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.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

2024 Summer Internship - U.S. Global Wealth Management, Growth Markets

Positions are located in New York, NY.

Global Wealth Management (GWM)’s mission is to create industry leading experiences for financial intermediates and their individual investor clients while providing a strong contribution to PIMCO’s overall business results. PIMCO GWM is responsible for business strategy and client coverage for the intermediated individual investor segment of the market. Converge includes RIAs, family offices, banks/ brokerage firms, trust banks, platforms and sub- advisory relationships.

You 're eligible to apply if you:

Are an undergraduate currently pursuing a degree with an expected graduation date of Dec 2024 – June 2025
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 a Global Wealth Management Account Analyst if you:

Show strong interest in the financial markets, macroeconomics, and investment finance
Have the ability to articulate ideas/strategies clearly, both verbally and in writing
Possess the ability to develop client relationships into strategic partnerships and interest in client facing career within Finance
Are personable, ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble
Have the ability to multi-task and handle several projects delivering completed work within expected timeline
Demonstrate high level of proficiency with Microsoft Excel
Have Finance/capital markets coursework (recommended, not required)

Growth Markets:

The Growth Markets Group is focused on the growth and ongoing institutionalization of product and vehicle extensions through teams dedicated to Alternatives, Exchange-Traded Funds, Models, and Separately Managed Accounts.
The summer analyst intern will contribute to the team through supporting the group’s key strategic initiatives.

The PIMCO Internship Experience:

The PIMCO Internship Program runs for 10 weeks beginning in early/mid-June 2024
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’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

How you should apply:

We review applications on a rolling basis and encourage you to apply by submitting your resume & unofficial transcript as soon as you are ready.

What to expect during the interview process:

After we receive your application, we'll conduct an initial resume review. We'll send status updates throughout the process.
You’ll showcase your interests, skills, and personality by completing a one-way video interview.
If selected to move forward, you'll meet with us during final-round interviews conducted live via video conference. Interviews typically consist of behavioral and technical concepts.

PIMCO is an equal opportunity employer committed to creating an inclusive, cognitively diverse environment.

For more information on PIMCO and Career Opportunities, please visit www.pimco.com/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: $ 43.27

Equal Employment Opportunity and Affirmative Action Statement

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.

2024 Summer Intern - U.S. Global Wealth Management, Growth Markets