Credit Research Analyst, Energy & Emerging Markets

PIMCO•Newport Beach, CA

6d•Onsite

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. JOB DESCRIPTION We are seeking an experienced Credit Research Analyst to work in our Newport Beach office. This analyst will assume coverage for names in the Energy sector across Investment Grade and High Yield, whilst also having some exposure to Emerging Market subsectors. Credit Research Analysts analyze various industries and the companies within them and make investment recommendations to PIMCO’s Portfolio Managers located in all of our global offices. They also provide analytical support for the firm’s Portfolio Managers by highlighting risks and making investment recommendations on specific companies.

Requirements

Must have a minimum of 3 years work experience in the area of credit/equities research, either on the buy or sell side, hedge funds, investment banking or DCM
Energy sector coverage or other cyclical sectors is preferred
Prior experience in either high yield or investment grade preferred
Strong, in-depth knowledge of local markets and companies
Completed MBA degree or CFA is a plus
Strong financial modeling experience is a must
Ability to contribute to first-hand corporate analysis, including on-site visits, financial modeling, and relative value analysis.
Proven ability to make judgments regarding credit, risk and valuation
Proactive in generating successful investment ideas.
Ability to take the lead in advocating investment ideas to Portfolio Managers rather than relying on external direction
Good communicator; strong written and oral presentation abilities.
Must be persuasive and credible
Values seeing one’s investment ideas added to investment portfolios and enjoys credit analysis as a long-term career
Strong academic credentials and achievements
Ability to collaborate and work well with others on the credit research team

Responsibilities

Provide fundamental and relative value research on existing holdings and generate credit driven investment ideas related to the Energy sector
Actively communicate investment ideas by initiating discussions with Portfolio Managers and participating in group meetings
Understand the macro/regional environment and translate into model assumptions
Produce written reports such as company evaluations and quarterly updates, relative value analyses, and industry reviews
Respond to Portfolio Manager inquiries regarding credit concerns, market overviews, and sector changes
Interaction with clients or client service professionals

Benefits

PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and wellbeing of you and your family.
Benefits vary by location but may include:
Medical, dental, and vision coverage
Life insurance and travel coverage
401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
Community involvement opportunities with The PIMCO Foundation in each PIMCO office
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: $ 180,000.00 - $ 240,000.00