PhD Summer Intern: AI‑Driven Quant Portfolio Mgmt

PIMCO; Newport Beach (CA); On-site; USD 174,000 - 236,000; Full time

Job summary

PIMCO, a global leader in active fixed income, invites PhD candidates to the 2027 PhD Summer Internship – Portfolio Management, Quantitative Research Analyst, at our Newport Beach, CA headquarters. The 10-week program runs June to mid-August.

You will develop models for alpha generation and risk management, collaborate with Portfolio Management, and apply econometric analyses of historical returns using Python.

Qualifications

• Ph.D. candidate from a top program in quantitative fields such as Finance, Economics, Statistics, CS, OR, Physics, or Mathematics.

Responsibilities

• Conduct econometric analyses of historical returns and build empirical and risk-neutral valuation models.
• Apply macroeconomic research and analyze large transaction datasets to improve trade execution.
• Collaborate with Portfolio Management on alpha generation and risk management models.

Skills

Python

C++

Time series econometrics

Data analysis

AI tools

Education

PhD candidate in quantitative field

Tools

Python

C++

Job description

PIMCO, a global leader in active fixed income, invites PhD candidates to the 2027 PhD Summer Internship – Portfolio Management, Quantitative Research Analyst, at our Newport Beach, CA headquarters. The 10-week program runs June to mid-August.

You will develop models for alpha generation and risk management, collaborate with Portfolio Management, and apply econometric analyses of historical returns using Python.