Associate – Debt Originations & Structuring

Posted 7 days ago
Description 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 Prime Real Estate U.S. ("PPRE") is seeking an intelligent, motivated, and detail-oriented individual with a minimum of 3 years of real estate experience to join its debt origination team as an Associate – Debt Originations & Structuring. The position, based in Century City, CA, will report to the West Team Lead. PPRE is the U.S. subsidiary of Allianz Real Estate ("ARE"), the real estate investment and asset manager serving the global Allianz Group companies. PPRE has assets under management of approximately $90.0 billion and has approximately 485 employees around the globe with subsidiaries in Germany, France, Switzerland, Italy, the U.S. and the Asia/Pacific Region. PPRE makes equity and debt investments in the top 50 metropolitan areas in the U.S. across multifamily, industrial, retail, and office property types and manages an existing portfolio of direct equity holdings, joint ventures, and fund investments. PPRE's current debt portfolio totals approximately $23.0 billion. Annual debt investments include approximately 40-50 commercial mortgage loans totaling $2.5 billion-$3 billion across both core and bridge platforms on behalf of both balance sheet and third-party investors. What you do: Review investment opportunities: source/underwrite potential core and bridge loan originations Create and maintain relationships with target borrowers, brokers, and advisors, in target geographic coverage area Developing deal structures to mitigate risk Present initial deal summaries during bi-weekly investment group meetings Create internal investment committee memos Work with borrowers, brokers, internal resources, and attorneys to help close transactions Travel to markets for business development, client meetings, and site inspections Participating and/or lead ad hoc projects as necessary. What you bring: Bachelor's degree required (preferably in real estate, finance or related discipline). A minimum of 3 years' experience in originations, portfolio management, underwriting, and/or credit risk role at an institutional lender or advisor. Experience in originating multi-family, industrial, office and retail property financings. Proficiency in financial modeling and creating presentations utilizing Microsoft Office (Excel, Word, PowerPoint) and Argus. Strong analytical skills, detail oriented, highly organized. Strong (verbal and written) communication skills. Team player with good interpersonal skills. 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: $ 105,000.00 - $ 150,000.00 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. 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. We believe that active management is the responsible way to invest our clients' assets in fixed income. For 50 years, we have worked relentlessly to help millions of investors pursue their objectives - regardless of shifting market conditions. Our clients rely on an investment process that has been tested in virtually every market environment. Bringing together our investment professionals from across the globe, PIMCO's investment process is designed to promote fresh ideas and differing points of view. We innovate to give our clients an edge. Innovation has long been part of the fabric of PIMCO's culture. Explore how we assess shifting risks and opportunities to build forward-looking solutions for investors.
PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed-income investing.In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting market conditions. As active investors, our goal is not just tofind opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions and service to our clients.Active ManagementWe take an active approach to fixed income investing – one in which we express high convictionviews without allowing any single risk to dominate returns. Over our 50 year history, we have found this helps us to deliver positive outcomes for investors and avoid outsized risks that maybe inherent in passive approaches.Tested ProcessWe have a proven ability to help investors navigate shifting investment conditions – including times of market stress. Honed over decades, our process has helped millions of investorsmanage risks and pursue returns over meaningful time periods.Culture of InnovationFinancial markets are changing rapidly and it is crucial for investors to adapt. That is why innovation is part of the fabric of our culture. Importantly, we develop solutions based on investors' needs and investing opportunities – not on near-term asset-raising potential. And we invest in top technology, tools and resources to help them succeed.

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