2027 Summer Intern - Masters Quant Research Analyst, Client Solutions & Analytics, US

About the Role

PIMCO is a global leader in active fixed income. Since our launch in 1971, we have worked relentlessly to help millions of investors pursue their objectives. As active investors, our goal is not just to find opportunities, but to create them. We remain firmly committed to delivering superior investment returns, solutions, and service to our clients through a high-performance inclusive culture.

Eligibility Requirements

• Pursuing a Quantitative master's degree in financial engineering or other technically demanding programs such as theoretical physics or math
• Must be able to begin full time employment at a PIMCO office between January 2028 – August 2028
• Must be enrolled at a university during the Fall 2027 semester (August 2027 – December 2027)
• Business proficient in English

Preferred Qualifications

• Strong interest in finance theory (especially portfolio theory and asset pricing), econometrics (particularly time series), and data science and machine learning
• Excellent programming skills (preferably Python)
• Strong communication and writing skills
• Good exposure to and knowledge of financial markets
• Demonstrate curiosity and experience in using new emerging technologies and AI tools in school or work projects to solve problems and drive better outcomes

About the Team

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. Research topics are broad, ranging from adapting to market trends and client interest, with recent publications covering inflation, fixed income in low yielding environments, private asset risk and performance, smart beta emerging market portfolios, and retirement planning.

Responsibilities

• 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

Internship Experience

• 10-week program running from early June to mid-August
• Week 1: PIMCO Fundamentals Training providing skills, knowledge, and relationships for success
• Participation in PIMCO's Global Month of Volunteering
• Cross-divisional education, networking, and social events
• Guidance and mentorship from supervisor, peer mentor, senior leaders, and team throughout the summer
• Hands-on experience with AI-powered tools from day one, with training and resources to build future-ready skills
• Formal feedback at mid- and end-of-summer

Compensation

Base salary: $165,000.00, plus discretionary bonus based on company, business, team, and individual performance.

Location

Newport Beach, CA

Interview Process

• Initial resume review
• One-way video interview
• Live video conference interviews with behavioral and technical questions