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.
The team:
We have a diverse, hardworking and collegial team of professionals representing different levels of experience across the financial services and asset management industry. Our team environment promotes open communication, ability to collaborate on special projects, opportunities to be challenged while honing your skill set along the way.
We’re committed to the success of our Associates and will provide you with comprehensive training and mentorship from our experienced staff. In addition, you’ll have an opportunity for career growth in our dynamic team that we describe as the "gold standard" in client service.
The opportunity:
As a Money Movement Associate, you’ll be a primary contact for our clients and internal partners, and provide “best in class” service by:
- Effectively processing and detailing money movement requests received from clients while adhering to all wire processing quality and operational controls
- Authenticate outgoing wire requests with an authorized representative of the account via phone
- Monitor wire processing status and confirm wire completion
- Coordinate with Portfolio Management team to accurately communicate cash needs for the client
- Audit money movement transactions to ensure compliance with internal controls
- Prepare internal cash management systems for processing workflows between teams
- Work reciprocally with various teams both internally and externally to resolve and follow up on client requests and issues, as well as provide support on special projects
- Develop new team processes and proactively seek to improve existing team workflows by refining and implementing changes to existing procedures
- Provide confirmation and monitor new deposits into client accounts
Qualifications:
To be successful in this role our qualified candidate will have:
- Bachelor’s degree from an accredited 4-year institution
- 1-4 years of experience in financial services, asset management, investment banking or accounting; working knowledge of Operations and Client Service preferred
- Due to nature of risk with responsibilities, attention to detail and accuracy are required
- Ambitious, ethical, and capable of building positive relationships
- Engaging communication skills, both oral and written
- Works well in a team environment and open to collaboration
- Working knowledge of Advent APX or APL or with a portfolio accounting system is a plus
- Ability to obtain FINRA Series 7 & 63 licenses within 90 days
Salary Range: $ 72,000.00 - $ 88,000.00
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.
Skills Required
- Bachelor's degree from an accredited 4-year institution
- 1-4 years of experience in financial services, asset management, investment banking or accounting
- Attention to detail and accuracy
- Engaging communication skills, both oral and written
- Working knowledge of Advent APX or APL or with a portfolio accounting system
- Ability to obtain FINRA Series 7 & 63 licenses within 90 days
PIMCO Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about PIMCO and has not been reviewed or approved by PIMCO.
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Leave & Time Off Breadth — Paid time off is described as generous, with substantial vacation at hire and additional time accruing with tenure. Time away is regarded as a highly important part of the package.
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Healthcare Strength — Health coverage is portrayed as comprehensive across medical, dental, vision, disability, and life insurance, complemented by wellness options such as on-site fitness and health savings accounts. These offerings are consistently characterized as strong.
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Retirement Support — Offerings include 401(k) matching and Roth 401(k), with an employee stock purchase program available alongside tax-advantaged accounts. The breadth of long-term financial benefits is emphasized as a strength.
PIMCO Insights
What We Do
PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting marketing conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions, and service to our clients.
