PIMCO - Newport Beach, CA
posted about 2 months ago
Full-time - Intern
Newport Beach, CA
Management of Companies and Enterprises
About the position
The 2025 Masters Summer Internship in Portfolio Management at PIMCO is designed for students pursuing a Quantitative Master's degree. This internship provides an opportunity to work closely with the Analytics Team, contributing to PIMCO's investment process through quantitative analysis and model development. Interns will receive formal training, mentorship, and hands-on experience in a collaborative environment, focusing on financial markets and quantitative research.
Responsibilities
- Develop models for alpha generation and manage risk in collaboration with Portfolio Management.
- Perform econometric analyses of historic returns and build empirical and risk-neutral valuation models.
- Apply macroeconomic research and analyze large sets of transaction data to improve trade execution.
- Work with both discretionary and quantitative portfolio managers across various asset classes.
Requirements
- Pursuing a Quantitative Master's degree in financial engineering or a related technical field.
- Must be able to begin full-time employment from a PIMCO office between January 2026 - August 2026.
- Must be enrolled at a university during the Fall 2025 semester.
- Bachelor's degree in Finance, Economics, or a technical degree is preferred.
- Minimum 3.2 cumulative GPA on a 4.0 scale at an accredited institution.
- Fluent in English (speaking, reading, writing).
Nice-to-haves
- Interest in finance theory, particularly portfolio theory and asset allocation techniques.
- Programming skills in Python, Matlab, SAS, C++, or related languages; SQL knowledge preferred.
- Formal training in Econometrics, especially time series econometrics.
- Comfortable working with large structured and unstructured data sets.
- Good exposure to financial markets.
Benefits
- Competitive compensation with a transition bonus for relocation.
- Formal training program at the start of the internship.
- Mentorship from seasoned professionals throughout the internship.
- Participation in PIMCO's Global Month of Volunteering.
- Networking and social events with colleagues.
