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2023 Summer Intern - Alternatives Business Management, US

Learn more about PIMCO
PIMCO

PIMCO

2023 Summer Intern - Alternatives Business Management, US

Newport Beach, CA
Internship
Paid
  • Responsibilities

    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!

    2023 Summer Internship - Alternatives Business Management Intern, US

    INTERNSHIP POSITIONS ARE LOCATED AT PIMCO’S NEWPORT BEACH, CA HEADQUARTERS

    SEE YOURSELF AS AN ALTERNATIVES BUSINESS MANAGEMENT INTERN:

    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.

    As an Alternatives Business Management Intern, you will support the smooth operation of PIMCO’s alternatives business across relevant funds and accounts. You will work closely with portfolio managers to deliver relevant data and analytics to support decision-making. You will also support transformative strategic initiatives that are being led by the team.

    THE PIMCO INTERNSHIP EXPERIENCE:

    • The PIMCO Internship Program begins in early/mid-June 2023

    • 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 & search for live virtual recruiting events!

    • As a PIMCO intern, you’ll receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations

    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 completingaone-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.

    POSITION REQUIREMENTS

    YOU’RE ELIGIBLE TO APPLY IF YOU

    • Are an undergraduate currently pursuing a degree with an expected graduation date of December 2023 - June 2024

    • Have a minimum 3.2 cumulative collegiate grade point average on a 4.0 scale (or the equivalent) at an accredited 4-year college or university

    • Are business proficient in English

    YOU’LL EXCEL ASAN ALTERNATIVES BUSINESS MANAGEMENT INTERNIF YOU:

    • Enjoy working collaboratively across the organization to resolve issues

    • Outstanding analytical and problem solving skills

    • Well-refined communications skills. Can articulate ideas and strategies clearly, both verbally and in writing.

    • Ability to work effectively on multiple projects simultaneously

    • Experiencein the following is a plus: Excel, SQL, Business Objects, Bloomberg, iLEVEL, PowerBI, and DealCloud

    • Preferred but not required: buy or sell side trade room, private equity and/or real estate, legal and/or compliance, product and/or project management related experience

    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

    Equal Employment Opportunity and Affirmative Action Statement

    PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

    Applicants with Disabilities

    PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

  • Industry
    Investment Management
  • About Us

    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.