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 a high-performance, inclusive culture that celebrates diverse thinking and embodies our CORE values of Collaboration, Openness, Responsibility, and Excellence.

We are seeking a London-based trader for our UK and Europe rates desk. The successful candidate will be responsible for executing trades and constructing investment strategies in liquid European government bond, interest rates, and derivatives markets. This role requires functional competency across all rates-related linear and derivative products, with a focus on EUR and GBP denominated government bonds and interest rate derivatives, and the opportunity to expand into broader developed and emerging markets.

Key responsibilities include execution and management of firm-wide European cash and derivatives books, idea generation, and identification of trade opportunities by combining market knowledge with macroeconomic and quantitative analysis. The trader will also provide market insight to portfolio managers and support ad hoc requests across portfolio management functions.

Experience
Minimum of two years of successful trading experience in European government bonds, interest rates, and derivatives at a prominent buy-side or sell-side institution.

About you
Strong quantitative background with experience developing, modifying, and using empirical investment models to analyze diverse market data and economic variables.
Excellent communication skills within a team and with global portfolio managers.
Highly quantitative approach to developing trade ideas.
Ability to collaborate effectively with colleagues and clients, demonstrating respect and openness.
Common-sense approach to investing.
Exceptional work ethic, emotional maturity, and ability to thrive in a high-intensity environment.
Low ego, good sense of humor, humility to accept feedback, and strength of conviction without stubbornness.
Ability to remain calm and objective during market volatility.
Unassailable ethics and integrity.

Qualifications
Bachelor's degree from an accredited institution demonstrating strong academic credentials.