FIG Account Manager, VP (German) recruitment

Job ID: 12666

Position Description:
This role is based in Munich: Seidlstr. 24-24a, 80335 München

Company Overview: Established 40 years ago, PIMCO is today recognised as one of the world's leading investment management firms. With 12 international offices, we aim to provide local solutions and service to clients across the globe. Our on-the-ground presence in Europe - with offices in Amsterdam, London, Milan, Munich and Zurich - spans more than 10 years. With a successful track record in active fixed income management, PIMCO became part of the Allianz Group of companies in 2000, operating as an autonomous entity of the Group's asset management arm. Since then, PIMCO has experienced consistent growth across the range and diversity of strategies we manage, the type of clients we service, and the assets we manage on their behalf.

As of 31 December 2012 PIMCO has been entrusted to manage over US$1.3 trillion / €1 trillion of client assets, of which US$232 billion / €174.5 billion is managed or serviced in Europe. We are a global investment solutions provider with a long history in fixed income management. PIMCO has expertise and significant resources committed to virtually every sector of the global bond market. Through both pooled and segregated accounts, we offer a full spectrum of core and alternative fixed income strategies across domestic, regional and global mandates. Importantly, as markets have evolved, we have worked closely with our clients to understand their particular investment requirements and to develop new strategies and innovative solutions to meet their objectives. These solutions might include our broad fixed income capabilities or strategies such as equities or commodities. Moreover, we have well developed platforms for LDI, absolute return and asset allocation solutions.

PIMCO has enjoyed a stable organisation throughout our 40-year history. We have attracted and retained key professionals, in part by providing a dynamic working environment and culture that rewards staff for excellence and their contribution, and partly owing to competitive financial incentives. Many of the professionals who were instrumental in PIMCO's founding and subsequent growth continue to be active in its management. We remain focused on our mission to Manage Risk and Deliver Returns for our clients.

Position Overview: Our firm is organized into four areas: Account Management, Product Management, Portfolio Management and Business Management. This structure, unique to the industry, is designed to promote the growth of our professionals and the firm by empowering each group to focus on what it does best. You would be part of the Munich based team "Account Management Germany Austria", which covers institutional clients in these two markets. We believe this is the most effective way to meet our clients' needs.

Essential Job Functions: The primary responsibility of Account Management is to foster and strengthen relationships with our institutional client base. Account Managers' responsibilities include:
• communicating PIMCO's economic outlook and portfolio strategy to clients,
• monitoring portfolios for compliance with the firm's strategy and client guidelines,
• and educating clients about a broad set of investment solutions.

Account Managers actively contribute to the firm's investment strategy and important client-related activities through participation in events such as PIMCO's Secular and Cyclical Forums, client road shows/educational seminars and industry conferences.

Position Requirements:
Requirements:
• The ideal candidate will possess expertise in macroeconomics, business cycle analysis, and fixed income markets attained through coursework, individual study and prior work experience
• Preference will also be given to candidates with extensive experience working with executive-level management.
• Articulate ideas/strategies clearly, both verbally and in writing
• Strong motivation and exceptional organisation skills are essential
• Demonstrate strong interest in the financial markets, investment finance and macroeconomics
• Possess outstanding analytical and mathematical abilities
• Enjoy working collaboratively across the organization in a team environment, including with senior level management
• Focus on specific, ambitious goals, and demonstrate a sense of personal accountability and urgency for achieving results
• Desire to make contributions and grow with the organization through a variety of developmental/promotional assignments (the nature of which will be based on available opportunities and actual performance in the current role)
• A collegial work style with strength of convictions
• The ability to remain calm and objective during periods of excessive optimism or extreme pessimism in the capital markets
• Unassailable ethics and integrity
• Commitment to PIMCO's culture, values and approach

Education: We require an MBA or other equivalent advance degree program with an emphasis in Finance, Economics or a related, quantitative/analytical field from an accredited, leading business school or university. Preference will be given to candidates whose field of study provides exposure to finance, capital markets and macroeconomics. A Chartered Financial Analyst (CFA) designation is required, so candidates must be willing to pursue the CFA designation after joining PIMCO.

Languages: Native German and fluency in English is a must, any additional European languages would be of advantage.

What we are offering:

• You become part of one of the world's largest and most respected investment houses
• You will work in an international and multilingual environment with our employees around the world
• Your colleagues are among the best global investment professionals
• You can expect a challenging and broad area of responsibility
• Intensive training and transition support through our on-boarding program and Investment Professional training in the U.S.
• Thanks to our flat hierarchies, you act independently and deliver your own ideas
• We offer performance-based compensation in line with your qualifications, with excellent career opportunities in a growing, ambitious and client focused company

Are you interested? We look forward to receiving your complete application documents, preferably by e-mail, including report cards, indicating your earliest possible starting date. All applications should be sent to tracy.buys@pimco.com.