2027 Summer Intern - Trade Floor Operations Analyst

pimco; Newport Beach (CA); On-site; USD 3,444,000 - 4,822,000; Full time

Job summary

PIMCO is offering a 2027 Summer Internship for US Trade Floor Operations Analysts based in Newport Beach, CA. The program covers Cash Desk, Middle Office and Investment Operations, with exposure to the investment trade lifecycle.

You are pursuing an undergraduate degree, can begin full-time employment between January 2028 and August 2028, and must be enrolled in Fall 2027 with a minimum 3.2 GPA and English proficiency. Strong Excel, Python/SQL/VBA skills are valued.

Qualifications

• Pursuing an undergraduate degree at an accredited four-year college or university.
• GPA of 3.2 or higher on a 4.0 scale required or expected.

Responsibilities

• Gain exposure to end-to-end investment trade lifecycle across Cash Desk, Middle Office and Investment Operations.
• Collaborate with Portfolio Management, Trade Support, Legal & Compliance and Operations teams.
• Contribute to data analysis, reporting and workflow improvements during the internship.

Skills

Excel

Python

SQL

VBA

Financial markets

Analytical skills

Communication

Attention to detail

Problem solving

Team collaboration

Education

Pursuing undergraduate degree

GPA 3.2

Tools

Excel

Python

SQL

VBA

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.

202 7 Summer Internship - US Trade Floor Operations Analyst (Cash Desk, Middle Office, Investment Operations)

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 at a PIMCO office between January 202 8 - August 202 8
• Must be enrolled at a university during the Fall 202 7 semester ( August 202 7 - December 202 7 )
• 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 in this program if you:

• Demonstrate advanced Microsoft Excel skills and/or Python, SQL, VBA
• Show a strong interest in the financial markets, macroeconomics, investment finance , and the investment trade lifecycle
• Possess outstanding analytical skills with the ability to function efficiently and problem-solve in a fast paced and time-critical environment
• Communicate clearly and collaborate effectively across com plex fi nancial, operational, and technical environments.
• Demonstrate acute attention to detail and can manage multiple competing priorities with appropriate independence and judgment
• Demonstrate accountability, resilience, adaptability, intellectual curiosity, and a continuous improvement mindset
• Show the following traits: assertiveness, ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble
• Can operate effectively when priorities or the path forward are not fully defined
• Have completed finance, fixed income, data analytics, and/or capital markets coursework (recommended)
• 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
• Approach AI-generated output thoughtfully by evaluating reliability, appropriateness, and potential risks before use.

What you will experience:

• Gain exposure to the end-to-end investment trade lifecycle through structured experiences across Cash Desk, Middle Office, and Investment Operations.
• Collaborate with Portfolio Management, Account Management, Trade Support, Legal & Compliance, Operations, Technology, State Street IMS, broker-dealers, custodian banks, clients, and third-party platforms , as relevant to each team.
• Contribute to technology-enabled process enhancements, data analysis, reporting, operational controls, and workflow improvement initiatives.
• Build a foundation for potential future opportunities across Trade Floor Operations, Trade Management, Investment Operations, and the broader investment platform

Cash Desk

The Cash Desk is a key operational unit responsible for managing cash, reporting client cash flows, and providing internal cash forecasts across client accounts, mutual funds, and hedge funds. The team works closely with Portfolio Management to support projected overdraft coverage and the investment of excess cash into liquid securities. The Cash Desk regularly interacts with portfolio managers, account managers, internal operations groups, clients, State Street IMS, and custodian banks.

Middle Office

The Middle Office manages and governs a key control environment supporting the day-to-day trade lifecycle of PIMCO's Portfolio Management team. Team members collaborate with Portfolio Management, Trade Support, Legal & Compliance, Operations, Technology, and State Street IMS. The team also engages with broker-dealers, custodian banks, and third-party trading platforms.

Investment Operations

Investment Operations includes Investment Operations and Corporate Actions. Investment Operations focuses on new securities, emerging-market capabilities, FX execution methods, claim and brea