2027 Summer Intern - Alternatives Business Management Analyst

LGBT Great; Newport Beach (CA); Hybrid; USD 86,000 - 95,000; Part time

Job summary

PIMCO is offering a 2027 Summer Internship for an Alternatives Business Management Intern at our Newport Beach, CA headquarters. The role supports the alternatives business across funds and accounts, collaborating with portfolio managers to deliver data and analytics.

You will engage in strategic initiatives and gain hands-on experience with AI-powered tools from day one. The internship emphasizes collaboration, analytics, and problem solving, with mentorship and feedback throughout the program,

Qualifications

• Pursuing an undergraduate degree and able to start full-time between Jan 2028 and Aug 2028.
• Enrollment at university during Fall 2027 (Aug–Dec 2027).
• Minimum 3.2 GPA on a 4.0 scale at an accredited 4-year college or university.
• Business English proficiency required.

Responsibilities

• Support the smooth operation of PIMCO’s alternatives business across funds and accounts.
• Work closely with portfolio managers to deliver data and analytics for decision-making.
• Support strategic initiatives led by the team.
• Plan, budgeting, and forecasting for the alternatives business.
• Manage the administrative system for day-to-day operations globally.
• Develop and manage strategic initiatives to scale the business.

Skills

Excel

SQL

PowerBI

Bloomberg

iLEVEL

DealCloud

Business Objects

Education

Undergraduate degree (pursuing)

Tools

PowerBI

Job description

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

Equal Employment Opportunity and Aff…?

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.