Liquidity/Treasury Associate

PIMCO; London; On-site; GBP 40,000 - 80,000

Job description

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.

Position Description:

Position Overview

The European Cash Desk is responsible for projecting and optimizing cash/liquidity in all PIMCO client accounts with portfolio managers based in Europe, Asia and Australia, by providing a global solution and pivoting to market and client needs. The 6 person-strong team across London, Munich, and Dublin works closely with the Portfolio Management group to determine cash/liquidity requirements, and works with them to either invest excess cash or raise cash to facilitate purchases/liquidity requirements. The European Cash Desk is also responsible for daily cash flow notification procedures and numerous other daily responsibilities and ad hoc requests. This role will focus on the latter element initially; ensuring the cash figures are accurate for the investment desks.

The European Cash Desk has direct interaction with Portfolio Managers, Account Managers, Clients, AGI, State Street IMS and Custodian Banks.

Essential Job Functions

1. Monitor the cash management process with its multiple adjustments and iterations throughout the day.
2. Work with Clients, KVGs, Account Managers and Portfolio Management group in regards to client directed cash contributions and withdrawals.
3. Manage the Fund, Segregated and trade lifecycle cash movements to ensure that the cash ladders for the investment desks are as accurate as possible.
4. Recognize areas of potential risks within the current processes and procedures and make necessary changes to mitigate those risks.
5. Review ways to enhance current reports and tools through increased automation.
6. Provide accurate and timely responses to the multiple ad hoc queries we receive daily from a myriad of internal and external stakeholders.
7. Manage the account life cycle with respect to its cash management (transitions, closures, set up etc.).

Position Requirements:

1. The ideal candidate will be highly motivated and work well independently as well as in a global team environment.
2. The individual should be flexible and comfortable in shifting workload in accordance with changing priorities. Alternative shift patterns of 6.45am - 3pm (one week per month) and 9.30am - 7pm.
3. Strong attention to detail and work ethic.
4. Ability to effectively organize, prioritize activities and perform under strict deadlines.
5. Extensive command of written and verbal communication and understanding of report analysis and generation.
6. Strong Excel skills (writing and debugging complicated Macros) / SQL skills (query building) is a plus.
7. Python Coding skills.
8. Excellent English communications skills - verbal and written are required.