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Quantitative Research Analyst - PIMCO

Jobs via eFinancialCareers
City of London
3 days ago
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PIMCO Overview

PIMCO is a global leader in active fixed income, investing across public and private markets with a deep focus on credit opportunities and strong risk‑adjusted returns. The firm has a high‑performance culture built around Collaboration, Openness, Responsibility and Excellence.

Job Description

The London front‑office trading analytics team seeks a quantitative analyst / desk quant to support our alternatives business. You will work closely with Portfolio Managers to conduct initial value assessments, model pricing and risk, and provide post‑trade surveillance on collateral and trade performance across a wide range of asset classes including asset‑backed finance, loans, structured products and consumer credit.

Responsibilities
  • Perform initial deal valuations using data analysis, modelling and pricing of fundamental risks.
  • Conduct relative value analyses across capital structures and asset classes.
  • Provide post‑trade support, monitoring and reporting on collateral and trade performance.
  • Develop new pricing models and implement them in Python.
  • Work closely with Portfolio Managers and build strong relationships.
Requirements
  • Masters degree or PhD in Mathematics, Physics, Probability/Statistics, Engineering or (Mathematical) Finance.
  • Familiarity with asset‑backed structured products, structured data analysis or empirical modelling is a strong plus.
  • Minimum 3 years of relevant professional experience at a top sell‑side or buy‑side institution in a front‑office quantitative role.
  • Exceptional quantitative and analytical skills: advanced pricing techniques, asset pricing theory, probability theory, and cash‑flow/bond math (e.g., OAS calculations).
  • Experience designing, coding and implementing pricing and surveillance frameworks for automation and streamlining of tasks.
  • Strong coding skills in Python; limited Python experience is not acceptable.
  • Experience with structuring/liability‑side aspects of finance such as SPV mechanics is a big plus.
  • Working knowledge of Linux/Unix/Bash and SQL would be a plus.
Equal Employment Opportunity

Equal Employment Opportunity and Affirmative Action Statement: PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion, sex, sexual orientation, gender identity, age, military or veteran status, disability, or any factor prohibited by law. The company also prohibits discrimination on other bases 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 accommodations for qualified individuals with disabilities, including veterans. If you need assistance using our online system, please call 949‑720‑7744. A response may take up to two business days.


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