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
PIMCO has relied on quantitative strategies and intellectual rigor to drive alpha in fixed income markets for over 30 years. We are seeking an experienced Quantitative Research Analyst to continue to build upon our expansive quantitative capabilities and help drive new initiatives in our Portfolio Management - Implementation team.
The ideal candidate will have experience in systematic investing especially in Credit and be excited at the prospect of deploying the latest quantitative techniques and financial theory across our business bringing efficiency, consistency and scale. The role will look to leverage quantitative frameworks, blending best practices of incorporating systematic alpha signals & portfolio construction techniques into PIMCO’s investment process.
Daily responsibilities include working closely with portfolio managers on portfolio construction, developing new signals for alpha generation in Credit and other related asset classes. The role provides opportunities to work with PIMCO’s world class PM and trading functions to implement these signals and techniques in portfolios.
REQUIREMENTS
- Masters or PhD Degree in computer science, statistics, engineering, finance, economics, econometrics, or a related field
- Minimum 7 years of experience in financial industry performing econometric/statistical modeling of credit with proven ability to build and test models using corporate fundamentals
- Experience in predicting returns, modeling individual sectors and companies is desirable
- Proficiency with Python programming
- Excellent analytical and quantitative skills, with strong attention to detail and ability to drive results
- Self-starter who is accountable and motivated by collaborating with PMs and offering robust, scalable solutions to them
- Strong verbal communication skills with ability to articulate issues and solutions to portfolio managers, credit researchers and developers
- Would be an added benefit to have exposure to non-traditional modeling techniques ("machine learning").
BENEFITS
PIMCO 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
Salary Range: $ 205,000.00 - $ 305,000.00
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
- Masters or PhD Degree in computer science, statistics, engineering, finance, economics, econometrics, or a related field
- Minimum 7 years of experience in financial industry performing econometric/statistical modeling of credit
- Proficiency with Python programming
- Experience in predicting returns, modeling individual sectors and companies
- Exposure to non-traditional modeling techniques like machine learning
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.
