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 DESCRIPTIONPIMCO has relied on quantitative strategies and intellectual rigor to drive alpha in markets for over 30 years. We are seeking an experienced Quantitative Equity Research Analyst for our rapidly growing systematic equity business to accelerate alpha research, broaden our equity signal set beyond single name equities, and help drive new initiatives within our Equities, Portfolio Management - Implementation team.
The ideal candidate will have 5+ years of experience in systematic investing in equities, with exposure to low-to-medium frequency strategies and differentiated alpha signals. This includes but is not limited to: style-timing, event-driven signals such as filings, corporate actions and index events, and strategies based on flow, positioning and crowding-related dynamics, including ETF-driven flows.
Daily responsibilities include generating ideas for alpha generation in equities, sourcing and evaluating relevant data to develop signals, back testing and incorporating signals into live strategies.
REQUIREMENTSUndergraduate degree in finance, economics, computer science, statistics, engineering, econometrics, or a related field. Advanced degree is a plus
Minimum of 5 years of experience in the financial industry developing medium to low frequency systematic equity alpha signals with proven ability to generate differentiated research ideas
Experience predicting returns, modeling individual sectors and companies, and generating alpha ideas across style, country, and sector timing, event-driven signals, flow, positioning and crowding-related dynamics.
Experience in portfolio construction and good understanding of optimization. Transaction cost modeling experience is a plus
Proficiency with Python programming, including writing production-quality code and contributing to research and production engines
Excellent analytical and quantitative skills, with strong attention to detail and ability to drive results
Strong communication skills with ability to communicate research to key stakeholders and clients (including non-technical audiences)
Strong investment intuition and understanding of finance, statistics, econometrics
Would be an added benefit to have exposure to non-traditional modeling techniques ("machine learning").
Salary Range: $ 205,000.00 - $ 292,000.00
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
- Undergraduate degree in finance, economics, computer science, statistics, engineering, econometrics, or a related field
- Minimum 5 years of financial industry experience developing medium- to low-frequency systematic equity alpha signals
- Proven ability to generate differentiated systematic equity research ideas
- Experience predicting returns and modeling individual sectors and companies
- Experience generating alpha ideas across style, country, and sector timing, event-driven signals, flow, positioning, and crowding-related dynamics
- Experience in portfolio construction and understanding of optimization
- Proficiency with Python, including production-quality code and contributions to research and production engines
- Excellent analytical and quantitative skills with strong attention to detail
- Strong communication skills, including communicating research to non-technical audiences
- Strong investment intuition and understanding of finance, statistics, and econometrics
- Advanced degree
- Transaction cost modeling experience
- Exposure to non-traditional modeling techniques such as 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.
