PIMCO→
FIG Business Development Associate at PIMCO in New York, NY
Entry LevelOn-siteFull-timeNew York, NY$90k–$115k/yr
Skills
corporate financeaccountingregulatory capitalinvestment strategiesmicrosoft excelmicrosoft powerpointbloombergsnl financialsqlindex-provider databasesquery toolsfinancial services industry knowledgefixed incomeeconomicsentrepreneurial skills
Job Description
Summary: PIMCO is a global leader in active fixed income, seeking a Business Development Associate for their U.S. Financial Institutions Group focused on Banks and Insurance Companies. The role involves supporting business development efforts, conducting industry analysis, and collaborating with Account Managers to drive growth initiatives.
Responsibilities:
- Providing qualitative and quantitative industry analysis on banks and insurance companies
- Developing frameworks grounded in corporate finance to best position investment strategies
- Leading or supporting requests for proposals, due diligence questionnaires, and model portfolios
- Crafting detailed business plans that incorporate competitor analyses across target strategies
- Actively participating in client interactions, conferences, and supporting material preparation
- Build and maintain targeted marketing materials to support both new business development and existing business and advance FIG-specific product strategy initiatives
- Actively track, analyze, and report on PIMCO FIG investment flows, trends in product growth, and market penetration
- Perform industry, company, and competitor research and analysis
- Identify business development opportunities and support meetings with FIG Account Managers and product counterparts to develop targeted approaches to advance business objectives
- Develop knowledge of PIMCO’s and product specific investment philosophy, process, strategy, and performance history
- Drive marketing outreach efforts, and eventually serve a role in delivering presentations
Required Qualifications:
- Must possess a four-year college degree with a preferred major in Business/Finance, Economics, or Accounting
- Demonstrated proficiency with Microsoft Office (focus on Excel and Power Point), solid understanding of software applications in general, such as index-provider databases, familiarity with query tools, Bloomberg, SNL Financial, and SQL
- Ability to clearly articulate analysis, written and orally
- Ability to lead prospect base and explore opportunities for new asset growth
- Solutions-driven individual with an ability to be core to team in building and driving business
- Well organized, high energy, self-starter, ability to work within the firm's fast paced and highly focused environment
- Outstanding relationship building and interpersonal skills
- Work effectively across all levels of personnel as part of a team and individually
- Excellent time-management, multi-tasking and organization skills
- Candidates must be collaborative and possess a positive and upbeat demeanor
- Clear dedication to PIMCO's culture, values and approach
Preferred Qualifications:
- Progress toward the CFA designation or advanced degree program is a plus
- Ideal candidates should have 0-2 years of experience in the financial services industry and a strong interest in fixed income and economics
- College internships in finance, client-oriented roles are preferred, though not required
- Ideal candidates should have 2-4 years of experience in financial services, asset management, investment banking, investment consulting, or accounting
- A strong background and/or interest in fixed income and economics is important
- Ideal candidates are familiar with fixed income instruments and the economic underpinnings of the fixed income asset class
Required Skills: Corporate Finance, Accounting, Regulatory Capital, Investment Strategies, Microsoft Excel, Microsoft PowerPoint, Bloomberg, SNL Financial, SQL, Index-provider Databases, Query Tools, Financial Services Industry Knowledge, Fixed Income, Economics, Entrepreneurial Skills