Pacific Investment Management Company

Associate, Short Term Trader

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; advanced degree preferred.
  • 2-4 years of relevant work experience in trading or portfolio management.
  • In-depth knowledge of fixed income products, particularly liquidity and short-dated credit.
  • Strong analytical and quantitative skills for market opportunity identification.
  • Proven ability to innovate and enhance portfolio strategies while managing risk.

Responsibilities

  • Manage daily trading of liquidity and short-dated assets for portfolios.
  • Support portfolio construction and product development as responsibilities evolve.
  • Assist with cash management and short-duration mandate optimization.
  • Generate real-time alpha-adding ideas across multiple products.
  • Understand and manage aspects of collateral/repo trading for funding. 

Benefits

  • Total compensation includes both base salary and discretionary bonus.
  • Potential for performance-based bonuses determined by various factors.
  • Work based in Newport Beach, California, providing a desirable location.
Full Job Description
PIMCO is currently searching for a Trader focused on short-duration credit, structured product, and traditional liquidity management asset classes. This individual will work with and report to the Head of PIMCO's short term desk and likely be based in our Newport Beach, California Head Office. RESPONSIBILITIES • Strong trading and/or portfolio management background, broadly including corporate bonds, US and non-US Agency/Supranational securities, and asset-backed securities. Understanding of short-term risk markets, operational fundamentals, and theoretical portfolio construction capabilities as well as a solid macroeconomic foundation are essential. • Understanding of collateral/repo trading, with potential to manage aspects of daily trading of US Treasury and Credit/Structured Product Funding Book an added consideration. • Initial responsibilities will be focused on managing daily trading of liquidity/short-dated assets for portfolios, but will evolve to support portfolio construction and product development. • Assist with cash management and short-duration mandate optimization efforts, as well as a global cash optimization efficiency. • Generate alpha-adding ideas in real time across multiple products. POSITION REQUIREMENTS • Bachelor's degree required; advanced degree is a significant advantage. • Strong academic credentials and a track record of achievement. • 2-4 years of relevant work experience. • In-depth knowledge of fixed income products, particularly liquidity products and short-dated credit opportunities. • Proven ability to generate innovative ideas and strategies to enhance portfolio returns while mitigating risk. • Extensive experience with both operational processes and execution. • Demonstrated ability to serve as a liaison between different teams. • Experience from either the sell-side, buy-side, or both is preferred. • Strong analytical and quantitative skills, with the ability to identify interconnected market opportunities and devise strategies to capitalize on them. • Solid understanding of macroeconomics and the factors influencing economic trends. • Collaborative approach to working across the organization. • Exceptional communication skills, both within the organization and with external stakeholders. • Ambitious, competitive, and possesses a strong work ethic. • Balances strong convictions with a low-ego approach. • Maintains composure and objectivity during periods of market volatility, whether optimistic or pessimistic. • Upholds the highest standards of ethics and integrity. 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: $ 135,000.00 - $ 150,000.00

About Pacific Investment Management Company

Pacific Investment Management Company (PIMCO) is an investment management firm that provides a range of investment solutions to clients worldwide. The firm offers a variety of investment strategies, including fixed income, equities, commodities, and real estate. PIMCO was founded in 1971 and is based in Newport Beach, California. The firm has offices in North America, Europe, and Asia.
Learn more about Pacific Investment Management Company
Size
3,000 employees
Industry
Founded
1971

Similar Jobs

More Jobs at Pacific Investment Management Company

More Finance & Insurance Jobs

Find similar Associate, Short Term Trader jobs: