Senior Fixed Income Investment Manager for Residential and Consumer Loans, Asset Management

7 days ago


New York, New York, United States PIMCO Full time
Unlock Career Opportunities in Fixed Income Investment

PIMCO, a global leader in active fixed income, is seeking a highly skilled Senior Fixed Income Investment Manager to support the smooth operation of our investment performance for the US Residential Mortgage Credit, Special Situations and Insurance Solutions Desks. As part of our Alternatives Portfolio Management team, you will play a critical role in driving investment returns for various private side investment funds.

About PIMCO

PIMCO invests clients' capital across a range of fixed income and credit opportunities, leveraging decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have made us one of the world's largest providers of traditional and non-traditional solutions for companies that need financing and investors who seek strong risk-adjusted returns. We are committed to shaping our organization through a high-performance inclusive culture that celebrates diverse thinking.

Salary Information

The estimated annual salary for this position is between $195,000 and $240,000, reflecting the company's commitment to total compensation and recognizing individual performance. The discretionary bonus component of compensation is awarded based on company, business, team, and individual performance.

Responsibilities

This role involves managing RMBS and ABS securitization programs with Rating Agencies, Investment Banks, and Syndicate Investors. You will provide program leadership for structuring, pricing, and placing new issues, while supporting internal PM teams for non-Bravo securitization processes where public funds invest in loan portfolios. Additionally, you will drive investment returns for various private side investment funds by working closely with Portfolio Managers throughout the investment life cycle. Key responsibilities include:
  • Managing securitization programs with key stakeholders
  • Providing program leadership for structuring, pricing, and placement
  • Supporting internal PM teams for non-Bravo securitization processes
  • Driving investment returns for private side investment funds
  • Establishing reporting and performance tracking responsibilities
  • Oversight and management of a US-based team of analysts

Requirements and Qualifications

To succeed in this role, you will need:
  • 5-7 years of experience in fixed income and asset management
  • Strong industry contacts with Resi Mortgage and Consumer platforms
  • Familiarity with residential mortgage and consumer loan origination, servicing, and asset management
  • Compliance-related experience or a legal background
  • Excellent relationship-building and communication skills
  • Outstanding analytical skills
  • Able to operate efficiently in a high-pressure environment

Benefits and Development Value

PIMCO offers extensive exposure to senior industry experts within Portfolio Management and across other functional areas of the firm. This role provides a broad range of opportunities to collaborate with talented colleagues, learn from key buy-side portfolio risk and return principles, and receive constructive feedback for career growth. Additionally, PIMCO follows a total compensation approach, including a base salary and discretionary bonus, which reflects individual performance.

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