PIMCO

Compensation

Full Description

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. PIMCO is seeking an associate or VP level CMBS/CRE Portfolio Manager to be part of its opportunistic investment team based in Newport Beach, CA. The candidate will assist the team in underwriting and making investment decisions in CMBS and other real estate-related assets for various PIMCO funds. The candidate will assist in the evaluation of both CMBS and opportunistic debt and equity investments for PIMCO’s alternative funds. RESPONSIBILITIES Assist in asset-level credit underwriting on CMBS and CRE loans, and identify investment opportunities Prepare investment memos/notes to be presented to senior portfolio managers Review of Prospectus, Pooling and Servicing Agreements, Indentures and appraisals associated with securities offerings Monitor and analyze the performance of existing investments Support the development of new business initiatives in CMBS/CRE and other opportunistic investments for the firm POSITION REQUIREMENTS Proficiency in Excel, Bloomberg, and Intex (preferred) 2-5+ years on a CMBS trading desk or CMBS syndicate group on sell-side, or equivalent experience in private equity or real estate investment management-related field Must have CRE underwriting experience Outstanding academic credentials and demonstrated leadership capabilities Strong work ethic and integrity, candidate should be a team player that is proactive and self-motivated Strong analytical, interpersonal communication, and writing skills Compensation will be dependent on experience and level the successful candidate is hired. 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: $ 150,000.00 - $ 240,000.00 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. We believe that active management is the responsible way to invest our clients' assets in fixed income. For 50 years, we have worked relentlessly to help millions of investors pursue their objectives - regardless of shifting market conditions. Our clients rely on an investment process that has been tested in virtually every market environment. Bringing together our investment professionals from across the globe, PIMCO's investment process is designed to promote fresh ideas and differing points of view. We innovate to give our clients an edge. Innovation has long been part of the fabric of PIMCO’s culture. Explore how we assess shifting risks and opportunities to build forward-looking solutions for investors.