Portfolio Associate - Derivatives

Company: PIMCO Europe Ltd.
Location: Newport Beach
Posted on: April 1, 2025

Job Description:

Portfolio Associate - DerivativesPortfolio Associate - DerivativesApply locations Newport Beach, CA USA time type Full time posted on Posted 2 Days Ago job requisition id R105027PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.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 $2.2 trillion in assets for clients around the world. PIMCO has over 3,070 employees in 22 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:Derivatives Desk Portfolio Associate team members directly support the Liquid Products / Commodity trading desk(s) and build relationships internally with Legal and Compliance counterparts, Operations teams, Back Office, and other Portfolio Associate teams across the firm's global offices. Portfolio Associates are routinely encouraged to provide creative solutions and develop key tools and reporting methods to support trade flow.Location: Newport Beach, CARESPONSIBILITIES

• Firm-wide position management of derivatives and assisting the desk(s) in sizing firm-wide trading programs.
• Managing derivative trade flow for the Newport Beach trade floor, including allocation and confirmation of trades.
• Managing the clearing process for Futures and building working relationships with our FCMs.
• Responding to ad hoc requests from the Portfolio Management team.
• Acting as liaison between the trading desk(s) and other internal/external groups.
• Research and resolve ad hoc inquiries.
• Manage trade-related deadlines.
• Utilizing technology to create efficiencies and improve processes to daily workflow.REQUIREMENTS
• Bachelor's degree from an accredited college/university with an emphasis in Economics or Finance and 2-4 years equivalent work experience in the investment management or securities industry.
• Technology skills, specifically Bloomberg, Microsoft Excel (programming).
• Able to work independently and as part of a team; intuitive and a quick learner.
• Thoughtful and ethical; demonstrates good judgment and strong decision-making skills.
• Excellent organizational and prioritization skills and attention to detail.
• Strong interpersonal and leadership skills; ability to network with various departmental personnel.
• Excellent written and verbal communication skills.
• Have a bias-to-action, results-oriented approach to work; willingness to do whatever it takes to help the team.
• Working knowledge of derivative listed/OTC instruments, specifically commodity products a plus.BENEFITSPIMCO 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.PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.Salary Range: $ 105,000.00 - $ 115,000.00Equal Employment Opportunity and Affirmative Action StatementPIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.Applicants with DisabilitiesPIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.
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Keywords: PIMCO Europe Ltd., Newport Beach , Portfolio Associate - Derivatives, Other , Newport Beach, California