Location
London

Hours
Full Time

Salary
Competitive, commensurate with experience

About the Role
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 decades of experience navigating complex debt markets. Our flexible capital base and strong issuer relationships have made us one of the world’s largest providers of traditional and nontraditional financing solutions and trusted advisors to investors seeking strong risk-adjusted returns. Since 1971, our people have shaped PIMCO through a high-performance, inclusive culture that celebrates diverse thinking and embodies our CORE values of Collaboration, Openness, Responsibility, and Excellence.

We are seeking a junior Quantitative Research Analyst to join our Client Solutions & Analytics team in London. Founded in 2009 as one of the industry’s first dedicated “Solutions” teams, we partner with a diverse range of clients across geographies and channels. Our team delivers practical, decision-relevant investment insights through portfolio diagnostics, asset allocation and optimisation, asset-liability modelling, and macro-aware perspectives across public and private markets. We produce thought leadership and customised analysis to support client discussions and inform strategic investment decisions.

The role involves supporting asset allocation and risk management solutions for clients and prospects, working closely with senior team members and other departments. Responsibilities include running risk analytics, optimisations, economic scenario analyses, and stress tests using proprietary software and external data. You will develop and maintain complex quantitative models and analytical tools, perform periodic risk management and product analysis reports, support thought leadership generation, and utilise AI-enabled tools to enhance insights and streamline processes. Managing multiple projects and meeting deadlines in a fast-paced environment is essential.

Experience
0-2 years preferred in quantitative roles related to investment strategy or asset allocation. Backgrounds from buy-side, sell-side, or advisory organizations will be considered.

About you
Strong interpersonal skills with the ability to clearly articulate ideas and strategies both verbally and in writing. Passionate about financial markets, macroeconomics, investment management, and financial modelling. Able to efficiently tackle sophisticated problems under tight deadlines in a fast-paced professional environment. Fluency in English is required; proficiency in another European language is desirable.

Qualifications
Master’s degree in financial engineering or a closely related quantitative discipline (completed or to be completed by end of 2026). Knowledge of asset pricing, fixed income, derivatives, and optimization methods preferred. Excellent foundations in statistics and econometrics, with experience analysing large data sets preferred. Proficiency in programming languages, with Python required and MATLAB a plus. Experience with AI toolkits such as Claude code, Copilot CLI, or GPT Codex is highly desirable.