Portfolio Manager, Specialty Finance

PIMCO • New York, NY

1d • $265,000 - $305,000

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.
We are seeking a highly motivated and entrepreneurial Senior Vice President (SVP), Portfolio Manager to join our Specialty Finance team. The successful candidate will play a leading role in sourcing, underwriting, executing, and managing private credit and asset-based finance investments across a broad range of specialty finance sectors, including consumer finance, commercial finance, equipment leasing, aviation, insurance-related assets, data infrastructure, portfolio acquisitions, and other esoteric asset classes.
The SVP will work closely with senior investment professionals, sector specialists, financing teams, asset management teams, analytics professionals, legal counsel, and investment committees to identify attractive investment opportunities while helping construct and manage diversified portfolios that achieve superior risk-adjusted returns.

Requirements

• 10+ years of experience in specialty finance, structured credit, private credit, asset-based lending, ABS, consumer finance, corporate credit, investment banking, or related fields.
• Demonstrated experience sourcing and executing complex credit investments.
• Strong track record of underwriting and managing specialty finance assets.
• Experience presenting investment recommendations to senior investment committees.
• Advanced financial modeling and credit analysis skills.
• Deep understanding of structured finance, securitization, and asset-based lending structures.
• Strong knowledge of portfolio construction and risk management.
• Ability to evaluate complex collateral pools and servicing platforms.
• Commercially minded and entrepreneurial.
• Strong investment judgment and decision-making skills.
• Excellent communication and presentation capabilities.
• Ability to operate effectively in a collaborative, fast-paced environment.
• High degree of integrity, accountability, and intellectual curiosity.

Nice To Haves

• Consumer lending
• Equipment finance
• Aviation finance
• Insurance and reinsurance assets
• Commercial finance
• SME lending
• Solar and renewable finance
• Digital infrastructure lending
• Portfolio acquisitions and structured solutions
• Music royalties and IP-backed lending

Responsibilities

• Source and originate specialty finance investment opportunities through direct relationships with originators, financial institutions, sponsors, servicers, banks, and industry participants.
• Develop and maintain a robust network of industry contacts to generate proprietary and differentiated deal flow.
• Identify emerging market themes, relative value opportunities, and attractive sectors within asset-based finance.
• Lead detailed underwriting of investment opportunities across multiple specialty finance asset classes.
• Perform fundamental credit analysis, collateral analysis, cash flow modeling, scenario analysis, and structuring evaluations.
• Evaluate transaction economics, downside protection, legal structures, and servicing frameworks.
• Coordinate diligence efforts across legal, tax, accounting, financing, risk, and operational teams.
• Assist in portfolio construction across funds, SMAs, and commingled vehicles.
• Evaluate investments within the context of broader portfolio objectives, risk limits, concentration constraints, and liquidity considerations.
• Monitor macroeconomic developments and assess implications for portfolio positioning.
• Identify and manage portfolio risks proactively.
• Negotiate transaction documentation, financing arrangements, and commercial terms.
• Manage investment closing processes in coordination with internal and external stakeholders.
• Present investment recommendations to internal investment committees and senior leadership.
• Partner with the dedicated asset management team on ongoing management of portfolio investments.
• Monitor collateral performance, servicing activity, covenant compliance, and operating metrics.
• Work closely with servicers, operators, and counterparties to maximize value and identify potential risks.
• Develop strategic recommendations to enhance portfolio performance and mitigate losses.
• Mentor and develop junior investment professionals, analysts, and associates.
• Lead sector-specific initiatives and contribute to expanding the platform’s expertise in targeted verticals.
• Foster collaboration across investment, financing, analytics, asset management, and operations teams.
• Support fundraising, investor due diligence, and client relationship efforts.
• Participate in preparation of marketing materials, portfolio reviews, and investor presentations.
• Represent the platform with investors, advisors, and market participants as appropriate.

Benefits

• Base salary and a discretionary bonus
• Reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed