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Job description
PIMCO Multi-Family Housing Investment Professional
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.
PIMCO is looking to hire a Multi-Family Housing investment professional to join its growing affordable housing lending team based in Newport Beach, CA. The candidate will assist in underwriting, analyzing, and monitoring transactions for various PIMCO funds and alternative strategies.
Responsibilities
Support transactions throughout their lifecycle: origination, underwriting, managing due diligence processes, negotiations of transaction documentation, and asset management, including follow-on acquisitions and exits
Actively monitor key performance indicators, property and financial performance, market conditions, servicing and administration of project draws/fundings
Proactively identify any potential credit/market risks as well as proposed solutions associated with portfolio investments
Support the preparation of investment memoranda to be presented to PIMCO investment committees
Build and enhance portfolio reporting, analytical activities, and stress testing
Contribute to thematic reviews and strategic research for investment theses
Position Requirements
Bachelor's degree from an accredited institution demonstrating strong academic credentials
Underwriting multifamily affordable housing debt and/or equity
Experience in originating, servicing, and asset management
Execution experience, with ability to prioritize and meet multiple deadlines
Strong financial modeling skills
Capable of managing commercial relationships
Strong work ethic and integrity, candidate should be a team player that is proactive and self-motivated
Entrepreneurial spirit – a desire to find new solutions and improve the team investment process
PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance. Salary Range: $ 205,000.00 - $ 240,000.00
Equal Employment Opportunity and Affirmative Action Statement
PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.
Worksite address
newport coast, CA, 92657, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.