Consumer Loan Collection/Recovery Manager jobs in New York

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

The Asset Manager will play a critical and central role in supporting the smooth operation of the investment performance for the US Residential Mortgage Credit, Special Situations and Insurance Solutions Desks with respect to our Alternatives Portfolio Management.

Responsibilities

• Drive investment returns for various private side investment funds by working closely with Portfolio Managers throughout the investment life cycle
• Establish Asset Management reporting and performance tracking responsibilities with SSG & Resi Mortgage Credit PM teams for all relevant portfolio sub-sectors
• Provide oversight, management, training and performance for US Based team of analysts
• Assist Desk PMs in production and review of quarterly Origination and Asset Management reporting
• Produce Quarterly portfolio reviews and coordinate performance review meetings
• Evaluate Counterparty risk and incorporate contractual obligations for third party servicers, trustees and other service providers to the funds
• Liaison with PM and all relevant internal support teams to ensure all internal processes are completed during the investment life cycle
• Responding to ad-hoc requests from Portfolio Management and other groups, as necessary

Position Requirements

• 5-7 years of experience; strong, relevant industry contacts with Resi Mortgage and Consumer platforms
• Fixed Income technical skills and experience in a buy or sell side trading business preferred
• Residential Mortgage and consumer loan origination, servicing and asset management experience a plus
• Compliance related experience and/or legal background a plus
• Strong relationship skills and proven ability to build strong relationships with Portfolio Managers
• Well-refined communications skills. Can articulate ideas and strategies clearly, both verbally and in writing.
• Outstanding analytical skills.
• Proven ability to operate efficiently in a high-pressure environment.

Position Development Value

• Extensive exposure to senior industry experts within Portfolio Management and across other functional areas of the firm
• A broad range of opportunities to collaborate with talented colleagues
• Learning environment focused on key buy-side portfolio risk and return principles
• Constructive feedback to foster career growth in addition to a formal annual review process

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.