Portfolio Manager - Senior Associate (m/f)

A leading global real estate investor and manager, PIMCO Prime Real Estate is a PIMCO company and part of the PIMCO real estate platform, focusing on the Core and Core+ segments of the market and managing the Allianz Group’s $89B real estate mandate.

We manage a global investment portfolio c. $93.5B AUM, with an international team of c. 455 employees working in 16 offices in Belgium, China, France, Germany, Italy, Japan, Singapore, Spain, Sweden, the UK and the U.S.

PIMCO’s real estate platform is one of the largest and most diversified in the world, with $174B+ in assets and a broad set of solutions that leverage decades of expertise across public and private equity and debt markets.

Role Summary

Senior Associate within the Portfolio team, reporting to the Head of Portfolio in France. Responsible for producing strategic portfolio analyses and managing client-related requests in collaboration with other team members or in autonomy. This is a highly transversal role with high level of interactions with various departments, from front-end Asset Management and Transaction Teams to Finance and Data/IT teams to set up analyses and propose best strategies for investors’ portfolios. The Senior Associate demonstrates strong ownership of execution, sound judgement in managing cross-department inputs and driving projects, as well as the ability to determine the appropriate level of escalation. The Senior Associate can explain complex situations in simple words, he/she contributes to best-practice sharing, supporting more junior team members and helping enhance portfolio management standards.

Key Responsibilities

·         Within a team of Portfolio Managers, manage dedicated client interactions – either on a dedicated client or a dedicated part of the Portfolio.

·         Support portfolio-related requests and contributing to client interactions jointly with more senior colleagues on complex topics.

·         Deliver strategic portfolio analyses and reports for the relevant scope, involving cross-department alignment and periodic supervision where appropriate.

·         Monitor portfolio KPIs and contribute to portfolio management analyses, ensuring a clear understanding of performance drivers, value movements and key assumptions.

·         Drive complex assignments and projects by completing assigned tasks, coordinating with other departments along the Real Estate value chain and ensuring quality execution and follow-up.

·         Act as an individual contributor able to influence peers and share best practices.

Key Requirements

Education & Experience : Master in Management/Engineering with minimum 5 years of related experience including experience in a client-facing role. Proven Real Estate experience in Portfolio Management and/or Asset Management or Transaction. Good knowledge of Real Estate modeling in general and valuation tools such as Argus Enterprise.

Scope & Complexity : Handles complex portfolio analyses, requiring strong analytical skills, attention to details, judgment and stakeholder alignment. The role involves managing several parallel projects and closely following up on strategy execution with a disciplined and structured approach to execution.

Autonomy & Decision-Making : Demonstrates a high degree of autonomy in day-to-day strategic analyses and time management. It requires a high capacity of taking decisions to find the best solution in a constraint environment (time and resources).

Communication & Influencing Skills : Demonstrated strong influencing skills in a cross-department context. Strong communication skills with internal and external stakeholders, able to explain a complex situation in a simple way, to the point.

Key Stakeholders : Internal : Portfolio Teams, Asset Managers/Directors, Fund Management/Finance, Transactions, Risk/Compliance, ESG. External : Allianz Investor representatives, service providers.

Prerequisites : Team player. Fluency in English and French, additional European Language is a plus.

Digital & AI : Enablement Leverages digital and AI tools to improve efficiency and quality, supports colleagues in their effective use, and promotes responsible AI and data governance practices.

Benefits

- Onboarding: A mentor, a buddy program and a global welcome event will help you getting started.
- Learning: A large portfolio of continuous learning opportunities will help you staying relevant in your current role and growing into future workplace demands.
- Working place: An open and international working environment with a diverse and inclusive culture will inspire your everyday work. A working model which balances remote and office-based work will give you the flexibility to organize the way you work.
- Benefits: A company pension scheme, well-being initiatives, sports offers, and other local benefits will allow you achieving a positive work life balance.

As of 30 September 2025. All figures in USD. 1 AUM includes $93.5B in estimated gross assets managed by PIMCO Prime Real Estate, which includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate LLC, and their subsidiaries and affiliates. PIMCO Prime Real Estate LLC is a wholly-owned subsidiary of Pacific Investment Management Company LLC, and PIMCO Prime Real Estate GmbH and its affiliates are wholly-owned by PIMCO Europe GmbH. PIMCO Prime Real Estate LLC investment professionals provide investment management and other services as dual personnel through Pacific Investment Management Company LLC. PIMCO Prime Real Estate GmbH operates separately from PIMCO.