Quantitative Research Analyst

Posted 7 Days Ago
Be an Early Applicant
Newport Beach, CA
In-Office
165K-270K Annually
Junior
Financial Services
The Role
The Quantitative Research Analyst collaborates with Portfolio Managers to enhance portfolio construction, develop new alpha generation signals, and improve execution strategies in Credit markets, leveraging quantitative strategies and data science.
Summary Generated by Built In

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 a Quantitative Research Analyst to join us in our Newport Beach, CA office to continue to build upon our expansive quantitative capabilities and help drive new initiatives in our Portfolio Management - Implementation team. You will proactively engage with our Quants, Portfolio Managers, and Technologists across various mandates with a focus on deepening our models for alpha generation, optimal execution and portfolio construction.

Our ideal candidate will be a self-starter with a deep quantitative background, and a strong grounding data science. The candidate would have a strong commitment to rigor and excellence in research, whilst not losing sight of practicalities in delivering results. As well, he/she will have the ability to communicate complicated technical issues clearly to senior management and portfolio managers.

Daily responsibilities include working closely with Portfolio Managers on portfolio construction, developing new signals for alpha generation and improving execution strategies in Credit and other related markets. 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 finance, computer science, statistics, engineering, economics, econometrics, or a related field
  • 1-3 years of experience in financial industry performing econometric/statistical modeling with proven ability to build and test models using large datasets
  • Experience in Fixed Income markets, especially Credit, is a plus
  • Strong programming skills and numerical problem-solving techniques; proficiency with Python with a preference for experience with high frequency data
  • Excellent analytical and quantitative skills, self-starter willing to lead by doing with strong attention to detail and desire to drive results
  • Exposure to non-traditional modeling techniques & ability to leverage AI methods to improve models and performance, is a plus
  • Strong verbal communication skills with ability to articulate issues and solutions to Portfolio Managers, Credit researchers and developers
  • Ethical, collaborative, organized, flexible, high energy, accountable, humble

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: $ 165,000.00 - $ 270,000.00

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.

Top Skills

Python
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The Company
HQ: Newport Beach, CA
4,129 Employees
Year Founded: 1971

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.

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