Index Solutions Associate at PIMCO

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

07 Jun, 26

Salary

0.0

Posted On

09 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Index Data Management, Benchmark Management, Risk Measures Validation, Data Integrity, Project Management, Problem-Solving, Collaboration, Attention To Detail, SQL, Programming Languages, Quantitative Analysis, Fixed Income Mathematics, Performance Attribution, Risk Modeling, Data Analysis, Client Directives Implementation

Industry

Investment Management

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. Role Overview The Index Solutions team is responsible for the onboarding and management of index data for use as benchmarks against portfolios, risk management, and research into new products and client opportunities. These indices are crucial for measuring performance, managing risk, and informing investment decisions. The team’s primary responsibility is to ensure the accurate representation of financial indices within PIMCO systems, including the recurring periodic rebalancing of indices and the administration of indices to PIMCO funds and separately managed accounts. Index Solutions collaborates with multiple groups within PIMCO, including portfolio management, account management, product strategy, technology, and other operations groups to ensure the timely and accurate representation of index data and its use cases within the firm. As an Index Solutions Associate, you will play a critical role in the onboarding, maintenance, and administration of index data. You will ensure the accuracy, integrity, and efficiency of index data management processes while collaborating with various stakeholders to meet client needs and regulatory requirements. About You If the following qualities resonate with you, we encourage you to apply for this exciting opportunity: You are a strategic thinker, understanding how your role and projects contribute to business objectives Your organizational and project management skills are exceptional, allowing you to handle multiple initiatives and tasks simultaneously You are a resourceful problem-solver, approaching complex issues with a critical mindset and finding creative solutions Self-motivation is a driving force for you, consistently delivering on assigned responsibilities with a focus on excellence, attention to detail, and effective interpersonal and communication skills You thrive in fast-paced environments, embracing shifting priorities and enjoying the challenge of working with ambiguity Collaboration is at the core of your work style, building positive relationships and partnering effectively across diverse teams and external vendors, enabling others to reach their full potential Your track record demonstrates credibility and trustworthiness through consistent behavior, high ethical standards, confidentiality, respect for others, integrity, and sound judgment Intellectual curiosity drives you, with a dedication to professional development and staying informed about emerging trends You possess high emotional intelligence, adaptability, and resilience Navigating unstructured processes and managing multiple demanding responsibilities is a proven strength of yours You actively contribute to fostering a positive work environment and cultivating a strong organizational culture You align with PIMCO's values of Collaboration, Openness, Responsibility, and Excellence, which guide our commitment to delivering the best for our clients and each other Responsibilities The key responsibilities include, but are not limited to: Collaborate with Account Management and Portfolio Management teams to implement client directives regarding benchmark changes Conduct validations of index risk measures, prices, and security-level compositions Research and review beginning and end-of-day controls and pricing exceptions processes, including developing new algorithms to identify and correct index data quality issues Analyze index vendor data and create detailed documentation for new and existing data sources, working with technology and vendors to standardize data Perform analysis and construct benchmarks within PIMCO systems using vendor data, applying business rules to create composites and derive sub-indices, including the addition of currency hedges if necessary Review and validate index-related invoices Catalogue long-term issues and remediation items for development prioritization Research and respond to inquiries from the firm regarding index data and index mechanics Review internal performance reports and research outlier exceptions Collaborate with senior team members on new project and development needs Qualifications Minimum of a Bachelor's Degree required, preferably in Finance, Math, Statistics, Computer Science, Economics, Engineering or another quantitative background. A Master’s Degree and/or CFA preferred Experience building and maintaining benchmarks and indices; validation of index risk measures, prices, and security-level compositions; performing end-of-day pricing and corporate actions processes; processing monthly index rebalances, and addressing performance-related queries is preferred Previous experience effectively interfacing with portfolio managers, account managers, and other internal colleagues related to index data is preferred. Prior index vendor experience is preferred Hands-on experience with performance attribution and risk modeling is preferred Knowledge of quantitative fixed income mathematics and a strong understanding of portfolio/risk management fundamentals is preferred Intermediate-to-advanced SQL and/or programming languages is preferred 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.

Responsibilities

The Index Solutions Associate will be responsible for onboarding, maintaining, and administering index data, ensuring its accuracy and integrity for use as benchmarks in portfolios, risk management, and research. Key tasks include collaborating with various teams to implement client directives, conducting validations of index risk measures and compositions, and analyzing vendor data.