2027 MBA /MFE Summer Intern – Associate, Portfolio Management

PIMCO • Newport Beach, CA

2d • Onsite

About The Position

PIMCO is a global leader in active fixed income, founded in 1971 with a total return approach. For over 50 years, PIMCO has aimed to help investors achieve their objectives in various market conditions. As active investors, PIMCO focuses on creating opportunities and delivering superior investment returns, solutions, and services. The company fosters a high-performance, inclusive culture that values diverse thinking and celebrates its CORE values: Collaboration, Openness, Responsibility, and Excellence. PIMCO believes in mutual success and is recognized as an innovator, industry thought leader, and trusted advisor.

The 2027 MBA /MFE Summer Intern – Associate, Portfolio Management positions are located in PIMCO’s Newport Beach Office. This internship is a 10-week program running from early June to mid-August, requiring full-time availability for the duration. The program includes PIMCO Fundamentals Training, participation in the Global Month of Volunteering, cross-divisional educational and networking events, and hands-on experience with AI-powered tools. Interns receive guidance from supervisors, peer mentors, and senior leaders, along with formal mid- and end-of-summer reviews. Interns receive competitive compensation and a transition bonus for relocation.

Requirements

• MBA or Master’s degree with an emphasis in Finance, Economics, Financial Engineering, or a related quantitative/analytical field from an accredited, leading business school or university.
• Completion of degree expected between December 2027 – June 2028.
• Fluent in English.

Nice To Haves

• Field of study provides exposure to finance/capital markets, econometrics, applied mathematics, or business experience and knowledge aligned with the position.
• 1-2 years of prior work experience.
• Experience preparing and working with large data sets; familiarity with SQL and Python is highly valued.
• Ability to apply finance theory, portfolio theory, and asset allocation techniques in practical settings.
• Comfortable learning and using programming languages (e.g., Python, Matlab, SAS, C++) for financial analysis.
• Exposure to econometric methods and time series analysis (e.g., vector auto regression, error correction models, Kalman filtering) is a plus.
• Ability to articulate ideas and strategies clearly, both verbally and in writing.
• Well-organized, high-energy, self-starter, focused, goal-oriented, accountable, results-driven.
• Enjoy working collaboratively across the organization in a team environment, including senior level management.
• Ethical, intellectually curious, flexible, and humble.
• Desire to make contributions and grow with the organization through a variety of developmental/promotional assignments.
• Demonstrate curiosity and experience in using new emerging technologies and AI tools in your work or school projects to solve problems and drive better outcomes.

Responsibilities

• Supporting the development, presentation, and execution of investment strategies across various sectors.
• Maximizing return consistent with client objectives.
• Developing, presenting, and executing thoughtful trading strategies to achieve specific objectives or recommend alternative strategies to optimize investment performance.
• Preparing daily research notes and frequent market updates on news and trading levels.
• Participating in the development of the firm’s short- and long-term financial forecasts and their underlying strategies.
• Supporting account managers by updating them on market conditions, philosophy, process, and performance.

Benefits

• Competitive compensation
• Transition bonus to help with relocation
• Base salary determined by core job responsibilities, relevant experience, internal level, and market factors.
• Discretionary bonus awarded for performance (company, business, team, and individual).

What This Job Offers

• Job Type: Full-time
• Career Level: Intern