Fund Development Specialist/Manager Fund Development Specialist/Manager …

PIMCO
in Newport Beach, CA, United States
Permanent, Full time
Last application, 21 Jan 22
Competitive
PIMCO
in Newport Beach, CA, United States
Permanent, Full time
Last application, 21 Jan 22
Competitive
Fund Development Specialist/Manager
About Us:

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.

Position Description:

The Fund Development team coordinates and oversees the fund event process, including the project and workflow management of fund launches, liquidations, and mergers. As a member of the Fund Development team, you will work cross-functionally, from the beginning of a transition event to the end, in areas from internal governance, fund legal documentation, account and vendor setup to funding. You will eventually own the fund event process, and your efforts will help ensure that fund transitions are successful and that risks are managed proactively. You will also work on continuous improvement projects that enhance operational efficiency and reduce risk, utilizing business intelligence, low code applications, and other technology tools.

This role may be based in Austin, TX, or Newport Beach, CA.

About You
  • You challenge the status quo by asking "why" and identifying new and better ways of doing things
  • Exceptional organizational and project management skills, including the ability to multi-task and lead many ongoing initiatives
  • Resourceful, inquisitive, and enjoy problem-solving. Many of the concepts and/or solutions we face are sophisticated, and you bring a desire to work through these complex scenarios
  • Proven track record to deliver on assigned responsibilities through pursuing excellence, outstanding attention to detail, and using interpersonal and communication skills
  • You seamlessly adapt to shifting priorities and enjoy working with ambiguity
  • A standout teammate who builds positive relationships and collaborates across multiple levels of a globally diverse organization, including outside vendors
  • Track record of building credibility and trust through consistent behavior, high integrity, and judgment
  • Intellectual curiosity, a dedication to professional development, an ability to learn, and an interest in staying on top of emerging trends
  • Self-motivated and thrive in a fast-paced environment
  • High emotional intelligence, are flexible, and resilient
  • Proven record navigating unstructured processes and simultaneously handling responsibilities with multiple, exciting demands
  • Encourage a positive work environment and culture for all employees
Responsibilities
  • Participate in and eventually lead the "fund build" effort by working with product managers, approval committees, legal counsel, and fund service providers
  • Understand and advise on efficient jurisdictional domicile and regulatory regime for new fund products based on client/investment requirements
  • Facilitate the planning and implementation of restructuring products such as fund mergers, building new share classes, modifying product characteristics (e.g., changing investment guidelines), and liquidating funds
  • Assist in crafting product policy by researching/advising on implications of decisions, both in the funds' domiciles and cross-border
  • Research requests for information on the business, operational, and legal/regulatory issues relating to fund products
  • Improve and update tools and controls designed to support product development
  • Monitor and evaluate existing products
  • Other ad hoc projects as assigned


Position Requirements:

  • Minimum of a Bachelor's Degree, preferably in Business or Economics
  • Minimum 4 years of experience in fund administration, preferably in developing, launching, or coordinating pooled funds
  • Able to effectively engage with all levels of staff
  • Experience across geographical boundaries, including Europe, Asia, and the U.S.
  • Track record of automating business processes utilizing workflow automation, business intelligence, or other productivity tools


Benefits:

PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:
  • Medical, dental, and vision coverage
  • Life insurance and travel coverage
  • 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
  • Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
  • Community involvement opportunities with The PIMCO Foundation in each PIMCO office


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