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.
PIMCO is looking for a highly skilled and experienced professional to join our Collateral Management team. This role will not only involve monitoring daily collateral movements but will also emphasize the design and implementation of advanced reporting and optimization tools. You will collaborate with internal technology teams and third-party vendors to develop industry-leading solutions. The ideal candidate will have a deep understanding of financial markets, a strategic mindset, and a proven track record in collateral management within a top-tier financial institution.
Key Responsibilities:
- Strategic Collaboration: Partner with the collateral management team to create and execute a comprehensive collateral management strategy that aligns with PIMCO's business objectives, focusing on enhancing collateral optimization.
- Risk Assessment: Work with the Counterparty Risk Committee to identify, evaluate, and mitigate risks related to collateral management, utilizing advanced data analytics to support informed decision-making.
- Process Enhancement: Collaborate with the team to continuously assess and improve collateral management processes and systems, aiming for increased efficiency, cost reduction, and enhanced control through automated reporting and optimization tools.
- Technology Collaboration: Engage with internal technology teams to identify and implement innovative solutions that improve collateral management processes. This includes designing and developing tools that provide real-time insights and analytics to drive operational excellence.
- Stakeholder Coordination: Coordinate with trading desks, risk management, operations, and technology teams to ensure smooth collateral operations, fostering a collaborative environment that prioritizes innovation and efficiency.
- Regulatory Adherence: Assist the team in ensuring compliance with global regulations and industry standards related to collateral management, using technology to streamline compliance processes.
- Counterparty Interaction: Collaborate directly with derivative counterparties to ensure alignment with PIMCO’s overall business objectives, using analytical tools to assess and optimize counterparty relationships.
- Vendor Oversight: Manage relationships with external vendors to ensure service quality and alignment with PIMCO's collateral management goals, leveraging technology to enhance vendor performance, reporting, and oversight.
Position Requirements:
- Experience: At least 8 years of relevant experience in collateral management, preferably within an asset management firm or investment bank, with a strong focus on a diverse range of asset classes and instruments, particularly fixed income.
- Broad Expertise: Demonstrated experience with both exchange-traded and over-the-counter (OTC) derivatives (including options, futures, forwards, swaps, and credit), collateral optimization strategies, prime brokerage, and a comprehensive understanding of Uncleared Margin Rules (UMR) requirements.
- Global Knowledge: In-depth understanding of financial instruments and associated documentation, including derivatives, securities lending, prime brokerage, and repo markets. Familiarity with major exchanges and clearinghouses, such as CME, LCH, and ICE.
- Technical Skills: Proficiency in programming languages such as VBA, Python, and SQL for data analysis, process automation, and the development of reporting tools that enhance decision-making capabilities.
- Strategic Thinking: Strong strategic planning and execution skills, with the ability to think critically and solve complex problems, particularly in the context of designing and implementing innovative collateral management solutions.
Join PIMCO and become part of a dynamic team that is leading the way in collateral management innovation, driving efficiency and excellence through technology and strategic partnerships.
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: $ 108,000.00 - $ 195,000.00
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.
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What We Do
PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting marketing conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions, and service to our clients.
