Corporate Actions Specialist

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • PIMCO Europe Ltd
  • 25 Apr 19

Corporate Actions Specialist

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 $1.66 trillion in assets for clients around the world. PIMCO has over 2,500 employees in 14 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:

GENERAL:
The PIMCO Corporate Action Team manages life cycle of all voluntary events including but not limited to tenders, exchanges, Dutch auctions, consent solicitations, disclosures, conversions, optional puts, and dividend reinvestments. The role is an integral link between Portfolio Management, Legal & Compliance, Account Management, and Back Office Operations. The team also actively contributes to process improvement and process reengineering projects relating to enhancing communication related to corporate actions between various departments though the use of technology.

RESPONSIBILITIES:

  • Prepare and distribute Corporate Action reports to Senior Management
  • Reconcile positions on all voluntary events prior to sending on to Portfolio Management
  • Review offering material and compare data received from service provider to ensure accuracy
  • Communicate all guideline restrictions to Account Management and solicit requisite approvals
  • Collect and audit all PM responses on voluntary events
  • Inform PIMCO's Short Term Desk and Financing Trade counterparties of our intent to participate in an event or advise when financed positions will be affected by an event
  • Submit all elections on voluntary events to PIMCO's back office using proprietary system
  • Audit all allocations posted by PIMCO's back office on entitlements received from an event
  • Provide oversight of PIMCO's back office
  • Analyze and respond to ad hoc inquiries and projects



Position Requirements:

QUALIFICATIONS:
• Strong understanding of Fixed Income fundamentals
• A minimum of 5+ years of relevant work experience
• Progress towards CFA/MBA a plus
• Standard MS Office knowledge
• Bloomberg skills
• Oracle SQL, VBA is a plus
• Outstanding relationship building skills
• Well organized, high energy self-starter, to work in a fast paced team environment
• Flexible and open to taking on additional responsibilities
• Confident working with PIMCO's most senior management levels
• Clear commitment to PIMCO's culture, values and approach

Benefits:

PIMCO 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
Salary: Competitive
Application Closing Date: 19/04/2019