Portfolio Associate - Mortgage Trade Support

PIMCO • Newport Beach, CA

10h • Onsite

About The Position

PIMCO is a global leader in active fixed income with deep expertise across public and private markets, investing clients’ capital across a range of fixed income and credit opportunities. Since 1971, PIMCO has fostered a high-performance inclusive culture, celebrating diverse thinking and upholding CORE values of Collaboration, Openness, Responsibility, and Excellence. Portfolio Associate team members are crucial in overseeing portfolios daily, collaborating with Portfolio Managers, Account Managers, Product Managers, Legal and Compliance, Operations, and other Portfolio Trade Associate teams globally. Their primary functions include monitoring risk exposures, sizing trades to meet target risk measures, managing cash flow, resolving compliance issues, and handling all other operational aspects of the portfolio. Portfolio Associates are encouraged to innovate and develop tools and reporting methods to support the Portfolio Management team. This role offers extensive exposure to industry experts, opportunities for collaboration, a learning environment focused on buy-side portfolio risk and return principles, and structured career growth through constructive feedback and annual reviews.

Requirements

• Bachelor’s degree with strong academic background in a technical field from a leading, accredited college or university
• 2.5 – 4 years of relevant professional experience
• Deep understanding of fixed income and equities including knowledge of most cash and derivative instruments
• Exceptional communication skills are required to operate in a complex financial environment
• Excel “power user”
• Strong process-oriented background and ability to demonstrate keen portfolio risk and operational awareness
• Outstanding analytical and multi-tasking skills with a proven ability to function efficiently and problem-solve in a high-pressure and time-critical environment

Nice To Haves

• Python programming skills are preferred
• Understanding of Securitized Asset Backed & Mortgage products a plus

Responsibilities

• Ensuring investment objectives are reflected across portfolios in scope
• Monitoring portfolio positions and products versus client guidelines in concert with Compliance team
• Coordinating with Portfolio Management on re-balancing of portfolios
• Utilizing proprietary risk systems for monitoring of portfolio exposures
• Assisting in account transitions and cash flow management
• Conducting performance and attribution analyses
• Responding to ad-hoc requests from the Portfolio Management team

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees