Middle Office, Senior Associate Middle Office, Senior Associate …

in Singapore
Permanent, Full time
Last application, 24 Sep 21
in Singapore
Permanent, Full time
Last application, 24 Sep 21
Middle Office, Senior Associate
About Us:

We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $1.91 trillion in assets for clients around the world. PIMCO has over 2,800 employees in 17 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.

Position Description:

Middle Office primary responsibility is management and governance over a key control environment that supports the day-to-day trade life cycle of the PIMCO Portfolio Management team. The Team supports Sydney, Tokyo, Singapore and Hong Kong Fixed Income Portfolio Management Teams, trading across all APAC markets and various product types from Fixed Income to Equity products. Middle Office team members collaborate across internal functional teams: Portfolio Management, Trade Support, Legal & Compliance, Operations, Technology and State Street IMS (back office). In addition, Middle Office team members regularly engage with external parties such as brokers, custodian banks and third party trading platforms for issues resolution, system enhancements and market initiatives/projects.


Trade related tasks
1. Perform block trade confirmations in STP or on paper vs. broker confirms
2. Facilitate and monitor trade flow process in STP queue
3. Research and resolve daily inquiries from internal and external groups
4. Achieve and maintain operational excellence in adherence to internal policy and procedures
Daily Reporting
1. Prepare and distribute daily trade activity and end of day reports
2. Perform daily Equity position and market value reconciliations
3. Monitoring for APAC Regulatory Trade Reporting & resolve any late trades to prevent regulatory breach
Ad Hoc
1. Assist in the monthly metrics reporting and work with back office to resolve identified risk items
2. Participate in projects to enhance PIMCO's operational environment
3. Utilize technology to create efficiencies and improve processes to daily workflow
4. Develop and analyze internal trade flow metrics and recommend process improvements
Assist Operations Manager
1. Support Ops Manager in completing any assignment related to day-to-day requests from Operations, Portfolio, or Account Management Teams
2. Provide support in servicing client operational inquires and requests

Position Requirements:

• Bachelor's degree from an accredited college/university preferred in Economics or Finance major
• 5+ years of work experience in the investment management or financial service industry
• Direct work experience in Middle Office/Trade Support and knowledge on APAC markets a plus
• Product knowledge in processing and settlement of various financial products (Fixed Income, Forex, Derivatives and Equities)
• Strong written and verbal English communication skills
• Strong reading, written and verbal Mandarin communication skills a plus
• Able to work independently and across various teams, intuitive and a quick learner
• Thoughtful and ethical; demonstrates good judgement and strong decision-making skills
• Self-motivated problem solver, team player and results oriented; contributing to the firm's success
• Open-minded and adapt to new ideas, process and control implementation
• Flexible in Team's shift arrangements (covering all APAC markets - coming in as early as 6am and may need to come in on Singapore holidays)
• Experience with MS computer applications, Bloomberg trade order management systems and matching utilities preferred

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