2027 Summer Intern – PhD Quant Research Analyst, Client Solutions & Analytics, US

About the Role

PIMCO is a global leader in active fixed income, committed to delivering superior investment returns, solutions, and service to clients. The firm seeks a PhD Quant Research Analyst for the Client Solutions & Analytics team, based at the Newport Beach, CA Headquarters. The team produces innovative thought leadership and quantitative research for clients, constructs bespoke investment solutions, and develops platforms to analyze client portfolios. Research topics adapt to market trends and client interest, with recent publications covering inflation, fixed income in low-yielding environments, private asset risk, smart beta emerging market portfolios, and retirement planning.

Responsibilities

• Publish research pieces on relevant market themes
• Construct bespoke investment solutions for clients
• Develop platforms and applications to better analyze client portfolios
• Build research and investment solutions from inception to completion to fit client needs
• Collaborate with multiple parts of the firm, including Portfolio Management, Product Strategy, and Client Management
• Participate in internal and client presentations

Eligibility Requirements

• Ph.D. candidate from a top program in quantitative disciplines; Finance, Economics, Statistics, Physics or Math preferred
• Must be able to begin full-time employment from a PIMCO office between January 2028 – August 2028
• Must be enrolled at a university during the Fall 2027 semester (August 2027 – December 2027)

Qualifications & Skills

• Strong interest and background in quantitative disciplines; knowledge of asset pricing, economic theory, and optimization methods preferred
• Formal training in empirical research, especially time series and panel data econometrics; experience analyzing large data sets preferred
• Proficiency in programming; Python, MATLAB, C++ preferred
• Strong analytical, problem solving, and presentation skills
• Demonstrate curiosity and experience in using new emerging technologies and AI tools in work or school projects to solve problems and drive better outcomes
• Hands-on creative thinker able to build research and investment solutions from inception to completion
• Strong research background and excellent public speaking skills

Internship Experience

• 10-week program running from early June to mid-August
• Week 1: PIMCO Fundamentals Training providing skills, knowledge, and relationships
• Participation in PIMCO's Global Month of Volunteering
• Cross-divisional education, networking & 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 as part of a review process

Pay

Salary: $205,000.00

Interview Process

• Initial resume review
• First-round interviews
• Final-round interviews conducted live via video conference, typically consisting of behavioral and technical concepts
• Applications reviewed in phases; early application encouraged