JOB DESCRIPTION PIMCO's growing $178 billion alternative complex invests in a wide range of asset types and geographies. PIMCO's opportunistic credit team manages funds focused on investing in directional and relative value opportunities across public and private corporate debt and equity, stressed/distressed capital structures, and various event-driven and special situation opportunities. PIMCO is seeking a Portfolio Manager to join this opportunistic credit team, to be based in our Newport Beach office. You will be directly involved in identifying, evaluating, underwriting, and managing opportunistic credit and special situations investments. You will also interact across our investment organization; including Portfolio Management professionals within our alternatives platform, as well as across the firm's corporate research group.
RESPONSIBILITIES- Assist in identifying and evaluating public and private corporate debt and equity investments (both long and short), and special situation opportunities
- Partner with PIMCO Alternatives deal teams on diligence, underwriting, and management of selective investments
- Perform deep-dive research on industry sectors and individual companies, including detailed financial modeling and credit documentation review
- Communicate and present investment ideas and analysis to senior team members, portfolio managers, and investment committees
REQUIREMENTS - 2+ years of meaningful investment banking, credit research, and/or credit investing experience
- Strong experience in credit analysis and financial modeling, restructuring/distressed experience is a plus
- Outstanding academic credentials and demonstrated leadership capabilities
- Strong work ethic and integrity; you should be a team player who is proactive and self-motivated
- Experience managing tasks with minimal direction and an ability to make preliminary decisions in a short time frame
- Good communicator, strong written and oral presentation abilities; needs to be persuasive and credible
- Ability to work effectively on multiple projects simultaneously
BENEFITSPIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and wellbeing of you and your family. Benefits vary by location but may include:
- 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
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 - $ 240,000.00
