Senior Associate, Operations (Temporary)

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • PIMCO Europe Ltd
  • 21 May 19

Senior Associate, Operations (Temporary)

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 $1.76 trillion in assets for clients around the world. PIMCO has over 2,600 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:

The candidate will be required to work in a team in the Middle Office in London processing OTC and non-OTC trades encompassing Bond trades, FX, Derivatives Repos and Swaps with the aim being to provide support to the Portfolio Managers for any product traded. The primary responsibilities include regular contact with brokers to confirm trades, acting as escalation contact for settlement queries and monitoring the in-house STP trade capture system. Thus, strong trade flow management ability and good settlement experience are vital.

To highlight, this opportunity does have a Shift Pattern (weekly rotation) as follows:
- 9.30am - 6.30pm
- 11am - COB

Furthermore, the Associate will be involved in interaction with the Munich and the Newport office.

  • Daily interaction with Portfolio Managers, Compliance, and Investment Operations.
  • Monitor proprietary trade capture system: ensure accurate trade capture and completeness of tickets.
  • Complete initial confirmation with the broker for trades executed in London office
  • Trade floor support: run various daily trade-flow reports and any ad hoc reports requested by Portfolio Management team.
  • Interaction with Back Office support functions: escalation contact for trade settlement. The back office support is outsourced to State Street, daily contact through telephone and email. There is also direct contact with Brokers to resolve issues and support State Street as point of escalation.
  • shift work to cover market close is required on a rota'd basis

Position Requirements:

  • Proven fixed income experience in a similar role within Asset Management or Investment Banking.
  • Excellent attention to detail. Strong analytical ability is essential
  • Strong verbal and written communication skills are vital to work within the firm's demanding and focused environment.
  • Capability to manage multiple tasks with tight time deadlines and possess strong problem solving ability.
  • Flexibility and ability to work under pressure with a fair degree of autonomy as well as in a team environment is essential. PIMCO works on a flat structure so ability to work with all levels of firm.
  • Good working knowledge of MS Word, Excel, Access, MS Outlook and Bloomberg.
  • PowerPoint preferred. SQL and programming skills are a plus.
  • Educated to degree level or equivalent is an advantage
  • Clear commitment to PIMCO's culture, values and approach