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PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives – regardless of shifting marketing conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions, and service to our clients.
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.
The PIMCO Intern Experience
The PIMCO internship experience is a 10-week program designed to provide you with foundational knowledge and professional skills all while building a powerful network of colleagues. You will participate in PIMCO Fundamentals Training in your first week along with ongoing training aimed at giving you firsthand experience of day-to-day life at PIMCO. Additionally you will have the opportunity to participate PIMCO's Global Month of Volunteering, developed to heighten the impact of our employees' worldwide volunteer efforts along with a variety of cross-divisional education, networking & social events!
As a PIMCO intern, you will receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations. The PIMCO internship experience directly serves as the main pipeline for our full-time campus and early careers opportunities.
Our goal is to authentically share the PIMCO experience with all of our interns and empower them contribute to the impact we make for not only our clients but our colleagues as well. To learn more, hear about The PIMCO Internship Experience from past interns & search for live virtual recruiting events!
Key responsibilities:
Support Strategists in analyzing client portfolios and building presentations that detail PIMCO’s analysis and conclusions
- Use proprietary software and external data sources to run risk analytics, optimizations, economic scenario analyses, and design bespoke investment solutions
- Manage a workload of multiple simultaneous projects while ensuring that deadlines are met
- Maintain standard presentation materials via periodic updates
- Develop an understanding of PIMCO investment strategies and their risks and benefits in different market environments
- Assist in monitoring the group’s project queue and operating metrics
- Collaborate with Account Management, Analytics, Portfolio Management and Product Strategy groups
- Ad-hoc research projects and analyses
You’re eligible to apply if you:
- Are an undergraduate currently pursuing a degree with an expected graduation date between January 2023 and July 2024
- Expected minimum 2:1 degree (or the equivalent) at an accredited college or university
- Are business proficient in English. Proficiency in additional European languages is highly desirable.
Skills required:
- Background in finance, economics, mathematics, statistics, and/or modeling
- Excellent quantitative and analytical skills
- Strong interest in the financial markets, macroeconomics, and investment finance
- Highly detail oriented
- Self-starter with strong production and results orientation
- Well organized with ability to manage multiple projects and work efficiently under tight deadlines
- Show ability to articulate ideas/strategies clearly, both verbally and in writing
- Must work well in a team environment and collaborate effectively with all levels of personnel
- Strong investment knowledge base across all asset classes, especially fixed income
- Advanced knowledge of Excel and PowerPoint; reasonable proficiency with Bloomberg, databases, and other analytic tools preferred
- Ideally, some programming skills in one of the following: Python, Matlab, SQL, VBA
- CFA designation or active status in program desired
The PIMCO Internship Experience:
- The PIMCO Internship Program runs for 10 weeks beginning in early/mid-June 2021
- During Week 1, you’ll participate in PIMCO Fundamentals Training, providing you with the skills, knowledge, and relationships that will prepare you for success
- Alongside your colleagues, participate in PIMCO's Global Month of Volunteering, developed to heighten the impact of our employees' worldwide volunteer efforts
- Join us for a variety of cross-divisional education, networking & social events!
- Your supervisor, peer mentor, senior leaders and team offer guidance and mentorship throughout the summer
- You’ll receive feedback at mid- and end-of-summer as part of a formal review process to keep you on the path to meeting your summer goals
What to expect during the interview process:
After we receive your application, we'll conduct an initial resume & cover letter review. We'll send status updates throughout the process.
- You’ll showcase your interests, skills, and personality by completing a phone interview with business representatives.
- If selected to move forward, you'll meet with us during final-round interviews conducted live via WebEx. Interviews typically consist of behavioral and technical concepts, as well as a role specific assessment.
