Portfolio Manager, Specialty Finance
PIMCO · New York, United States · 1mo ago
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.
Job Description
We are seeking a highly motivated and entrepreneurial Senior Vice President (SVP), Portfolio Manager to join our Specialty Finance team. The successful candidate will play a leading role in sourcing, underwriting, executing, and managing private credit and asset-based finance investments across a broad range of specialty finance sectors, including consumer finance, commercial finance, equipment leasing, aviation, insurance-related assets, data infrastructure, portfolio acquisitions, and other esoteric asset classes.
The SVP will work closely with senior investment professionals, sector specialists, financing teams, asset management teams, analytics professionals, legal counsel, and investment committees to identify attractive investment opportunities while helping construct and manage diversified portfolios that achieve superior risk-adjusted returns.
Key Responsibilities
Investment Sourcing & Origination
Source and originate specialty finance investment opportunities through direct relationships with originators, financial institutions, sponsors, servicers, banks, and industry participants.
Develop and maintain a robust network of industry contacts to generate proprietary and differentiated deal flow.
Identify emerging market themes, relative value opportunities, and attractive sectors within asset-based finance.
Underwriting & Due Diligence
Lead detailed underwriting of investment opportunities across multiple specialty finance asset classes.
Perform fundamental credit analysis, collateral analysis, cash flow modeling, scenario analysis, and structuring evaluations.
Evaluate transaction economics, downside protection, legal structures, and servicing frameworks.
Coordinate diligence efforts across legal, tax, accounting, financing, risk, and operational teams.
Portfolio Construction & Risk Management
Assist in portfolio construction across funds, SMAs, and commingled vehicles.
Evaluate investments within the context of broader portfolio objectives, risk limits, concentration constraints, and liquidity considerations.
Monitor macroeconomic developments and assess implications for portfolio positioning.
Identify and manage portfolio risks proactively.
Transaction Execution
Negotiate transaction documentation, financing arrangements, and commercial terms.
Manage investment closing processes in coordination with internal and external stakeholders.
Present investment recommendations to internal investment committees and senior leadership.
Asset Management & Portfolio Monitoring
Partner with the dedicated asset management team on ongoing management of portfolio investments.
Monitor collateral performance, servicing activity, covenant compliance, and operating metrics.
Work closely with servicers, operators, and counterparties to maximize value and identify potential risks.
Develop strategic recommendations to enhance portfolio performance and mitigate losses.
Team Leadership & Mentorship
Mentor and develop junior investment professionals, analysts, and associates.
Lead sector-specific initiatives and contribute to expanding the platform’s expertise in targeted verticals.
Foster collaboration across investment, financing, analytics, asset management, and operations teams.
Client & Business Development Support
Support fundraising, investor due diligence, and client relationship efforts.
Participate in preparation of marketing materials, portfolio reviews, and investor presentations.
Represent the platform with investors, advisors, and market participants as appropriate.
Requirements
10+ years of experience in specialty finance, structured credit, private credit, asset-based lending, ABS, consumer finance, corporate credit, investment banking, or related fields.
Demonstrated experience sourcing and executing complex credit investments.
Strong track record of underwriting and managing specialty finance assets.
Experience presenting investment recommendations to senior investment committees.
Advanced financial modeling and credit analysis skills.
Deep understanding of structured finance, securitization, and asset-based lending structures.
Strong knowledge of portfolio construction and risk management.
Ability to evaluate complex collateral pools and servicing platforms.
Commercially minded and entrepreneurial.
Strong investment judgment and decision-making skills.
Excellent communication and presentation capabilities.
Ability to operate effectively in a collaborative, fast-paced environment.
High degree of integrity, accountability, and intellectual curiosity.
Preferred Sector Expertise
Consumer lending
Equipment finance
Aviation finance
Insurance and reinsurance assets
Commercial finance
SME lending
Solar and renewable finance
Digital infrastructure lending
Portfolio acquisitions and structured solutions
Music royalties and IP-backed lending
Salary Range: $ 265,000.00 - $ 305,000.00
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.