Quantitative Research Analyst - Special Situations
PIMCO
Application
Details
Posted: 19-Jun-24
Location: Newport Beach, California
Type: Full-time
Salary: Open
Internal Number: 20736978
PIMCO 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.
JOB DESCRIPTION
We are seeking an experienced Quantitative Strategist to join our Alternatives Investment team in Newport Beach. Our Alternatives business has continued to expand fund offerings and remains a key driver of growth for the firm investing in asset-backed structured products and PE across the US and Europe. These funds focus on fundamental and relative valuation across capital structures and asset classes, with an emphasis on performing, non/re-performing loans in: residential, commercial and consumer credit asset classes.
This role offers the platform to partner with an industry leading deal-team in valuing and pricing complex transactions in banking, asset servicing, insurance / re-insurance and lending markets. You will be responsible for analyzing private investment opportunities in: special situations, specialty finance and other non-conventional assets whilst contributing to the firm's analytical infrastructure though the development of new pricing models and programming code/libraries.
Our ideal candidate will have a track record of partnering with the front office in deploying quantitative techniques to analyze structured finance/credit, credit derivatives and CDO/CLO opportunities and be excited by the prospect of working on some of the most complex deals / structures in the industry.
REQUIREMENTS
Advanced degree in a quantitative discipline such as mathematics, science, engineering, statistics, or physics
4+ years of front office quant experience at a top sell or buy side firm
Experience with structured finance/credit, credit derivatives and CDO/CLOs, strong knowledge of corporate finance, and some experience with consumer credit
Strong programming skills and numerical problem solving techniques, proficiency with scripting languages (Python or Slang)
Preference for 4+ years of python development experience in a professional capacity / deep knowledge of Python 3.6+
Strong attention to detail and ability to deliver results. Self-starter who is accountable, low ego, and motivated by integrating with the trade floor
Able to articulate issues and explain herself/himself to portfolio managers and developers
Ethical, collaborative, organized, flexible and high energy
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: $ 205,000.00 - $ 240,000.00
Equal Employment Opportunity and Affirmative Action Statement
PIMCO 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 Disabilities
PIMCO 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.