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.
JOB DESCRIPTION
Our quant investment platform was founded in 2003 and has been a key source of strategic growth for PIMCO. As part of our offering we manage quantitative alternative strategies spanning managed futures, alternative risk premia and quantitative alpha.
We are expanding our Quantitative Portfolio Management team and seeking an experienced Quant / PM with expertise in deploying quantitative techniques to inform investment decision making in global fixed income markets, including interest rate markets, credit and/or mortgages. You will join a team of researchers with dedicated asset class / strategy focus who contribute to our quant investing platform, portfolio implementation team and traditional PM desks.
Our ideal candidate will be able to operate at the intersection of quant research and investment with both strong quant skills but also a deep understanding of the instruments and drivers of fixed income markets - whilst being innovative, highly analytical and market savvy.
RESPONSIBILITIES
* Conduct alpha research, formulate investment ideas in rates markets with holding periods from days to months
* Engage and collaborate with fellow researchers and quantitative developers to implement strategies
* Manage, refine and evolve existing strategies
* Work with senior PMs on portfolio construction in the presence of real-world constraints
* Perform post-trade analysis including model performance, TCA, and risk management
REQUIREMENTS
* PhD or Masters alongside an undergraduate degree in a quantitative, economics or finance related field with a strong academic track record
* 3+ years of experience in an analytical role informing market views at a bank/hedge fund/asset manager
* Strong understanding of market dynamics and rates fundamentals and what drives markets over days and weeks
* Strong programming ability (Python preferred)
* Solid understanding of probability and statistics
* Ability to work with unstructured real-world data
* Independent research experience is preferred
* Intellectual curiosity is a must
* Ability to thrive in a team environment and collaborate across teams
* Excellent analytical skills, with strong attention to detail
Beneficial / nice to have:
* Broader global fixed income markets research experience, be that across non US geographies or corporate bonds, credit and/or mortgages
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.