Pros
PIMCO has made a serious commitment to Tech and their Digital Transformation. New CTO, new office in Austin w/ a goal of adding 200 folks (mainly PIMCO Tech), a new head of digital and a CEO who is committed to the multiyear effort to get it done right. The next few years is going to be a huge opportunity for employees in PIMCO Tech as they architect a common core platform, development process, and data models to help better connect, serve and service our global clients (internally and externally).
Cons
There are legacy platforms, systems and processes that they are starting to address and that will take some time to get it right. Having been in the industry for close to 20 years this is not a unique problem for PIMCO Tech. You will fin degrees of it across all the big asset managers. The big thing is how they address it. For those looking for a challenge and open to rolling up your sleeves this is something worth considering. Other things worth noting : - Tie culture AKA pretty conservative (which I guess is ok if the role is to protect and grow your $) - Demanding work environment (not hostile or anything. They just ask a lot of their staff)