eFinancialCareers

• Company

  PIMCO

• Location

  Newport Beach, CA, 92660

• Compensation

  PIMCO offers a competitive base and bonus

• Position Type

  Employee

• Employment type

  Full time

• Updated

  23 Sep 2008

• eFC Ref no

  435199

Responsible for managing cash in client accounts. The team works closely with the Portfolio Management group to determine cash needs and either invests excess cash or raises cash to facilitate purchases. The Cash Desk has direct interaction with Account Managers, Clients, and Custodian Banks.

Pacific Investment Management Company LLC (PIMCO) Position: Cash Desk Supervisor Department: Trade Support Location: Newport Beach, CA Reports To: VP, Cash Desk Company Overview Pacific Investment Management Company (“PIMCO”) is a leading institutional money manager with more than $800 billion in assets under management. PIMCO was established in 1971 to offer separate account management services primarily for employee benefit plans, endowments and foundations. Due in large part to its total return approach and impressive long-term performance record, PIMCO is one of the most respected names in fixed income management. Our offices in Newport Beach, New York, London, Tokyo, Singapore, Sydney, Munich, Toronto and Hong Kong manage assets for clients around the globe. Position Description: Qualified Candidate will be responsible for supervising the cash management process. Candidate must possess a Bachelors degree and have a minimum of 5 years relevant work experience and prior supervising experience. Prior cash management experience is a plus. They should be highly motivated, self starters who work well independently as well as in a global team environment. The individual should be flexible and comfortable in shifting workload in accordance with changing priorities. Responsibilities • Supervise a group of 8 associates • Monitor the cash management process throughout the day • Generate and analyze daily management and audit reports • Review ways to automate and enhance current processes • Multiple ad hoc reports and requests • Work with Clients, Account Managers and Portfolio Management group in regards to client directed cash contributions and withdrawals. • Work with Short Term traders to invest excess cash or raise cash • Work with Custodians and Accounting group in reconciling cash balances and resolving discrepancies Requirements • Strong accuracy and attention to detail • Strong leadership skills • Ability to think quickly in a fast-paced environment • Must be able to effectively organize and prioritize activities and perform under strict deadlines. • Extensive command of written and verbal communication and understanding of report analysis and generation