ETF Capital Markets Specialist
New York, NY 
Share
Posted 6 days ago
Job 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.

About PIMCO's ETF platform:

Globally PIMCO manages over $33Bn in ETF assets across US, Europe, Canada and Latin America. In the US, PIMCO has a highly successful ETF business with 22 ETFs and approximately $25Bn in assets, primarily in actively managed fixed income strategies making it one of the largest issuers of active fixed income ETFs - a growing area of the ETF market.

As the premier active fixed income manager in the world, PIMCO is especially committed to growing its Fixed Income ETF business and to expanding the firm's presence in the ETF market globally. This is an opportunity to join an entrepreneurial team in the early stages of expanding PIMCO's already successful ETF business.

About ETF Capital Markets function:

The ETF Capital Markets function sits at the center of PIMCO's ETF business and works towards the following goals:

  • Ensure our clients can access superior liquidity & trade execution on PIMCO ETFs
  • Own & develop PIMCO ETFs' ecosystem including relationships with market makers & APs providing liquidity to PIMCO ETFs
  • Manage ETF specific investment & trade operations delivering efficient portfolio implementation of PIMCO ETFs
  • Assist ETF sales process with ETF liquidity discussions

Primary Responsibilities:

  • Monitor secondary market trading in PIMCO ETFs to ensure efficient trading and adequate liquidity
  • Be the point of contact for APs & market makers for primary order activity on PIMCO ETFs
  • Work closely with ETF PMs, ETF trade operations & ETF quant/technology teams to ensure efficient portfolio implementation, especially when dealing with in-kind primary order workflow
  • Assist in the ETF sales process with prospects and existing clients to ensure superior client experience trading PIMCO ETFs

Position Development Value:

  • ETF Capital Markets function is fully embedded in PIMCO's trade floor. This role would interact and work closely with several senior PIMCO portfolio managers across various asset classes to not only manage PIMCO ETF portfolios, but also on usage and trading of ETFs broadly across PIMCO. A successful candidate would keep PIMCO trade floor informed and updated about trading & product growth in ETFs.
  • ETF Capital Markets function additionally works very closely with leads in ETF product strategy, ETF sales & marketing on business development aspects. As ETF product experts, ETF Capital Markets team drives new product development & existing product optimization.
  • The role would have direct interface with the ETF ecosystem including APs, market makers, exchanges & various vendors, and would require coordination with various internal stakeholders including PMs, Sales, Product, Operations, Technology, Legal & Compliance.

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: $ 155,000.00 - $ 185,000.00

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 are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
Open
Email this Job to Yourself or a Friend
Indicates required fields