Middle Office Associate

3 hours ago


London, Greater London, United Kingdom PIMCO Full time
Job Title: Middle Office Associate

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 non-traditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Position Overview:

The Middle Office Associate will be a German speaker working in the Middle Office team in London, processing OTC and non-OTC trades encompassing Bond trades, FX, Derivatives Repos and Swaps. The primary responsibilities include regular contact with brokers to confirm trades, acting as escalation contact for settlement queries and monitoring the in-house STP trade capture system.

  • Daily interaction with Portfolio Managers, Compliance, and Investment Operations.
  • Monitor proprietary trade capture system: ensure accurate trade capture and completeness of tickets.
  • Complete initial confirmation with the broker for trades executed in London office.
  • Trade floor support: run various daily trade-flow reports and any ad-hoc reports requested by Portfolio Management team.
  • Interaction with Back Office support functions: escalation contact for trade settlement. The back office support is outsourced to State Street, daily contact through telephone and email.
  • The team works on a weekly alternating shift pattern of 9.30am – 6.30pm and 11.30am until close.

Key Requirements:

The ideal candidate will have:

  • German language capabilities.
  • Proven experience in a similar role within Asset Management or Investment Banking.
  • Excellent attention to detail. Strong analytical ability is essential.
  • Strong verbal and written communication skills are vital to work within the firm's demanding and focused environment.
  • Capability to manage multiple tasks with tight time deadlines and possess strong problem-solving ability.
  • Flexibility and ability to work under pressure with a fair degree of autonomy as well as in a team environment is essential.
  • Good working knowledge of MS Word, Excel, Access, MS Outlook and Bloomberg. Basic knowledge of other MS programs such as PowerPoint preferred. SQL and programming skills are a plus.
  • Educated to degree level or equivalent is an advantage.
  • Clear commitment to PIMCO's culture, values and approach.


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