Product Strategist

  • Competitive
  • Newport Beach, CA, USA
  • Permanent, Full time
  • PIMCO Europe Ltd
  • 25 Apr 19

Product Strategist

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 $1.72 trillion in assets for clients around the world. PIMCO has over 2,400 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:

PIMCO is seeking a product strategist for its closed-end fund and securitized credit teams, based in either Newport Beach or New York, covering strategies across multi-sector credit, municipal bonds, mortgages, and other securitized credit. This individual will have the opportunity to significantly contribute to the growth of PIMCO's closed-end fund and interval fund suites globally.

PIMCO Product Strategists are investment professionals who specialize in a strategy area or market sector. They are recognized internally and externally as experts in this area. Strategists at PIMCO lead new business development efforts, focus on long-term strategic positioning, and work with client-facing colleagues to capture near-term demand opportunities. Strategists seek to position PIMCO for sustained high growth rates and attractive levels of profitability, diversifying PIMCO's business by product, investor type, and region. Strategists use their highly specialized knowledge to lead all aspects of a particular strategy area, akin to running a focused global business unit within PIMCO. Typical Product Strategy Group (PSG) teams are 3 to 7 people in size, split between senior Product Strategists who manage the business and junior Product Associates who provide reporting and analytical support.

Responsibilities

  • Serve as a global expert on PIMCO's closed-end and interval funds and on PIMCO's securitized credit products internally and externally
  • Identify demand for new and innovative products globally; develop, position and support those products
  • Help develop and execute a business plan designed to increase revenue growth and collaborate with marketing, client facing, consultant relations and other functional groups to implement the plan
  • Work with the Product team to monitor and manage the project queue. Help prioritize opportunities and follow up with PIMCO's client facing team to ensure continued connectivity and sustained involvement with clients
  • Develop a strong partnership with the portfolio management teams in order to be a credible and highly effective PM substitute, serving as the product expert for relationship managers and marketers
  • Represent PIMCO's product suite externally at client meetings, industry conferences and meetings with other market participants globally
  • Develop marketing, servicing and educational materials, including marketing and servicing presentations, fund commentaries, roadshow kits, white papers, and other materials for publications
  • Partner with client-facing PIMCO professionals to service and grow our CEF and securitized businesses globally
  • Help represent the business on the internal oversight committees and to the funds boards at their regular meetings


Position Requirements:

Qualifications
  • Preference for 5+ years of relevant work experience in asset management or sell-side industry
  • An MBA degree with an emphasis in Finance and Economics or an equivalent advanced degree preferred
  • Robust understanding of macroeconomic and credit fundamentals
  • Aptitude in analyzing and communicating portfolio strategy and risk factors
  • Enthusiasm for the financial markets and investment management
  • Understanding of the various channels of demand and distribution for credit products
  • Ability to build strong business relationships across groups throughout the organization
  • Exceptional verbal and written communication skills
  • Aptitude for public speaking in both formal and informal settings, in front of a variety of types and sizes of audiences
  • Entrepreneurial drive to build a business coupled with the ability to be a cooperative team player
  • High level of organizational skills and the ability to prioritize work according to business needs
  • Clear commitment to PIMCO's culture, values and investment 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