Senior Vice President, Syndicated Bank Loan & CLO Operations Manager

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 Description

We are seeking a Senior Vice President, Syndicated Bank Loan & CLO Operations Manager to join our Alternative Operations team. Our team supports PIMCO's Alternatives business, which includes complex hedge funds and private equity vehicles. In this role, you will engage key stakeholders, including Portfolio Management, Legal, Compliance, Finance, and external service providers, to ensure timely settlements and maintenance of all broadly syndicated bank loan trades across PIMCO. You will be the escalation point of contact for internal and external partners, requiring a deep understanding of bank loans, CLOs, and other complex fixed income structures.

As the Syndicated Bank Loan & CLO Operations Manager, you will play a pivotal role in managing bank loan and CLO compliance and risk management, ensuring seamless and efficient processes across our expanding bank loan and CLO business. You will connect back, middle, and front office operations, establishing and maintaining internal controls to effectively manage compliance and operations in in all fund structures, including the CLO Warehouse Lending and Securitization business. You will manage a team of three people and oversee external outsourced providers.

Location

New York, NY, Austin, TX or Newport Beach, CA.

About You

If the following qualities resonate with you, we encourage you to apply for this exciting opportunity. At PIMCO, we offer a dynamic work environment where you will have the chance to make a meaningful impact:

• Exceptional Organizational Skills and Resourcefulness: You excel in managing multiple projects with outstanding organizational and project management abilities. Your critical thinking skills enable you to solve complex problems creatively and resourcefully. You are self-motivated, committed to excellence, and demonstrate strong attention to detail, along with excellent interpersonal and communication skills.

• Adaptability and Collaboration: You thrive in dynamic, fast-paced environments, adept at navigating shifting priorities and ambiguity. Collaboration is key to your approach, as you build positive relationships and work effectively across diverse teams. Your emotional intelligence, adaptability, and resilience equip you to manage unstructured processes and demanding responsibilities successfully.

• Integrity and Continuous Learning: Your actions reflect high ethical standards and integrity, earning you credibility and trust. An intellectually curious individual, you are dedicated to professional development and staying abreast of industry trends. You contribute positively to the work environment and organizational culture, aligning with PIMCO's core values of Collaboration, Openness, Responsibility, and Excellence.

Responsibilities

The key responsibilities include, but are not limited to:

• Support PIMCO's bank debt portfolio managers and external counsel with settlement oversight and life cycle management on all syndicated bank loan trades, both par and distressed.

• Provide necessary oversight and serve as an escalation point to outsourced providers performing back-office related functions (settlements, asset setup, P&I processing, etc.).

• Assist with loan amendments and restructurings.

• Oversee agent and fund administrator reconciliations performed by the outsourced provider.

• Enhance PIMCO's bank loan operating model, including technology enhancements, outsourcing engagements, and service provider management.

• Develop proper controls and oversight for the bank loan investments across PIMCO.

• Manage and oversee career development for a team of three.

• Assist the deal team with CLO warehouse ramp-up, securitization, and active management.

• Act as a liaison between Portfolio Management, Operations, Legal, Compliance, Accounting, Product Strategy, and Tax on CLO and bank loan-related inquiries.

• Negotiate vendor contracts and provide management oversight of outsourced service providers, shadow compliance agents, trustees, and CLO technology partners.

• Provide operational guidance on CLO deal documents during the drafting process.

• Attend industry conferences and stay updated on industry trends.

• Serve as project manager for internal/external software implementations

• Independently operate and help grow business segment

Position Requirements

• Minimum of a Bachelor's Degree required.

• 12+ years of experience with bank loans and CLO operations, including:

  • Hands-on experience with warehouse to securitization phases,

  • Knowledge of the US and European leveraged loan market and structured finance obligations.

  • Operational support across par and distressed term loans, revolvers, and delayed draw syndicated bank loans.

  • Review and interpretation of credit agreements, term sheets, indentures, and other security offering documents.

  • Hypothetical trading processes.

  • Oversight of fund-level and asset-based financings, including loan TRS.

  • Loan settlement process through Clearpar, LMA/LSTA documents.

• Full CLO cycle experience - from warehouse to securitization, effective date through post-reinvestment period, and best practices in CLO management.

• Demonstrated knowledge of the syndicated bank loans market, risk retention compliance, CLO indentures, and credit agreements.

• Prior use of Loan and CLO Compliance systems such as WSO Compliance, Sentry, Solvas, Allvue, Moody's Analytics.

• Excellent written and verbal communication skills, suitable for client meetings.

• Consistent track record managing bank loan and CLO operations and managing outsourced providers.

• Good working knowledge of Excel and Bloomberg is essential.

• Understanding of SQL and database query tools is desirable.

• Prior people management experience is crucial.

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.