, Bloomberg, and Intex (preferred)
- 2-5+ years on a CMBS trading desk or CMBS syndicate group on sell-side, or equivalent experience in private equity or real estate investment management-related field
- Must have CRE underwriting experience
- Outstanding academic credentials and demonstrated leadership capabilities
- Strong work ethic and integrity, candidate should be a team player that is proactive and self-motivated
- Strong analytical, interpersonal communication, and writing skills
Responsibilities
- Assist in asset-level credit underwriting on CMBS and CRE loans, and identify investment opportunities
- Prepare investment memos/notes to be presented to senior portfolio managers
- Review of Prospectus, Pooling and Servicing Agreements, Indentures and appraisals associated with securities offerings
- Monitor and analyze the performance of existing investments
- Support the development of new business initiatives in CMBS/CRE and other opportunistic investments for the firm
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
1,001-5,000 employees
