Job details

Specialist - SMA Operations

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.

As a Specialist, you will play an integral role in servicing our Separately Managed Account (SMA) business, providing the highest quality support relating to new accounts supervision, and delivering “best in class” service by:

Managing daily queues for new account restrictions, transfer in-kinds, state preference, strategy changes and work with Account Managers to resolve any issues
Researching and escalating account breaks and working with back office to reconcile account discrepancies in a timely manner
Responding to daily inquiries from other internal PIMCO departments regarding SMA accounts
Coordinating new sponsor relationships and onboarding process with Account Managers
Initiating new account process and working with internal operations to ensure timely set up
Assisting Portfolio Managers with tax selling process, including downloading cost basis from custodians and coordinating client specific requests
Reconciling model accounts on monthly basis and communicating model changes internally
Collaborating with Compliance and Account Managers to complete quarterly custodial questionnaires and bi-annual reviews
Supporting team with quarterly access review for SMA systems and applications ensuring compliance regulations are met
Focus on improving processes across the board; from order generation, account maintenance, trade settlement to data management

Qualifications:

To be successful in this role our qualified candidate will have:

Bachelor’s degree from an accredited 4-year institution

5+ years of experience in financial services, asset management, investment banking or accounting; working knowledge of Operations and Client Service preferred; FINRA registrations are a plus
Strong interpersonal and problem-solving skills with the ability to work effectively and collaborate in a dynamic, fast paced team environment
Ability to take direction from multiple parties, work independently, balance multiple deadlines and assignments simultaneously
Detail oriented, well organized and flexibility to easily adapt to change
High level of professionalism, exceptional verbal and written communication skills, and a “team” attitude
Proficiency in Excel, Word, and Outlook
Supervisory and process improvement experience a plus

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: $ 96,000.00 - $ 115,000.00

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.

PIMCO Glassdoor Company Review

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