Ref #: 27894
Functional Area: Funds
Employee Type: Full Time
Experienced Required: 3 - 5 Years
Education Required: Bachelors Degree
Date published: 11-Dec-2019About 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 $1.88 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 worlds 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 PIMCO Fund Operations Cash team is responsible for operational oversight of trade orders (shareholder cash flows) for mutual funds, hedge funds, exchange traded funds, and closed end funds that are communicated to and from Portfolio Management. These responsibilities involve coordination with traders, middle/back office operations, transfer agencies, custodians and intermediaries in support of PIMCOs funds and our clients.
In addition, the Fund Operations team maintains oversight of key service providers and provides operational funds support across all departments. The team currently has business professionals based in Newport Beach, CA and New York, NY.
Shareholder cash reporting to the cash desk and fund orders to portfolio management.
Operational support for fund trading in discretionary accounts
Fund/Client account event management
Cash Desk/Short Term Desk/Money Market/Product/Account Management support
Review and/or reconcile trade orders between PIMCO and transfer agencies
Oversight of cash accounting entries for funds
Research and resolve trade or cash break issues in coordination with relevant internal and external stakeholders
Provide and/or review data in adherence with regulatory reporting
Drive multiple projects related to system/application upgrades and processes to optimize efficiencies and mitigate risk both internally and across service providers
Provide support and share best practices across global offices
Minimum of a Bachelors Degree
3-5 years of middle or back office experience or transfer agency experience
Current FINRA Series 7 and 63 licenses otherwise candidate may enter into probationary employment with full employment status contingent on acquiring these licenses within six (6) months of start date
Intermediate to advanced knowledge in Microsoft Office excel, particularly with data analysis and in writing macros; experience with SharePoint, SQL, Python, or visual basic a plus
Proficient organizational and project management skills
Strong analytical skills
Can quickly gather and evaluate information to make timely decisions
Professional Skill Requirements
Clear and concise communication skills both verbal and written.
High emotional intelligence and strong interpersonal skills. Adept to collaboration and working independently
Possesses a curious mind with a high aptitude for learning complex concepts and can adapt quickly to ambiguous settings
Details oriented and risk minded
Self-starter with the propensity for continual improvement. Can challenge status quo by introducing new ideas and solutions
Ability to manage multiple priorities in a fast paced and high risk environment