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Fixed Income Middle Office Jobs in California (NOW HIRING)

PIMCO is a global leader in active fixed income with deep expertise across public and private ... Identify recurring reconciliation themes, drive root-cause analysis, and partner with Middle Office ...

New

PIMCO is a global leader in active fixed income with deep expertise across public and private ... Identify recurring reconciliation themes, drive root-cause analysis, and partner with Middle Office ...

New

PIMCO is a global leader in active fixed income with deep expertise across public and private ... office service provider, and Technology teams. In addition to conducting its daily operations ...

PIMCO is a global leader in active fixed income with deep expertise across public and private ... office service provider, and Technology teams. In addition to conducting its daily operations ...

... and fixed assets. * Manage tax compliance across jurisdictions (VAT/GST, corporate tax) with ... Treasury, credit & middle office * Manage multi-currency, multi-entity treasury operations - FX ...

Showing results 21-40

Fixed Income Middle Office information

What is a fixed income middle office?

A Fixed Income Middle Office is a team or function within a financial institution that acts as a bridge between the front office (trading, sales) and the back office (settlements, accounting) for fixed income products such as bonds and other debt securities. Their primary responsibilities include trade support, risk management, trade confirmation, position reconciliation, and ensuring compliance with regulations. By managing these processes, the Fixed Income Middle Office helps to reduce operational risk, ensure accurate trade capture, and support the smooth functioning of fixed income trading activities.

What are the key skills and qualifications needed to thrive as a fixed income middle office professional?

To thrive as a Fixed Income Middle Office professional, strong analytical skills, attention to detail, and a background in finance or economics are essential, often supported by a bachelor’s degree. Familiarity with trade capture systems (such as Murex or Bloomberg), risk management tools, and knowledge of regulatory frameworks are typically required. Exceptional problem-solving abilities, communication, and the capacity to manage multiple priorities help individuals excel in this role. These skills ensure accurate trade processing, risk mitigation, and efficient coordination between front and back office teams, which are critical for smooth operations in fixed income markets.

What are some common challenges faced in a fixed income middle office role and how can they be managed?

One of the main challenges in a Fixed Income Middle Office position is ensuring accurate trade capture and timely resolution of trade breaks between front office, back office, and counterparties. This often requires strong attention to detail and effective communication skills, as you will need to coordinate with multiple teams to reconcile discrepancies and manage settlements. Adapting to frequent regulatory updates and sophisticated financial products can also be demanding, so ongoing learning and process improvement are key. Building strong relationships across departments helps streamline issue resolution and supports operational efficiency.

What is the difference between Fixed Income Middle Office vs Fixed Income Operations Analyst?

AspectFixed Income Middle OfficeFixed Income Operations Analyst
ResponsibilitiesRisk management, trade support, reconciliation, and reporting for fixed income securitiesProcessing transactions, settlement, and ensuring trade accuracy in fixed income securities
Required SkillsKnowledge of fixed income products, risk systems, and reporting toolsTrade processing, settlement procedures, and operational systems
Work EnvironmentCollaborates with traders, risk managers, and compliance teamsFocuses on transaction processing and back-office functions
Common CertificationsFRM, CFA, or similarNone typically required, but certifications like CFA are beneficial

While both roles support fixed income trading activities, the Fixed Income Middle Office focuses on risk management, trade validation, and reporting, whereas the Fixed Income Operations Analyst handles transaction processing and settlement. The middle office role is more analytical and strategic, often requiring risk certifications, while operations are more process-oriented and transactional.

What are popular job titles related to Fixed Income Middle Office jobs in California?

For Fixed Income Middle Office jobs in California, the most frequently searched job titles are:

What job categories do people searching Fixed Income Middle Office jobs in California look for?

The top searched job categories for Fixed Income Middle Office jobs in California are:

Infographic showing various Fixed Income Middle Office job openings in California as of August 2026, with employment types broken down into 100% Full Time. Highlights an 70% In-person, 20% Hybrid, and 10% Remote job distribution.

Core Operations Manager

PIMCO

Newport Beach, CA • On-site

Other

Posted 2 days ago

New


Job 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.
Role Overview
PIMCO is seeking a senior Core Operations leader to own and define the future-state global back office operating model across asset classes and regions. This role is accountable for designing standardized workflows, ownership boundaries, and control frameworks governing the back-office controls, as the firm advances its IBOR technology and vendor integration.
This position builds on deep expertise in portfolio accounting/IBOR, reconciliation, and oversight of outsourced vendors. The role operates as a day-to-day manager as well as a senior design authority and strategic partner, focused on workflow design, testing, and incorporation of current industry best practices into PIMCO's target operating model.
Key Responsibilities
  • Lead the end-to-end back office control function for TFO, with ownership of daily reconciliation oversight, exception management, break investigation, and timely resolution across positions, cash, transactions, tax lots, P&L, and related investment data domains.
  • Identify recurring reconciliation themes, drive root-cause analysis, and partner with Middle Office, Corporate Actions, Treasury, Performance, Fund Accounting, Technology, and external service providers to eliminate repeat breaks and strengthen the operating model.
  • Oversee outsourced back office service providers, including day-to-day governance, KPI / SLA management, issue escalation, service quality review, and integration of provider workflows into the new IBOR operating model.
  • Own the design and implementation of IBOR reconciliation controls, including match criteria, tolerance thresholds, exception routing, aging standards, control evidence, and escalation protocols.
  • Establish consistent standards for daily reconciliations, control execution, break prioritization, and issue documentation, ensuring accountability across internal teams and external providers.
  • Develop and deliver executive-level metrics, dashboards, and commentary for senior management.
  • Coordinate the transition and handoff of investment data outputs to Fund Accounting, ensuring clear ownership, documented controls, and alignment between IBOR, accounting, custody, and downstream reporting processes.
  • Partner with transformation and technology teams to define target-state workflows, support implementation of reconciliation tooling, validate new data outputs, and ensure operational readiness for migration to the future IBOR platform.
  • Establish and maintain industry best-in-class procedures, control documentation, operating playbooks, and governance routines to support auditability, resiliency, and consistent execution across the back-office function.
  • Ability to create, grow, and establish a Core Operations team, including defining roles, building capabilities, setting operating standards, and developing scalable team routines.
Qualifications
  • 10+ years of experience in back office and reconciliations within asset management or investment banking.
  • Deep experience across multiple asset classes, including derivatives (OTC and listed), fixed income, and cash products.
  • Strong understanding of IBOR transactions and impacts to cash, positions, P&L, performance, and fund accounting.
  • Demonstrated experience defining or governing operating models and control frameworks.
  • Proven ability to partner with Technology teams on workflow design, testing, and platform transformations.
  • Effective communication and management skills.
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: $ 215,000.00 - $ 260,000.00
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 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.