Associate - Asia Investment Operations - Singapore
Location: Singapore, Singapore
Type: Full Time
Internal Number: 12158007
We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $2.22 trillion in assets for clients around the world. PIMCO has over 3,000 employees in 20 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.
PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.
The Asia Operations Associate proactively and accurately manages a variety of investment operations activities. The role involves cash/liquidity management, collateral margining, asset set up, co-ordination of portfolio transition events, bank/broker oversight, and claims management. 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 1. Run cash investing and liquidity models/report for Traders 2. Agree/dispute collateral margin calls and facilitate pull backs on excess collateral 3. Address inquiries from Portfolio Management and Account Management 4. Assist with the oversight and resolution of trade settlement issues, fails, and claims 5. Perform daily asset set up function of various securities, such as, bond, derivatives, and equities
??? Daily Reporting 1. Perform daily reconciliation of cash forecast 2. Analyze liquidity and cash overdraft projection reports ??? Ad Hoc 1. Leading projects and initiatives to enhance PIMCO's operational and trading capabilities 2. Research and resolve inquiries from internal and external groups 3. Building and/or supporting the development of metric reports that pinpoint areas or risk to be presented to senior management
??? Bachelor's degree from an accredited college/university preferred in Accounting, Economics or Finance major ??? 2+ years of work experience in the investment management or financial service industry ??? Direct work knowledge in cash, collateral management, Asset set up (reference data knowledge), transition events handling, and claims management ??? Product knowledge in processing and settlement of various financial products (Fixed Income, Forex, Derivatives, Repos, TBAs and Equity products recommended) ??? Familiarity with ISDA, GMRA, and MSFTA documentation preferred ??? Experience in managing processes, and prioritizing multiple tasks within a fast paced, high pressure environment, and possess an acute attention to details ??? Strong written and verbal English communication skills ??? Experience 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 ??? Thoughtful and ethical; demonstrates good judgement and strong decision-making skills ??? Self-motivated problem solver and results oriented; contributing to the firm's success ??? Strong team player; ability to partner effectively with multiple teams ??? Open-minded and adapt to new ideas, process and control implementation ??? Flexible in Team's shift arrangements (covering all APAC markets - coming in as early as 6am and may need to come in on Singapore holidays)