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Middle Office Associate / Senior Associate
Salary undisclosed
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Middle Office primary responsibility is management and governance over a key control environment that supports the day-to-day trade life cycle of the PIMCO Portfolio Management team. The Team supports Sydney, Tokyo, Singapore and Hong Kong Fixed Income Portfolio Management Teams, trading across all APAC markets and various product types from Fixed Income to Equity products. Middle Office team members collaborate across internal functional teams: Portfolio Management, Trade Support, Legal & Compliance, Operations, Technology and State Street IMS (back office).In addition, Middle Office team members regularly engage with external parties such as brokers, custodian banks and third party trading platforms for issues resolution, system enhancements and market initiatives/projects.Responsibilities:Trade related tasks
1. Perform block trade confirmations in STP or on paper vs. broker confirms
2. Facilitate and monitor trade flow process in STP queue
3. Research and resolve daily inquiries from internal and external groups
4. Achieve and maintain operational excellence in adherence to internal policy and proceduresDaily Reporting
1. Prepare and distribute daily trade activity and end of day reports
2. Perform daily Equity position and market value reconciliations
3. Monitoring for APAC Regulatory Trade Reporting & resolve any late trades to prevent regulatory breachAd Hoc
1. Assist in the monthly metrics reporting and work with back office to resolve identified risk items
2. Participate in projects to enhance PIMCO’s operational environment
3. Utilize technology to create efficiencies and improve processes to daily workflow
4. Develop and analyze internal trade flow metrics and recommend process improvementsAssist Operations Manager
1. Support Ops Manager in completing any assignment related to day-to-day requests from Operations, Portfolio, or Account
Management Teams
2. Provide support in servicing client operational inquires and requestsPosition RequirementsBachelor’s degree from an accredited college/university preferred in Economics or Finance major3+ years of work experience in the investment management or financial service industryDirect work experience in Middle Office/Trade Support and knowledge on APAC markets a plusProduct knowledge in processing and settlement of various financial products (Fixed Income, Forex, Derivatives and Equities)Strong written and verbal English communication skillsStrong reading, written and verbal Mandarin communication skills a plusAble to work independently and across various teams, intuitive and a quick learnerThoughtful and ethical; demonstrates good judgement and strong decision-making skillsSelf-motivated problem solver, team player and results oriented; contributing to the firm’s successOpen-minded and adapt to new ideas, process and control implementationFlexible in Team’s shift arrangements (covering all APAC markets – coming in as early as 6am and may need to come in on Singapore holidays)Experience with MS computer applications, Bloomberg trade order management systems and matching utilities preferredThe role is hiring at Associate level however those with relevant experience maybe considered at Senior Associate.Equal Employment Opportunity and Affirmative Action StatementPIMCO 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 DisabilitiesPIMCO 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.
Middle Office primary responsibility is management and governance over a key control environment that supports the day-to-day trade life cycle of the PIMCO Portfolio Management team. The Team supports Sydney, Tokyo, Singapore and Hong Kong Fixed Income Portfolio Management Teams, trading across all APAC markets and various product types from Fixed Income to Equity products. Middle Office team members collaborate across internal functional teams: Portfolio Management, Trade Support, Legal & Compliance, Operations, Technology and State Street IMS (back office).In addition, Middle Office team members regularly engage with external parties such as brokers, custodian banks and third party trading platforms for issues resolution, system enhancements and market initiatives/projects.Responsibilities:Trade related tasks
1. Perform block trade confirmations in STP or on paper vs. broker confirms
2. Facilitate and monitor trade flow process in STP queue
3. Research and resolve daily inquiries from internal and external groups
4. Achieve and maintain operational excellence in adherence to internal policy and proceduresDaily Reporting
1. Prepare and distribute daily trade activity and end of day reports
2. Perform daily Equity position and market value reconciliations
3. Monitoring for APAC Regulatory Trade Reporting & resolve any late trades to prevent regulatory breachAd Hoc
1. Assist in the monthly metrics reporting and work with back office to resolve identified risk items
2. Participate in projects to enhance PIMCO’s operational environment
3. Utilize technology to create efficiencies and improve processes to daily workflow
4. Develop and analyze internal trade flow metrics and recommend process improvementsAssist Operations Manager
1. Support Ops Manager in completing any assignment related to day-to-day requests from Operations, Portfolio, or Account
Management Teams
2. Provide support in servicing client operational inquires and requestsPosition RequirementsBachelor’s degree from an accredited college/university preferred in Economics or Finance major3+ years of work experience in the investment management or financial service industryDirect work experience in Middle Office/Trade Support and knowledge on APAC markets a plusProduct knowledge in processing and settlement of various financial products (Fixed Income, Forex, Derivatives and Equities)Strong written and verbal English communication skillsStrong reading, written and verbal Mandarin communication skills a plusAble to work independently and across various teams, intuitive and a quick learnerThoughtful and ethical; demonstrates good judgement and strong decision-making skillsSelf-motivated problem solver, team player and results oriented; contributing to the firm’s successOpen-minded and adapt to new ideas, process and control implementationFlexible in Team’s shift arrangements (covering all APAC markets – coming in as early as 6am and may need to come in on Singapore holidays)Experience with MS computer applications, Bloomberg trade order management systems and matching utilities preferredThe role is hiring at Associate level however those with relevant experience maybe considered at Senior Associate.Equal Employment Opportunity and Affirmative Action StatementPIMCO 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 DisabilitiesPIMCO 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.