What are the responsibilities and job description for the Product Associate - Equity/Asset Allocation position at PIMCO?
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.
Asset Allocation Associate - Product Strategy
PIMCO is seeking a Product Associate to assist with efforts in the Asset Allocation Group, who supports the PIMCO All Asset Funds, PIMCO Global Core Asset Allocation Funds, as well as customized asset allocation mandates for institutional and global wealth clients. The core function of the role involves the analysis of complex data, applying those results to make client focused presentations and require the individual have a solid understanding of portfolio construction concepts, multiple asset classes and asset class interaction. The Product Associate must build strong internal relationships and partnerships with Portfolio Managers, Account Associates and Account Managers, Business Development and Compliance teams across the firm. This job will be based in Newport Beach.
Skillset required :
- 2-3 years of asset management or wealth management experience
- Bachelor's degree in in Business / Finance, Economics, Mathematics, or Accounting preferred
- Well organized, high energy level / self-starter; focus on production and results orientation
- The ability to work effectively and professionally with all levels of personnel both internally and externally
- Ability to organize and communicate information effectively in writing and interpersonal communications.
- Strong mathematical and quantitative abilities
- Enthusiasm for the financial markets and investment management
- Ability to understand financial concepts (portfolio construction, asset class properties) and talks about them intelligently
- Advanced knowledge of Excel and reasonable proficiency with Business Objects, Bloomberg and other index provider systems preferred
- CFA designation (or active status in program) desired
Responsibilities
PIMCO is an equal opportunity employer.
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 : $ 105,000.00 - $ 115,000.00
Equal Employment Opportunity and Affirmative Action Statement
PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.
Applicants with Disabilities
PIMCO is an Equal Employment Opportunity / Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.
Salary : $105,000 - $115,000