The Pricing Team is responsible for the day-to-day implementation of PIMCO’s Pricing Policy which describes the procedures and responsibilities related to the valuing of securities and other assets held in client portfolios, including registered funds, private funds, and separate accounts. The Pricing Team’s primary responsibility is the daily pricing of all the different asset types that PIMCO trades, including fixed income products like corporate bonds, municipal bonds, CMOs, and ABS, as well as complex derivatives related to swaps, options, FX, equities. To fulfill this responsibility, the team performs pricing accuracy testing, vendor comparisons, anomaly detection, price move research, and risk control functions to ensure that PIMCO’s assets are priced accurately and timely. The team primarily utilizes data from pricing vendors, including ICE Data Services, Bloomberg (BVAL), PricingDirect (PDI), S&P Global (Markit), and LSEG Data & Analytics (Refinitiv), among others, and interacts closely with these vendors on pricing challenges/inquiries, market updates, and technical support.

The Pricing Team interacts with many different internal and external teams, having to respond to a high volume of inquiries, including communicating with PIMCO’s Portfolio Managers to gain market insights/color and to help resolve pricing discrepancies. Other teams include the Valuation Team on Alternative Assets, Legal/Compliance, Risk/Analytics/Performance teams, Account Managers, Auditors, Clients, Fund Treasury team, Custodian Banks/Fund Admins, Index/Benchmark team, Asset Set Up/Security Master, Due Diligence/Enterprise risk teams, our back office service provider, and Technology teams.

In addition to conducting its daily operations related to pricing, the Pricing Team regularly presents valuation matters to the Pricing Committee and related Sub-Committees, as well as presenting to the Valuation Oversight Committees related to PIMCO’s 40 Act Fund Boards.

Core Responsibilities:

• Daily security price validation by researching and resolving discrepancies as it relates to fixed income, derivatives, equity, ETF, FX, and commodity prices

• Monitor, execute, enhance, and create new daily price quality assurance checks

• Answer pricing related inquiries from internal and external stakeholders, including interaction with front office Portfolio Management team, pricing vendors, and Custodian banks

• Conduct security pricing reviews related to financial audits

• Assist in managing service providers that provide daily support functions related to daily production activities related to pricing securities

• Create new and enhance existing workflows related to pricing responsibilities

• Write business requirements for the technology teams to enhance our pricing applications

Position Requirements:

• Minimum of a Bachelor’s Degree, preferably in Economics or Finance; MBA/CFA or in program is a plus

• Relevant professional work experience within the financial services industry

• Familiarity with basic fixed income products is recommended, but experience with complex derivatives (e.g. caps/floors, commodity index swaps/forwards, FX options/swaps, forward rate agreements, interest rate swaps/swaptions, total return swaps) is strongly preferred.

• Experience with pricing vendors, PM/trading desk engagement, Bloomberg terminal, and fund audits is preferred

• Strong technology skills, including proficiency in SQL, Python, and MS Excel is preferred

• Excellent communication skills and the ability to work well in a team environment

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: $ 87,000.00 - $ 112,500.00