Investment Operations Associate

Employer
PIMCO
Location
Singapore, Singapore
Salary
Competitive
Posted
31 Jan 2023
Closes
02 Mar 2023
Ref
17995894
Job Function
Operations
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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.

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.

Position Description:

The Asia Investment Operations Specialist proactively and accurately manages a variety of investment operations activities. The role involves cash/liquidity management, collateral margining, asset set up, derivatives confirmation, claims management, coordination of portfolio transition events, and account management servicing. The position involves daily interaction with Portfolio Managers/Traders, Trade Compliance, Client Facing Professionals, Back Office Operations, Custodian Banks and Brokers. The candidate will support the Sydney, Tokyo, Singapore and Hong Kong trading desks covering APAC markets. The role also requires direct interfacing with Middle Office/Project Management & Onboarding/Operations staff and other teams located around the globe. This position requires assertiveness, acute attention to details, and an aptitude for managing multiple competing priorities with minimal oversight or direction. Additionally, this position requires agility in a challenging and fast-paced environment.

Responsibilities:

Daily Tasks:
  • Run cash investing and liquidity models/report for Traders
  • Agree/dispute collateral margin calls and facilitate pull backs on excess collateral
  • Address inquiries from Portfolio Management and Account Management Teams
  • Assist with the oversight and resolution of trade settlement issues, fails, and claims
  • Perform daily asset set up function of various securities, such as, bond, derivatives, and equities
  • Perform derivatives confirmation on the MarkitWire platform (MW)
Monthly Tasks:
  • Client Reportings
  • Ad-Hoc:

    Leading projects and initiatives to enhance PIMCO's operational and trading capabilities

    Research and resolve inquiries from internal and external groups

    Building and/or supporting the development of metric reports that pinpoint areas or risk to be presented to senior management
Position Requirements:
  • Bachelor's degree from an accredited college/university in Accounting, Economics or Finance preferred
  • 6+ years of work experience in the investment management or financial service industry
  • Strong knowledge in cash and collateral management, Asset set up (reference data knowledge), transition events handling, and claims management.
  • Minimum of 6 years of solid knowledge and experience in collateral management is a must
  • Product knowledge in processing and settlement of various financial products (Fixed Income, Forex, Derivatives, Repos, TBAs and Equity products recommended)
  • Knowledge in Asia markets onboarding will be a plus
  • Strong and solid experience in managing processes, prioritizing multiple tasks within a fast paced, high pressure environment, and possess an acute attention to details
  • Strong and solid experience in managing internal stakeholders (PMs, AMs) and external stakeholders (Custodian Banks, Brokers)
  • Strong working knowledge with MS computer applications, Bloomberg trade order management system, DTCC DS Match, MarkitWire and novation consent platforms desirable
  • Strong Excel and database knowledge; SQL, Macros, Python programming knowledge will be a plus
  • Able to work independently and across various teams, intuitive and a quick learner
  • Self-motivated problem solver and results oriented; contributing to the firm's success
  • Strong team player; ability to partner effectively with multiple teams
  • Strong and robust control mindset. Adapt to new ideas, process and control implementation with
  • Strong written and verbal English and Chinese communication skills
  • Thoughtful and ethical; demonstrates good judgement and decision-making skills
  • Thrive in a fast-paced and dynamic environment
  • Flexible in Team's shift arrangements (covering all APAC markets - may need to cover on Singapore holidays)
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.