Quantitative Research Analyst

PIMCO
London
6 days ago
Create job alert
Quantitative Research Analyst

Join to apply for the Quantitative Research Analyst role at PIMCO


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.


Job Description

The alternatives business at PIMCO continues to expand its fund offerings and remains a key growth area for the firm. We are seeking a quantitative analyst / desk quant to join our London front office trading analytics team to support this expansion and assist Portfolio Managers in their investment and asset management decisions.


The London team covers a variety of asset classes, for US, Europe, and Asia, with a focus on asset‑backed finance (ABF), performing and non‑performing loans, SRTs, unsecured lending, and consumer credit asset classes. The focus of the role will be to perform initial value deal assessments via data analysis, modelling and pricing of fundamental risks, and relative value (across capital structures and asset classes) analyses. Post‑trade support is also a fundamental consideration where we monitor and report on collateral and trade performance (surveillance).


The chosen candidate will be highly technical and have a good understanding of asset pricing (including risk‑neutral, CAPM) theory, probability theory, and experience with key asset classes (namely asset‑backed, credit, and/or rates). Ideally you will have a front office quant (sell or buy side) background and be proficient in developing new pricing models and implementing into Python code. An ability to develop new approaches to pricing bespoke transaction features is important, as is experience with working with, and contributing to, large coding infrastructures. Ability to work closely with Portfolio Managers and build strong relationships is highly desirable.


Requirements

  • Masters degree or PhD in Mathematics, Physics (non‑experimental), Probability/Statistics, Engineering, or (Mathematical) Finance.
  • Familiarity with asset‑backed structured products, Intex and data analysis or empirical modelling is a strong plus.
  • Minimum of 3 years of relevant professional experience at a top sell‑side or buy‑side institution in a front office quantitative role.
  • Exceptional quant / analytical skills – knowledge of advanced pricing techniques, asset pricing theory, probability theory, and cash flow / bond maths (e.g. OAS calculations).
  • Experience designing, coding, and implementing pricing and surveillance frameworks for automation / streamlining of tasks.
  • Strong coding skills in Python – candidates for whom Python experience is limited to occasional / hobby usage should not apply.
  • Experience with structuring / liability‑side (e.g. SPV mechanics) aspects of finance a big plus.
  • Working knowledge of Linux/Unix/Bash and SQL would be a plus.

Equal Employment Opportunity and Affiant 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), 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, please contact us at 949‑720‑7744.


Seniority level

Mid‑Senior level


Employment type

Full‑time


Job function

Research, Analyst, and Information Technology


Industries

Investment Management


Location

London, England, United Kingdom


#J-18808-Ljbffr

Related Jobs

View all jobs

Quantitative Research Analyst

Quantitative Research & Risk Modeling Specialist

Quantitative Research Executive, Healthcare Insights

Quantitative Researcher

Junior Quantitative Analyst – Derivatives & Risk Modeling

Quantitative Analyst: Derivatives Modeling & Risk

Subscribe to Future Tech Insights for the latest jobs & insights, direct to your inbox.

By subscribing, you agree to our privacy policy and terms of service.

Industry Insights

Discover insightful articles, industry insights, expert tips, and curated resources.

Data Science Jobs for Career Switchers in Their 30s, 40s & 50s (UK Reality Check)

Thinking about switching into data science in your 30s, 40s or 50s? You’re far from alone. Across the UK, businesses are investing in data science talent to turn data into insight, support better decisions and unlock competitive advantage. But with all the hype about machine learning, Python, AI and data unicorns, it can be hard to separate real opportunities from noise. This article gives you a practical, UK-focused reality check on data science careers for mid-life career switchers — what roles really exist, what skills employers really hire for, how long retraining typically takes, what UK recruiters actually look for and how to craft a compelling career pivot story. Whether you come from finance, marketing, operations, research, project management or another field entirely, there are meaningful pathways into data science — and age itself is not the barrier many people fear.

How to Write a Data Science Job Ad That Attracts the Right People

Data science plays a critical role in how organisations across the UK make decisions, build products and gain competitive advantage. From forecasting and personalisation to risk modelling and experimentation, data scientists help translate data into insight and action. Yet many employers struggle to attract the right data science candidates. Job adverts often generate high volumes of applications, but few applicants have the mix of analytical skill, business understanding and communication ability the role actually requires. At the same time, experienced data scientists skip over adverts that feel vague, inflated or misaligned with real data science work. In most cases, the issue is not a lack of talent — it is the quality and clarity of the job advert. Data scientists are analytical, sceptical of hype and highly selective. A poorly written job ad signals unclear expectations and immature data practices. A well-written one signals credibility, focus and serious intent. This guide explains how to write a data science job ad that attracts the right people, improves applicant quality and positions your organisation as a strong data employer.

Maths for Data Science Jobs: The Only Topics You Actually Need (& How to Learn Them)

If you are applying for data science jobs in the UK, the maths can feel like a moving target. Job descriptions say “strong statistical knowledge” or “solid ML fundamentals” but they rarely tell you which topics you will actually use day to day. Here’s the truth: most UK data science roles do not require advanced pure maths. What they do require is confidence with a tight set of practical topics that come up repeatedly in modelling, experimentation, forecasting, evaluation, stakeholder comms & decision-making. This guide focuses on the only maths most data scientists keep using: Statistics for decision making (confidence intervals, hypothesis tests, power, uncertainty) Probability for real-world data (base rates, noise, sampling, Bayesian intuition) Linear algebra essentials (vectors, matrices, projections, PCA intuition) Calculus & gradients (enough to understand optimisation & backprop) Optimisation & model evaluation (loss functions, cross-validation, metrics, thresholds) You’ll also get a 6-week plan, portfolio projects & a resources section you can follow without getting pulled into unnecessary theory.