Portfolio Manager, Specialty Finance

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, portfol