PIMCO

Position Title/Short Description

Full Text of JOE Listing:

Eligibility Criteria:

You must meet the following requirements:

Be a Ph.D. candidate from a top program in quantitative fields such as Finance, Economics, Statistics, Computer Science, Operations Research, Physics, or Mathematics.
Must be able to begin full-time employment at a PIMCO office between January 2027 and August 2027
Must be enrolled at a university during the Fall 2026 semester (August 2026 – December 2026)
Have business proficiency in English.
PM Analytics
The PM Analytics team collaborates closely with Portfolio Management to provide quantitative inputs to PIMCO’s investment process. This includes developing models for alpha generation and risk management. Team members may specialize in specific markets (e.g., credit, rates, mortgages) or take on cross-market roles such as asset allocation, portfolio construction, or execution. Key responsibilities involve conducting econometric analyses of historical returns, building empirical and risk-neutral valuation models, applying macroeconomic research, and analyzing extensive transaction data to enhance trade execution.

You should possess the following skills and characteristics:

A strong interest and background in quantitative disciplines, with knowledge of asset pricing, fixed income markets, economic theory, and optimization methods, is preferred.
Formal training in empirical research, particularly in time series and panel data econometrics, with experience in analyzing large datasets preferred.
Proficiency in programming, with a strong preference for Python; knowledge of C++ is also beneficial.
High energy, a results-driven mindset, and strong analytical, problem-solving, and communication skills.
The PIMCO Internship Experience:

The Internship Program runs from Monday, June 8, to Friday, August 14, 2026, with the expectation that you will be available for the full duration of the program

You will then be assigned a project to complete under the mentorship of a supervisor and peer mentor.
You are also encouraged to take advantage of the expertise of your teammates and subject matter experts throughout the firm.
Regular feedback will be provided at mid-summer and at the end of the program to help you achieve your goals.
At the conclusion of the internship, you will present your findings to the team.
Your supervisor, peer mentor, senior leaders, and team offer guidance and mentorship throughout the summer
You will also have opportunities to explore the diverse range of products traded at PIMCO and participate in various educational, networking, and social events.

As a PIMCO intern, you’ll receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations