Account Associate recruitment
Job ID: 12757
Position Description:
PIMCO is a global investment solutions provider with more than 2,000 dedicated professionals in 10 countries focused on a single mission: to manage risks and deliver returns for our clients.
PIMCO manages investments for a wide range of clients, including public and private pension and retirement plans and others assets on behalf of millions of people from all walks of life around the world. PIMCO also serves as an advisor and asset manager to companies, central banks, educational institutions, financial advisors, foundations and endowments.
PIMCO is a long-term investor and thought leader. PIMCO's insights and solutions stem from a proven investment process that produces both cyclical (short-term) and secular (three- to five- year) macroeconomic views and that combines those forecasts with in-depth credit research, security analysis and risk management.
PIMCO focuses intensely on providing superior service. From our founding in 1971, PIMCO's team of investment professionals has been dedicated to client service, allowing our portfolio managers to focus on protecting client portfolios and delivering returns. Throughout our four decades PIMCO has been a pioneer and continues to evolve as a provider of investment solutions across all asset classes.
ROLE OF THE ACCOUNT ASSOCIATE
The Account Associate Group serves a unique and dynamic role that is based around the core responsibility of servicing PIMCO's institutional clients. The individuals that make up this team work within the broader account management group to ensure delivery of the highest level of service to clients. The primary responsibility of the associates and analysts is to work alongside account managers as part of dedicated relationship teams, gathering, analyzing, and discussing economic and fixed income trends, evaluating portfolio structures and strategies, and delivering performance attribution analyses. In addition to client servicing responsibilities, most members of the group participate in the Chartered Financial Analyst (CFA) program through the CFA Institute.
KEY RELATIONSHIPS
• PIMCO Investment Professionals including other members of the Account Management Group, Product Managers and Associates, and Portfolio Managers and Trade Assistants
• Current and prospective clients
MAJOR RESPONSIBILITIES
• Gather, analyze, and discuss market trends and data with colleagues and clients
• Analyze portfolio characteristics in the context of broader investment themes
• Evaluate risk reports, perform attribution research and conduct scenario analysis
• Create customized client reports and respond to ad-hoc inquiries
• Draft internal presentations and prepare client-servicing materials
• Summarize and explain complex financial and economic concepts to educate clients
Demonstrated proficiency with Microsoft Excel and strong knowledge of software applications in general, including but not limited to index-provider databases, query tools and Bloomberg.
• Self starter, ability to work within the firm's demanding and highly focused environment
• Outstanding relationship building skills
• Ability to clearly articulate analysis, written and verbally
• Knowledge of fixed income securities and portfolio management techniques
• Work effectively with all levels of personnel as part of a team
• Excellent time-management, multi-tasking, organization and communication skills
• Clear commitment to PIMCO's culture, values and approach
Position Requirements:
EDUCATION
Must possess a four-year college degree with a preferred major in Business/Finance, Economics, or Accounting. Progress toward the CFA designation is a plus.
Account Analyst
Ideal candidates should have 0-2 years of experience in the financial services industry and a strong interest in fixed income and economics. College internships in finance, client-oriented roles are preferred.
Account Associate
Ideal candidates should have 2-4 years of experience in financial services, asset management, investment banking or accounting. A strong background and/or interest in fixed income and economics is important. Ideal candidates are familiar with fixed income instruments and the economic underpinnings of the fixed income asset class.
PIMCO is an Equal Opportunity Employer