2027 PhD Summer Intern – Quantitative Portfolio Management
About The Position
The Quantitative Portfolio Management (Quant PM) team develops and manages systematic investment strategies across various asset classes including managed futures, alternative risk premia, and quantitative alpha. The team is involved in the entire investment process, from idea generation and signal testing to portfolio construction, deployment, and ongoing management. Interns will work on projects such as alpha research for new signals, enhancing existing signals, transaction cost analysis, and portfolio optimization. This internship is located at PIMCO’s Newport Beach, CA Headquarters and is a 10-week program running from early June to mid-August.
Requirements
- Ph.D. candidate from a top program in quantitative fields such as Finance, Economics, Statistics, Computer Science, Operations Research, Physics, or Mathematics.
- Expected graduation from the Ph.D. program between Dec 2027 and June 2028.
- Business proficient in English.
- Strong interest and background in quantitative disciplines.
- Knowledge of asset pricing, economic theory, optimization methods, and fixed income markets preferred.
- Formal training in empirical research, particularly in statistics and econometrics.
- Experience in analyzing large unstructured real-world datasets preferred.
- Proficiency in programming, with a strong preference for Python.
- Excellent analytical and creative research skills with the ability to independently drive projects.
- Exceptional writing and verbal communication skills.
- 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.
Nice To Haves
- Knowledge of asset pricing, economic theory, optimization methods, and fixed income markets.
- Experience in analyzing large unstructured real-world datasets.
- Strong preference for Python programming.
Responsibilities
- Develop and manage systematic investment strategies.
- Conduct alpha research on new signals.
- Enhance and extend existing signals.
- Perform transaction cost analysis.
- Engage in portfolio construction and optimization.
- Participate in the entire life cycle of the investment process, from idea generation to deployment and portfolio management.
Benefits
- Competitive compensation
- Transition bonus to help with relocation
- Training and resources for AI-powered tools
- Guidance and mentorship from supervisor, peer mentor, senior leaders, and team
- Participation in PIMCO’s Global Month of Volunteering
- Cross-divisional education, networking & social events
- Formal review process with feedback at mid- and end-of-summer
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Career Level
Intern
Education Level
Ph.D. or professional degree
