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2023 Masters Intern, Quantitative Research Analyst, Client Analytics

Learn more about PIMCO
PIMCO

PIMCO

2023 Masters Intern, Quantitative Research Analyst, Client Analytics

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!

    CLIENT ANALYTICS

    The client analytics team produces innovative thought leadership and quantitative research for PIMCO’s clients. Candidates can expect to publish research pieces on relevant market themes, construct bespoke investment solutions, and develop platforms and applications to better analyze client portfolios. The team’s research topics are broad-ranging adapting to market trends and client interest. Recent publications include views on inflation, the role of fixed income in a low yielding environment, private asset risk and performance, smart beta emerging market portfolios, and retirement planning. Candidates should be hands-on creative thinkers able to build research and investment solutions from inception to completion to fit client needs. Candidates will collaborate with multiple parts of the firm, including Portfolio Management, Product Strategy, and Client Management and can expect to be involved in both internal as well as client presentations. Applicants should have a strong quantitative background as well as excellent public speaking skills.

    LOCATION: Newport Beach, CA

    KEY RESPONSIBILITIES WOULD INCLUDE

    • Working on innovative research in asset allocation, portfolio optimization, trading signals, asset returns and valuation

    • Contributing to highly customized asset allocation and portfolio construction studies for key clients

    • Designing, developing, and improving the suite of client analytics models and applications

    CAREER DEVELOPMENT, TRAINING AND MENTORING

    Every intern begins their summer with a formal week of training. The PIMCO Fundamentals training program will provide you with the skills, knowledge and relationships that will prepare you to succeed in your internship.Your informal training will continue throughout the summer at PIMCO - everyday, in a perpetual learning environment.In addition, you will be teamed with a seasoned professional who offers guidance and mentorship throughout the internship.

    POSITION REQUIREMENTS

    • Quantitative Master’s degree (financial engineering or other technically demanding program such as theoretical physics or math) with an expected graduation date of December 2023 - June 2024

    • Strong interest in any of the following areas:

      • Finance theory (especially portfolio theory and asset pricing)

      • Econometrics (particularly time series)

      • Data science and machine learning

    • Excellent programming skills (preferably Python or Matlab)

    • Strong communication and writing skills

    • Good exposure to and knowledge of financial markets

    HOW TO APPLY

    • There is not deadline to apply but we are reviewing and filling roles on a rolling basis. Please submit resume as soon as possible.

    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.