2027 Summer Intern - Alternatives Business Management Analyst

PIMCO Ltd. - Pacific Investment Management Company; Newport Beach (CA); On-site; USD 86,000 - 93,000; Full time

Benefits offered by this job

Competitive compensation

Relocation transition bonus

AI-powered tools training

Job summary

PIMCO invites applications for its 2027 Summer Internship in Alternatives Business Management at the Newport Beach, CA headquarters. The program runs 10 weeks, from early June to mid-August, with full-time commitments and onboarding in fundamentals training.

You will work with portfolio managers, perform data analyses, and contribute to strategic initiatives across governance, administration, and deal lifecycle management. Relocation support is provided as part of the internship package.

Qualifications

• Pursuing an undergraduate degree
• Must be able to begin full time employment from a PIMCO office between January 2028 - August 2028
• Must be enrolled at a university during Fall 2027 (August 2027 - December 2027)
• Have a minimum 3.2 cumulative GPA on a 4.0 scale
• Business proficient in English

Responsibilities

• Support the smooth operation of PIMCO's Alternatives business across funds and accounts
• Collaborate with portfolio managers to deliver data and analytics for decision-making
• Assist in governance and administration of Alts fund policies and procedures
• Help develop strategic initiatives to scale the business and mitigate risk
• Lead or contribute to cross-functional projects with global teams
• Gain hands-on experience with AI-powered tools from day one

Skills

Analytical thinking

Problem solving

Communication

Team collaboration

Multi-project management

AI tools familiarity

Tools

Excel

SQL

Business Objects

Bloomberg

iLEVEL

PowerBI

DealCloud

Job description

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.

2027 Summer Internship - Alternatives Business Management Intern

Internship positions are located at PIMCO's Newport Beach, CA Headquarters.

You're eligible to apply if you:

• Pursuing an undergraduate degree
• Must be able to begin full time employment from 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
• Are business proficient in English

You'll excel as an Alternatives Business Management Intern if you:

• Enjoy working collaboratively across the organization to resolve issues
• Outstanding analytical and problem solving skills
• Well-refined communications skills. Can articulate ideas and strategies clearly, both verbally and in writing.
• Ability to work effectively on multiple projects simultaneously
• Experienece in the following is a plus: Excel, SQL, Business Objects, Bloomberg, iLEVEL, PowerBI, and DealCloud
• Preferred but not required: buy or sell side trade room, private equity and/or real estate, legal and/or compliance, product and/or project managment related experience
• 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

See yourself as an Alternatives Business Management Intern:

Since launching its first opportunistic credit vehicles over 15 years ago, PIMCO has developed a significant presence in both alternative credit and private investment strategies. Our strategies include those that seek to identify value primarily in listed securities, relying on fundamental and capital structure analysis, and also strategies that seek to privately finance the debt and equity needs of companies, asset holders, and origination platforms. We invest globally across commercial and residential real estate and mortgage credit, performing and distressed corporate debt, and specialty finance markets.

As an Alternatives Business Management Intern, you will support the smooth operation of PIMCO's alternatives business across relevant funds and accounts. You will work closely with portfolio managers to deliver relevant data and analytics to support decision-making. You will also support transformative strategic initiatives that are being led by the team.

Alts Business Management Responsibilities:

Business Management & Administration:

Planning, Budgeting, and Forecasting: manage critical reporting, forecasting, capacity analysis, and budgeting for the alternatives business

Business Administration:

manage the administrative system that guides day-to-day operations for our global alternatives business

Strategic Initiatives:

develop and manage strategic initiatives that allow PIMCO's alternatives business to scale, achieve its goals, and mitigate risk

Solutions Management:

create innovative solutions that are standardized, scalable, sustainable, singular, and secure

Project Management:

lead complex projects that have large cross functional teams

Individual Contributor:

Alternatives Business Management will also often act as individual contributors on the initiatives it spearheads and oversees

Governance and Administration:

oversee the Governance and Administration of Alts fund policies & procedures, processes, and transaction management in US & Europe.

Transaction Management / Deal Execution:

manage and oversee transactions throughout the deal lifecycle in order to maximize efficiencies and minimize delays

While our eligibility requirements are not flexible, we encourage you to apply even if you do not possess 100% of the desired skills outlined above.

The PIMCO 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 Week 1, you'll participate in PIMCO Fundamentals Training, providing you with the skills, knowledge, and relationships that will prepare you for success
• 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
• Want to learn more? Hear about The PIMCO Internship Experience from past interns
• As a PIMCO intern, you'll receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations

What to expect during the interview process:

• After we receive your application, we will conduct an initial review of your resume
• If you are selected to move forward, you will take a cognitive assessment and have the opportunity to showcase your interests, skills, and personality by completing a one-way video interview
• Once you complete the assessment and one-way video interview, you will have a final round of live interviews via video conference. These interviews typically include both behavioral and technical questions

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

For more information on PIMCO and Career Opportunities, please visit https://www.pimco.com/us/en/about-us/careers

PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.

Hourly Rate: $ 43.26

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.

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.