portfolio analyst

portfolio manager

administrative assistant

accounts assistant

vice president

PIMCO

This will presumably vary from office to office and team to team, but I've personally never seen such levels of behind-your-back manoeuvring and outright cutthroat   competition in my career to date. Employees don't talk to each other much, which creates an 'every man for himself' environment. Mistakes are called out and frowned upon, with little training in place to get you up to speed. It's a bad place for juniors, especially the more social/friendly types who see the bigger picture. Managers at VP level or above perpetuate a top-down management style where Associates and Analyst get very little to no say in business processes and professional development, whilst taking on the bulk of the work. I've quite frankly had several superiors look over my shoulder and set unreasonable <1 business day deadlines for completing hefty projects. People are treated as disposable and kicked to the curb unless they uphold these rigid, hierarchical behaviours. There seems to be a very uniform playing field at PIMCO, that doesn't allow room for any differences of opinion or any suggestions on how to improve, innovate or move forward. It's as though most just put their heads down and get on with their routine work. While C-level management does recognise the need for Diversity, Teamwork and Transparency, this pervasive hostile culture might take years, if not decades, to dismantle.

You are simply a # to them. Making money for the company is their number one priority and you are simply a variable to run sensitivity analysis on. Sure, you will gain great experience to the Fixed income industry, however although you work hard and may take on additional projects outside your typical responsibilities you will not be rewarded for doing so. Raises rarely meet inflation, and if they do expect them to offset the increase with a reduction to your bonus. They are grandmasters in story telling, taking any event that hurts the financial industry and turning it to soften employees' comp expectations instead of taking the hit to the business. "Active management fees going down? Well we better not hurt PIMCO's profits, let's stop taking care of our employees financially (who constantly have increased costs of living) and instead cover our extra costs at their expense."

The place is great if you went to HBS or Penn, and for all others, can be a good stepping stone if you negotiate your salary well upfront. Don't let them tell you "We only pay what you made at the previous company." Negotiate for what you're worth, or turn them down. 

If they give you a promotion, they won't pay you until year-end. And if it's a difficult year, you may not get much of a raise at all, even if you were promoted. 

Management is hit or miss, though many of the overpaid long-termers are being pushed out by the new CEO. 

You can learn a lot about the industry, but PIMCO's tech is so low-cost and poorly maintained that you'll spend most of your time patching holes in the boat, even if they declare it a "new" technology deployment.

I think the genuine involvement in Inclusion, Diversity and Community has a big impact on my personal work satisfaction.  There's a wholesome vibe to the people you work with.  People care about volunteering here and it is one of the only places where I can see a combination of collaboration (working together to achieve extraordinary and sustainable results) + the actual philanthropic/caring component.  When we volunteer, we outperform other groups volunteering because we take it that seriously. 

I feel supported by the people who lead my area and they seem to care about my growth.  I've stretched myself a lot since I've joined!

If you like working hard and being challenged, this is the right place for you.

•	Aggressively sought out institutional business through written proposals, telephone and email communication and in-person meetings with financial representatives. 
•	Created client engagement presentation and sales materials; customize client and business development presentations.
•	Worked in conjunction with marketing team to maintain, monitor effectiveness and regularly review presentation materials are in line with firm level strategic initiatives, including rollout and communication.
•	Maintained internal applications to ensure consistency with product standards and compliance approval process.
•	Contributed to the optimization of departmental policies and procedures. 
•	Researched and leveraged internal publications as well as external resources and confirm alignment with the firm’s strategies and views.

Daily management of calendars for 5-7 Executive Account Managers, maintain contacts and fulfill external client requests, handled multi-line phone system, heavy domestic travel arrangements, prepare, submit and reconcile expense reports monthly, generate monthly internal reports and coordinate monthly team meetings.  Worked closely with managers and effectively communicate to ensure they are well informed of upcoming commitments, events, deliverables and follow up as necessary.  Able to seamlessly manage a full workload while demonstrating near perfection in accuracy, timeliness, communication and organization.  Able to work from home when my kids were sick.

No one above you seems to care about anything except what is lining their pocket. No one up the ladder claims to have any authority to provide you with steps to promotions, increases in compensation, subsistence level staffing. Promotions seem to occur on a favoritism basis or whoever is well connected. The firm seems to care more about its external image than it does about its employees. The result is they wear out good staff. Transfers within the firm are not encouraged despite abilities, interests, and need. External candidates are sought after for all openings. Internal candidates are given equal opportunity with external candidates. Learn here and then move on.

Management styles in the software departments are not homogeneous, some departments have clear documentation in design and requirements and others like the one I worked in did not.  My requirements were either given to me verbally and were inconsistent or something indecipherable scratched out on a piece of paper.   There was a clear focus on assigning blame if something unexpected was found and not on finding the solution.  You could expect to get verbal abuse and over reaction for just about anything whether it was code written by you or not.

I worked with the Administrative Services department where I held the Administrative Assistant position for the department.  I supported Senior management as well as the department.  Every day was a new day as it was always something new.  I handled parking for 1800 employees and it was my responsibility to make sure that everyone was assigned to the right parking designation.  I also reconciled the monthly rent and the miscellaneous charges per approved work order requests, I also did the financial tracking for the capital budgets making sure every change order and quote was logged properly and that we didn't go over budget.

Great people, but below industry in regards to compensation.

Each person is required to be in charge of multiple areas. There is no specific definition regarding roles which allow ambitious people to learn as much as they want without limitation. Managers can be encouraging but will not pay as much as the rest of the industry. 

The hardest part of the job is that I'm both manager, analyst, and intern. 

The most enjoyable part is that I personally make firm decisions regarding tax operations which make you feel like your contributions matter.

Top Job Titles	Average Salary
Portfolio analyst 19 salaries reported	$107,553 per year
Portfolio manager 11 salaries reported	$235,682 per year
Administrative assistant 11 salaries reported	$45.54 per hour
Accounts assistant 23 salaries reported	$102,326 per year
Vice president 7 salaries reported	$196,071 per year

Working at PIMCO: Company Overview and Reviews

PIMCO

PIMCO Ratings

Popular jobs at PIMCO

Salary Satisfaction

Job Seeker Tools

Employer Tools

Browse

Stay Connected