We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $1.92 trillion in assets for clients around the world. PIMCO has over 2,800 employees in 17 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.

POSITION DESCRIPTION:

2022 SUMMER INTERNSHIP - ALT CREDIT & PRIVATE STRATEGIES , US (UNDERGRADUATE)

POSITIONS ARE LOCATED IN NEWPORT BEACH, CA AND NEW YORK, NY

ALTERNATIVE CREDIT & PRIVATE STRATEGIES

Since launching its first opportunistic credit vehicles over 15 years ago, PIMCO has developed a significant presence in both alternative credit and private investment strategies. Our strategies include those that seek to identify value primarily in listed securities, relying on fundamental and capital structure analysis, and also strategies that seek to privately finance the debt and equity needs of companies, asset holders, and origination platforms. We invest globally across commercial and residential real estate and mortgage credit, performing and distressed corporate debt, and specialty finance markets.

Summer Interns will work alongside seasoned associates and Portfolio Managers, focusing on financial modeling and qualitative analysis in support of direct lending and special situations/distressed debt investing. Interns will support their team efforts in sourcing, evaluating, underwriting and managing of alternative credit and private strategy investments. Successful interns receiving full time offers will have the opportunity to join a two year rotational program with a potential for a career track in Portfolio Management.

THE PIMCO INTERNSHIP EXPERIENCE:

• Program runs for 10 weeks beginning in early/mid-June 2022.
• During Week 1, you'll participate in PIMCO Fundamentals Training , which provides you with the skills, knowledge, and relationships that will prepare you to succeed in your internship.
• Be part of PIMCO's Global Month of Volunteering , connect with senior leaders and experience PIMCO culture through networking opportunities and formal mentor program.
• Gain meaningful exposure and participate in day-to-day business functions .
• As part of the formal review process, you'll receive feedback at mid-and end-of-summer, keeping you on the path to meeting your summer goals.
• What to learn more? Learn more about The PIMCO Internship Experience from past interns & search for live virtual recruiting events .

HOW YOU SHOULD APPLY:

• We review applications on a rolling basis and encourage you to apply by submitting your resume, cover letter & unofficial transcript as soon as you are ready.

WHAT TO EXPECT DURING THE INTERVIEW PROCESS:

• After we receive your application, an initial resume & cover letter review will be conducted by the hiring team.
• If selected, you'll be invited to complete a one-way video interview using the Spark Hire platform.
• Following first-round interviews, successful candidates will be invited to participate in final-round interviews held live via WebEx. Interviews will consist of behavioral and technical concepts and give you a chance to meet multiple PIMCO professionals and have your questions answered.

Bachelors Degree

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

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.