At a Glance
- Tasks: Execute FX transactions and manage exposures across PIMCO portfolios.
- Company: PIMCO is a global leader in active fixed income with a focus on diverse thinking.
- Benefits: Enjoy a high-performance culture, opportunities for growth, and strong team collaboration.
- Why this job: Join a dynamic team where your insights shape trading strategies and impact global markets.
- Qualifications: Strong academic background, 2-5 years of FX trading experience, and excellent communication skills required.
- Other info: PIMCO values diversity and offers support for applicants with disabilities.
The predicted salary is between 43200 - 72000 £ per year.
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 seeking a London based Trader for its Global FX desk. The individual will be responsible for execution of FX transactions across all currencies. A key aspect of this role would be to work with analysts to manage existing FX exposures across PIMCO portfolios, including both active and passive positions. Trading volumes will likely be high and the ability to multitask effectively will be essential. The candidate must show an aptitude for conceptualizing transactions, demonstrating the impact of trades and trade strategy, and communicating with portfolio managers and senior management. This position will also require maintaining strong working relationships with sell-side FX market-makers, electronic execution vendors and platforms.
Key Responsibilities:
- Execute foreign exchange transactions across all currencies.
- Oversee existing FX exposures within all PIMCO funds, client portfolios, and FX-hedged share classes.
- Prepare materials and presentations related to trading activities and market conditions and produce regular market commentary.
- Leverage market insights alongside macroeconomic and quantitative analysis to generate trade ideas in both developed and emerging markets.
- Utilize a diverse skill set to address ad hoc requests within the broader portfolio management framework, providing support across various functional areas.
- Foster and maintain strong working relationships with sell-side FX market makers, electronic execution vendors, and trading platforms.
Position Requirements:
- Strong academic credentials and achievement, with quantitative acumen preferred.
- Demonstrate solid knowledge of FX products.
- Ideally between 2-5 years of experience in FX trading.
- Strong communication skills for effective interaction with both internal teams and external stakeholders.
- Ability to collaborate effectively across the organization with Portfolio Managers, Analysts, and Account Managers.
Critical Competencies for Success:
- A commonsensical approach to investing.
- Highly quantitative approach to developing trade ideas.
- Proficiency in at least one computer language or experience of collaborating with rest of the team on models or other analysis.
- Astute ability to respect, listen to, and collaborate well with colleagues and clients.
Other Personal Characteristics:
- Possess an exceptional work ethic and thrive in high-intensity environments.
- Maintain a low ego, a good sense of humor, emotional maturity, and the humility to accept constructive feedback.
- Exhibit strong conviction while remaining open-minded.
- Stay calm and objective in the face of market volatility.
- Uphold unassailable ethics and integrity.
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.
Applicants with Disabilities:
PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.
Contact Detail:
PIMCO Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Foreign Exchange Trader - PIMCO
✨Tip Number 1
Familiarise yourself with PIMCO's CORE values: Collaboration, Openness, Responsibility, and Excellence. Demonstrating how you embody these values in your interactions can set you apart during the interview process.
✨Tip Number 2
Stay updated on current FX market trends and macroeconomic factors that influence currency movements. Being able to discuss recent developments and their potential impact on trading strategies will showcase your expertise and enthusiasm for the role.
✨Tip Number 3
Network with professionals in the FX trading space, especially those who have experience with sell-side market makers and electronic execution platforms. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to demonstrate your quantitative skills during interviews. Be ready to discuss any relevant programming languages or analytical tools you've used, as well as how you've applied them to develop trade ideas or manage FX exposures.
We think you need these skills to ace Foreign Exchange Trader - PIMCO
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Foreign Exchange Trader at PIMCO. Familiarise yourself with FX products and the skills required, such as quantitative analysis and communication.
Tailor Your CV: Highlight relevant experience in FX trading or related fields. Emphasise your quantitative skills, communication abilities, and any experience working with portfolio managers or analysts. Make sure your CV reflects your understanding of the role.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the position and PIMCO's values. Discuss how your background aligns with their requirements, particularly your ability to multitask and manage FX exposures effectively.
Showcase Your Skills: If applicable, mention any proficiency in computer languages or experience with quantitative models. Provide examples of how you've successfully collaborated with teams or managed high-pressure situations in previous roles.
How to prepare for a job interview at PIMCO
✨Showcase Your FX Knowledge
Make sure to brush up on your knowledge of foreign exchange products and current market conditions. Be prepared to discuss recent trends and how they might impact trading strategies, as this will demonstrate your understanding of the role.
✨Demonstrate Quantitative Skills
Since a strong quantitative acumen is preferred, be ready to discuss any relevant experience you have with data analysis or programming languages. Highlight specific examples where you've used these skills to develop trade ideas or analyse market conditions.
✨Communicate Effectively
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex trading strategies or market insights. This will help you connect with both internal teams and external stakeholders.
✨Emphasise Collaboration
PIMCO values collaboration across teams, so be prepared to share examples of how you've successfully worked with others in high-pressure environments. Highlight your ability to listen, respect differing opinions, and contribute positively to team dynamics.