2027 Summer Intern - Trade Floor Operations Analyst

About the Role

PIMCO, a global leader in active fixed income, is offering a 2027 Summer Internship for a US Trade Floor Operations Analyst. This 10-week program, running from early June to mid-August, provides exposure to the end-to-end investment trade lifecycle across Cash Desk, Middle Office, and Investment Operations. Interns will collaborate with various teams, contribute to process enhancements, and gain hands-on experience with AI-powered tools.

Responsibilities

• Gain exposure to the end-to-end investment trade lifecycle through structured experiences across Cash Desk, Middle Office, and Investment Operations.
• Collaborate with Portfolio Management, Account Management, Trade Support, Legal & Compliance, Operations, Technology, State Street IMS, broker-dealers, custodian banks, clients, and third-party platforms.
• Contribute to technology-enabled process enhancements, data analysis, reporting, operational controls, and workflow improvement initiatives.

Qualifications

• Pursuing an undergraduate degree.
• 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).
• 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.
• Business proficient in English.

Skills

• Advanced Microsoft Excel skills and/or proficiency in Python, SQL, VBA.
• Strong interest in financial markets, macroeconomics, investment finance, and the investment trade lifecycle.
• Outstanding analytical skills with the ability to function efficiently in a fast-paced, time-critical environment.
• Clear communication and effective collaboration across complex financial, operational, and technical environments.
• Acute attention to detail and ability to manage multiple competing priorities with independence and judgment.
• Demonstrated traits: assertiveness, ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble.
• Ability to operate effectively when priorities or the path forward are not fully defined.
• Recommended: Completed coursework in finance, fixed income, data analytics, and/or capital markets.
• Curiosity and experience in using emerging technologies and AI tools to solve problems and drive better outcomes.

About the Teams

As a Trade Floor Operations Analyst intern, you’ll rotate through the following teams:

• Cash Desk: Manages cash, reports client cash flows, and provides internal cash forecasts. Works closely with Portfolio Management and interacts with various internal and external stakeholders.
• Middle Office: Manages a key control environment supporting the trade lifecycle. Collaborates with Portfolio Management, Trade Support, Legal & Compliance, Operations, Technology, and external partners.
• Investment Operations: Focuses on new securities, emerging-market capabilities, FX execution, claim resolution, and custodial oversight. Corporate Actions oversees mandatory and voluntary events, restructurings, and class actions.

Program Details

• 10-week program from early June to mid-August.
• Week 1: PIMCO Fundamentals Training.
• Participation in PIMCO's Global Month of Volunteering.
• Cross-divisional education, networking, and social events.
• Mentorship from supervisors, peer mentors, and senior leaders.
• Hands-on experience with AI-powered tools and training.
• Formal feedback at mid- and end-of-summer.
• Competitive compensation and transition bonus for relocation.

Application Process

1. Initial resume review.
2. Cognitive assessment and one-way video interview.
3. Final round of live interviews via video conference (behavioral and technical questions).

Location: PIMCO’s Newport Beach, CA Headquarters

Hourly Rate: $34.62