PIMCO, Pacific Investment Management Co.

Position Title/Short Description

Full Text of JOE Listing:

2024 Summer Internship – PhD Quant Research Analyst, Client Solutions & Analytics

Internship positions are located at PIMCO’s Newport Beach, CA Headquarters

You’re eligible to apply if you:

Ph.D. candidate from a top program in quantitative disciplines; Finance, Economics, Statistics, Physics or Math preferred
Expected graduation from Ph.D. program between Dec 2024 - June 2025
Are business proficient in English

Client Analytics
The client analytics team produces innovative thought leadership and quantitative research for PIMCO’s clients. Candidates can expect to publish research pieces on relevant market themes, construct bespoke investment solutions, and develop platforms and applications to better analyze client portfolios. The team’s research topics are broad-ranging adapting to market trends and client interest. Recent publications include: views on inflation, the role of fixed income in a low yielding environment, private asset risk and performance, smart beta emerging market portfolios, and retirement planning. Candidates should be hands-on creative thinkers able to build research and investment solutions from inception to completion to fit client needs. Candidates will collaborate with multiple parts of the firm, including Portfolio Management, Product Strategy, and Client Management and can expect to be involved in both internal as well as client presentations. Applicants should have a strong research background as well as excellent public speaking skills.

Desired Candidates Should Possess the Following Characteristics:

Strong interest and background in quantitative disciplines; knowledge of asset pricing, economic theory, and optimization methods preferred
Formal training in empirical research, especially time series and panel data econometrics; experience analyzing large data sets preferred
Proficiency in programming; Python, MATLAB, C++, preferred
Strong analytical, problem solving, and presentation skills

The PIMCO Internship Experience:
The PIMCO Internship Program begins in early/mid-June 2024
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
Want to learn more? Hear about The PIMCO Internship Experience from past interns.
As a PIMCO intern, you’ll receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations

How you should apply:
Applications open early September 2023. We review applications on a rolling basis and encourage you to apply by submitting your resume & unofficial transcript as soon as you are ready.

What to expect during the interview process:
After we receive your application, we'll conduct an initial resume. We'll send status updates throughout the process.
You’ll showcase your interests, skills, and personality by completing a one-way video interview
If selected to move forward, you'll meet with us during final-round interviews conducted live via video conference. Interviews typically consist of behavioral and technical concepts.

PIMCO is an equal opportunity employer committed to creating an inclusive, cognitively diverse environment.

For more information on PIMCO and Career Opportunities, please visit www.pimco.com/careers

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: $ 205,000.00