2027 Summer Intern - Client Solutions & Analytics Quantitative Research Analyst (MFE), London

PIMCO Europe Ltd.; Greater London; Hybrid; GBP 20,000 - 31,000; Full time

Benefits offered by this job

Relocation bonus

Job summary

PIMCO Europe Ltd. in London offers a 10-week Summer Internship in Client Solutions & Analytics (MFE). You will partner with clients to develop expertise across multi-asset topics and gain hands-on experience in portfolio construction and risk analyses.

The role requires a Master’s in Financial Engineering or related field, strong statistics/econometrics foundations, and programming skills (Python essential; MATLAB a plus). English proficiency is required and relocation support may be provided.

Qualifications

• Pursuing a Master's degree in Financial Engineering or related quantitative discipline.
• Business proficiency in English; eager to work in London.
• Strong foundations in statistics/econometrics; data analysis experience preferred.
• Proficiency in programming; Python required, MATLAB a plus.

Responsibilities

• Support asset allocation and risk management solutions for clients.
• Run risk analytics, optimisations, scenario analyses and stress tests using proprietary/external data.
• Develop quantitative models and analytical tools for portfolio insights.
• Produce risk attribution and product analysis reports on a periodic basis.
• Utilise AI-enabled tools to improve efficiency and insights.

Skills

Interest in markets

Statistics & econometrics

Programming: Python

MATLAB

Interpersonal skills

English fluency

Other language desirable

Time management

Education

Master's in Financial Engineering or related

Tools

Python

MATLAB

AI tools

Job description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns. 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.

2027 Summer Internship – Client Solutions & Analytics Quantitative Research Analyst (MFE), London

Eligibility

• Are pursuing a Master's degree in Financial Engineering or a closely related quantitative discipline
• Must be able to begin full time employment at a PIMCO office between January 2028– August 2028
• Must be enrolled at a university during December 2027 – June 2028
• Are business proficient in English
• Must be willing to work in London

Skills and Experience

• A strong interest in the financial markets, macroeconomics, investment management, and financial modelling
• Excellent foundations in statistics and econometrics; experience analysing large data sets preferred
• Proficiency in programming; Python required, with MATLAB a plus
• Strong interpersonal skills, ability to articulate ideas / strategies clearly, both verbally and in writing
• Fluency in English with another European language desirable
• Strong time management and organization skills
• The ability to work effectively and professionally with all levels of personnel both internally and externally
• Have demonstrated curiosity and experience in using new emerging technologies and AI tools in your work or school projects to solve problems and drive better outcomes

About the Role

See yourself as an Analyst (MFE): As a member of the Client Solutions and Analytics Team, you’ll have the opportunity to partner with clients and develop expertise across a wide range of multi-asset allocation topics. You will gain a strong understanding of portfolio construction and risk analyses applied across a wide spectrum of partners.

Responsibilities

• Supporting the team in the delivery of asset allocation and risk management solutions to clients and prospects both in assets-only and in ALM space working closely with senior members in the team, Account Management, Product Management and Portfolio Management
• Use proprietary software and external data sources to run risk analytics, optimisations, economic scenario analyses and stress tests
• Develop and maintain complex quantitative models and proprietary analytical tools
• Perform risk management, attribution and other product analysis reports on a periodic basis as required
• Support senior Strategists and Quantitative Research Analysts to generate thought leadership and asset class insights
• Utilise AI-enabled tools to streamline processes, enhance insights, and support the more efficient and scalable delivery of client analyses and the development of quantitative models

Internship Experience

The PIMCO Internship is a 10‑week program that runs from early June to mid‑August, with the expectation that you will be available for the full duration of the program. During Week1, you’ll participate in PIMCO Fundamentals Training, providing you with the skills, knowledge, and relationships that will prepare you for success. Following the first week, you will join your team and work with them on a wide range of projects described in the “See yourself as an Analyst” section. In addition to the day‑to‑day work, you will be asked to complete at least one capstone project over the course of the summer that you will present to the team. Alongside your colleagues, participate in PIMCO's Global Month of Volunteering, developed to heighten the impact of our employees' worldwide volunteer efforts. Join us for a variety of cross‑divisional education, networking& social events! Your supervisor, peer mentor, senior leaders and team offer guidance and mentorship throughout the summer. You will gain hands‑on experience with AI‑powered tools from day one, with training and resources that help build future ready skills and make an impact from the start. You’ll receive feedback at mid‑and end‑of‑summer as part of a formal review process to keep you on the path to meeting your summer goals.

Compensation

• Competitive compensation, along with a transition bonus to help with relocation to one of our office locations

Equal Opportunity Statement

PIMCO is an equal opportunity employer committed to creating an inclusive, cognitively diverse environment.

Equal Employment Opportunity and affirmative Action Statement

Equal Employment Opportunity and affirmative Action Statement PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

Industry Statement

We believe that active management is the responsible way to invest our clients' assets in fixed income. For 50 years, we have worked relentlessly to help millions of investors pursue their objectives - regardless of shifting market conditions. Our clients rely on an investment process that has been tested in virtually every market environment. Bringing together our investment professionals from across the globe, PIMCO's investment process is designed to promote fresh ideas and differing points of view. Innovation has long been part of the fabric of PIMCO’s culture. Explore how we assess shifting risks and opportunities to build forward-looking solutions for investors.