2026 Summer Intern - Trade Floor Operations Analyst

PIMCO • Newport Beach, CA

124d • $34

About The Position

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.

Requirements

• Pursuing an undergraduate degree.
• Must be able to begin full time employment at a PIMCO office between January 2027 – August 2027.
• Must be enrolled at a university during the Fall 2026 semester (August 2026 – December 2026).
• 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.

Nice To Haves

• Demonstrate advanced Microsoft Excel skills and/or Python, SQL, VBA.
• Show a strong interest in the financial markets, macroeconomics, and investment finance.
• 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 mathematical environment.
• Have acute attention to detail and an aptitude for managing multiple competing priorities with minimal oversight or direction.
• Show traits such as assertiveness, ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble.
• Have undertaken finance, fixed income, and/or capital markets coursework (recommended).

Responsibilities

• Learn about and work within the Cash Desk, Middle Office, and Investment Operations teams.
• Manage cash, report client cash flows, and provide internal cash forecasts in all client accounts, mutual funds, and hedge funds.
• Collaborate with the Portfolio Management group to ensure projected overdrafts are covered and facilitate the investment of excess cash into liquid securities.
• Support the day-to-day trade life cycle of the PIMCO Portfolio Management team.
• Engage with external parties such as broker dealers, custodian banks, and third-party trading platforms.
• Oversee mandatory and voluntary corporate actions events, restructuring activities, and defaulted securities processing.

Benefits

• Competitive compensation.
• Transition bonus to help with relocation to one of our office locations.
• PIMCO Fundamentals Training during the first week.
• Participation in PIMCO's Global Month of Volunteering.
• Networking & social events.
• Guidance and mentorship throughout the summer.
• Formal review process with feedback at mid- and end-of-summer.

What This Job Offers

• Career Level: Intern
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees