Quant PM PhD Summer Intern — AI-Driven Signals

PIMCO Europe Ltd.; Newport Beach (CA); On-site; USD 180,000 - 230,000; Full time

Job summary

PIMCO, a global leader in fixed income investing, invites PhD candidates in quantitative fields for a 10-week Summer Intern in Newport Beach, CA. You will contribute to quantitative portfolio management, work on alpha research, and help deploy models across multiple asset classes.

The role emphasizes statistics, econometrics, and empirical research, with training and mentorship from senior leaders. Strong Python skills and curiosity about AI are preferred.

Qualifications

• Ph.D. candidate from a top program in quantitative fields such as Finance, Economics, Statistics, Computer Science, Operations Research, Physics, or Mathematics.
• Expected graduation from the Ph.D. program between Dec 2027 and June 2028.
• Business proficient in English.

Responsibilities

• Participate in development and management of systematic investment strategies across asset classes.
• Engage in alpha research, signal testing, portfolio construction, and deployment.
• Work on projects including transaction cost analysis and optimization.
• Gain hands-on experience with AI-powered tools and future-ready skills.

Skills

Quantitative disciplines

Asset pricing

Economic theory

Optimization methods

Python

Analytical skills

Communication skills

AI tools

Education

PhD candidate in quantitative fields

Tools

Python

Job description

PIMCO, a global leader in fixed income investing, invites PhD candidates in quantitative fields for a 10-week Summer Intern in Newport Beach, CA. You will contribute to quantitative portfolio management, work on alpha research, and help deploy models across multiple asset classes.

The role emphasizes statistics, econometrics, and empirical research, with training and mentorship from senior leaders. Strong Python skills and curiosity about AI are preferred.