Manager, Fee Strategy

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. Position Description PIMCO is seeking an experienced professional to join its Fee Strategy team, supporting the firm's pricing governance, fee analysis, and strategic commercial decision-making across institutional, intermediary, and fund product channels. This role partners closely with Account Management, Product Strategy, Legal, Client Billing, Fund Administration, Operations, and senior business stakeholders to ensure the integrity, consistency, and defensibility of fee-related analyses supporting client negotiations, regulatory requirements, and Board reporting. Key areas of responsibility include Most Favored Nation (MFN) reviews, 15c Board fee exhibit analyses, sub-advisory fee comparability analyses, and business reporting initiatives. The successful candidate will combine analytical rigor, attention to detail, and sound commercial judgment to evaluate complex datasets, develop actionable insights, and drive consistent governance outcomes. This individual will also contribute to the evolution of PIMCO's fee strategy framework through process enhancements, reporting improvements, and the application of technology and AI-enabled solutions. This position will be based in Newport Beach, CA. Key Responsibilities Pricing Governance & Fee Analysis Lead the annual Most Favored Nation (MFN) review process, including fee comparisons, exception analysis, documentation, and coordination with Legal on interpretation and required actions. Prepare and validate 15c fee analyses, Board exhibits, and supporting materials used for Board, Legal, and regulatory review. Produce recurring and ad hoc sub-advisory fee comparability analyses supporting registered fund and institutional business activities. Coordinate data inputs across multiple sources and ensure the accuracy, completeness, and consistency of fee-related reporting. Strategic Reporting & Business Insights Maintain and enhance Won/Lost/Pending reporting and related business analytics. Monitor fee trends, commercial outcomes, and reporting metrics to identify insights that support pricing strategy and business decision-making. Deliver accurate management reporting and analysis to stakeholders across the business. Stakeholder Management & Cross-Functional Partnership Partner closely with Account Management, Product Strategy, Legal, Client Billing, Fund Administration, and Operations to execute key deliverables and resolve analytical or operational issues. Present findings and recommendations in a concise and actionable manner to business stakeholders and senior leaders. Build strong working relationships across the organization to drive alignment, consistency, and effective decision-making. Process Improvement & Innovation Support the ongoing development of PIMCO's pricing and fee governance framework. Identify opportunities to improve efficiency, transparency, scalability, and controls through automation, data analytics, and AI-enabled solutions. Drive continuous improvement initiatives that enhance reporting quality, analytical consistency, and stakeholder experience. Position Requirements Bachelor's degree in Finance, Economics, Mathematics, or a related analytical discipline. CFA, MBA, or other advanced financial qualification preferred. Minimum 7 years of experience in asset management, investments, consulting, pricing, product strategy, fund administration, account management, or a related analytical function. Strong understanding of investment management products and fee structures, including mutual funds, sub-advisory mandates, institutional separate accounts, and '40 Act vehicles. Advanced Excel and analytical skills, including large-scale data analysis, reconciliation, validation, and reporting. Strong analytical and problem-solving capabilities, with the ability to apply sound commercial and business judgment. Excellent written and verbal communication skills and the ability to synthesize complex information for senior stakeholders. Proven ability to manage multiple priorities, operate independently, and deliver high-quality work in a deadline-driven environment. Curiosity and a continuous-improvement mindset, including the ability to leverage AI and emerging technologies to improve efficiency and decision-making. 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: $ 112,000.00 - $ 128,000.00 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.