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.

Position Overview

The Vice President will be a key member of the Anti-Financial Crime Compliance team within the Legal and Compliance Department at PIMCO, located in either Newport Beach, CA or New York, NY. This role is pivotal in facilitating PIMCO's Anti-Financial Crimes (AFC) compliance program, with a primary focus on overseeing and implementing the global sanctions compliance program. The Vice President will work closely with the Global Anti-Financial Crimes Compliance Officer and collaborate with various teams across the organization.

PIMCO's Legal & Compliance department consists of over 200 professionals globally, working collaboratively to address legal and compliance issues across regions. The Vice President will be expected to navigate a dynamic environment and engage effectively with colleagues at all levels.

Main Purpose

The Vice President will serve as the Global Sanctions Compliance Officer, ensuring that PIMCO adheres to all relevant sanctions regulations. This position will also involve oversight of service providers, responding to escalations from the business and Legal & Compliance teams, and assisting with the implementation of new AML rules, particularly as they relate to sanctions compliance. The candidate will engage in industry advocacy on sanctions topics and manage or assist with ad hoc projects, fostering strong internal relationships and partnerships across the firm.

Responsibilities

• Oversee and implement PIMCO's global sanctions compliance program
• Collaborate with the Global Anti-Financial Crimes Compliance Officer in connection with ongoing evolution of AFC compliance framework in light of regulatory change
• Assist in the oversight of PIMCO's service providers to ensure compliance with sanctions regulations
• Respond to escalations from business units and other members of the Legal & Compliance team
• Support the implementation of new AML rules, particularly in relation to sanctions compliance
• Engage in industry advocacy on sanctions-related topics
• Manage or assist with ad hoc projects as needed
• Build and maintain strong internal relationships with the Legal & Compliance team and other functional areas
• Interact with teams and individuals across various levels of seniority in a fast-paced environment

Position Requirements

• An undergraduate degree is required
• Minimum of five years of experience in economic sanctions at a large and diverse financial institution, federal regulator, or global law firm
• Proven ability to execute global projects and initiatives in a focused and tactical manner
• Experience thriving in a challenging, fast-paced, and professional environment
• Strong sense of integrity, consistently aligning with PIMCO's values and ethical principles
• Excellent written and verbal communication skills
• Legal degree preferred

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: $ 137,500.00 - $ 195,000.00

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.