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2023 Summer Intern - Business Development Support, US

Learn more about PIMCO
PIMCO

PIMCO

2023 Summer Intern - Business Development Support, 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 Intern - Business Development Support Analyst, US

    All opportunities are located in PIMCO's Newport Beach, CA Headquarters.

    See yourself as a Business Development Support Analyst:

    The Business Development Support group plays an integral part in the initial sales/marketing process to prospective clients, as well as in the servicing of PIMCO’s existing clients and investment consultants worldwide. The BDS team utilizes a collaborative team approach and works closely with PIMCO’s investment professionals, especially with Product Strategists and Account Managers, to respond to new business proposals across PIMCO’s public and private market strategies and provide superior client servicing.

    Your primary responsibilities will include: developing a strong understanding of the firm’s strategy offerings and overall investment approach, presenting strategy summaries in bi-weekly meetings, assisting with the completion of Requests for Proposals (RFPs) and questionnaires (general and due diligence), and various ad hoc requests. Your secondary responsibilities include learning how to access, analyze and report data from the firm’s proprietary systems, the BDS team’s content library software and other data solutions actively used across the firm to service clients.

    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

    How you should apply:

    • We review applications on a rolling basis and encourage you to apply by submitting your resume and 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 review. 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.

    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 fluent in English (speaking, reading, writing)

    You’ll excel as a Business Development Support Analyst if you:

    • Demonstrate proficiency with Microsoft Office (Outlook, Word, Excel, PowerPoint)

    • Are familiar with financial markets and have a strong interest in learning about fixed income, the asset management industry, and client/consultant relationships

    • Have excellent time management skills and ability to flourish in a challenging, fast-paced, professional environment

    • Show commitment to quality and attention to detail; ensure that work is complete, accurate and on time

    • Show strong communication skills and ability to interact professionally with all levels of internal and external personnel in both written and verbal communications

    • Have experience or prior college internships in a financial, client-oriented role

    • Are ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble

    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.