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2023 Summer Intern - Software Engineer, US

Learn more about PIMCO
PIMCO

PIMCO

2023 Summer Intern - Software Engineer, US

Newport Beach, CA +1 location
Internship
Paid
  • Responsibilities

    We are a leading global asset management firm with over 3,000 employees across 20 offices in 15 countries; we help millions of investors around the world pursue their financial goals.

    We hire critical thinkers. People who thrive in a collaborative culture like ours where we solve real problems while building the future of finance.

    You

    • Are excited to be part of a vibrant engineering community that values diversity, hard work, and continuous learning.

    • Love solving complex real-world business problems.

    • Recognize that cross-functional collaboration is a core component of success for the team.

    • Believe there are multiple ways to solve most technical problems and are willing to debate the trade-offs.

    • Have become a stronger engineer by making mistakes and learning from them.

    • Are a doer, someone who wants to grow their career and gain experience across technologies and business functions.

    We

    • Continuously invest in a high-performance and inclusive culture, in which a diversity of backgrounds, experiences and viewpoints are celebrated and valued.

    • Encourage career mobility, so you can benefit from learning different functions and technologies, and we gain the benefits of your experience across teams.

    • Run technology pro bono programs that help the non-profit community and give our engineering community opportunities to volunteer and participate.

    • Offer education reimbursements and ongoing training in technology, communication, and diversity & inclusion.

    • Embrace knowledge sharing through lunch-and-learns, demos, and technical forums.

    • Consider our people to be our greatest asset—we will help you learn what PIMCO Technology has to offer so you can participate in activities that benefit your career while delivering impactful technology solutions.

    Technology Analyst, Software Engineering

    Positions are located in Austin, TX, and Newport Beach, CA

    See yourself as a Technology Analyst:

    The PIMCO technology team develops applications for internal use to help us value securities and mitigate risk. We deliver dynamic and timely solutions using HTML5, Python, Java, C#, and C++ with traditional databases and big data technologies on the back end using open source technologies.

    You'll have the chance to define your career with a dynamic global leader in asset management working in a world-class technology group. Experience a high level of exposure to the investment management business and enjoy working with cutting edge technologies on new solutions.

    As a PIMCO Tech intern, you’ll work on exciting projects such as:

    • Developing and applying complex analytical methods to massive data sets in order to manage risk and search for alpha for clients.

    • Creating and improving internal applications used by the firm to execute investment strategies, manage risk and support our clients.

    • Building tools and platforms to help portfolio managers leverage, analyze test data while harnessing and applying advances in big data analytics.

    • Streamlining trade floor processes, trade executions and transaction costs, and identify new technologies to improve business value.

    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 & 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.

    • As the first step, you'll be asked to complete a coding challenge to highlight your technical skills.

    • If you pass the coding challenge, 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, as well as coding via HackerRank CodePair.

    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

    You’re eligible to apply if you:

    • Are a currently pursuing an Undergraduate/Master’s degree in computer science, engineering or a similar major 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

    • If you are a master's student with one year or more of professional non-internship tech experience this role may not be for you, however we would encourage you to consider our lateral opportunities after graduation.

    You’ll excel as a PIMCO Technology Analyst if you:

    • Have strong programming skills (Java, Python and/or C#)

    • Possess outstanding analytical skills with the ability to function efficiently and problem-solve in a fast paced and time-critical environment

    • Show outstanding communication skills which enable you to operate in a complex financial and technical environment

    • Show the following traits: ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble

    • Are comfortable working independently as well as in a collaborative team

    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.

    Hourly Rate: $ 52.88

    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
  • Locations
    Newport Beach, CA • Austin, TX
  • 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.