Portfolio Associate - Mortgage Trade Support

PIMCO • Newport Beach, CA

17h • Onsite

About The Position

Portfolio Associate team members help to oversee the portfolios on a day to day basis and liaise directly with Portfolio Managers and build relationships internally with Account Managers, Product Managers, Legal and Compliance counterparts, Operations teams, and other Portfolio Trade Associate teams across the firm’s global offices. On a day-to-day basis, Portfolio Associates’ primary functions will consist of monitoring risk exposures across portfolios, sizing trades to take risk measures to portfolio managers’ desired target, cash flow management, compliance resolution, and managing all other operational aspects of the portfolio. Portfolio Associates are routinely encouraged to provide creative solutions and develop key tools and reporting methods to support the Portfolio Management team. This role offers extensive exposure to industry experts within Portfolio Management and across other functional areas of the firm, a broad range of opportunities to collaborate with talented colleagues, and a learning environment focused on key buy-side portfolio risk and return principles. Constructive feedback is provided to foster career growth in addition to a formal annual review process.

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

What This Job Offers

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