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.

The PIMCO Intern Experience

The PIMCO internship experience is a 10-week program designed to provide you with foundational knowledge and professional skills all while building a powerful network of colleagues. You will participate in PIMCO Fundamentals Training in your first week along with ongoing training aimed at giving you firsthand experience of day-to-day life at PIMCO. Additionally you will have the opportunity to participate PIMCO's Global Month of Volunteering, developed to heighten the impact of our employees' worldwide volunteer efforts along with a variety of cross-divisional education, networking & social events!

As a PIMCO intern, you will receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations. The PIMCO internship experience directly serves as the main pipeline for our full-time campus and early careers opportunities.

Our goal is to authentically share the PIMCO experience with all of our interns and empower them contribute to the impact we make for not only our clients but our colleagues as well. To learn more, hear about The PIMCO Internship Experience from past interns & search for live virtual recruiting events!

2024 Summer Intern - Commercial Real Estate Analyst, US

Internship opportunities are located at PIMCO’s Newport Beach, CA Headquarters and New York, NY office.

You’re eligible to apply if you:

Are an undergraduate currently pursuing a degree with an expected graduation date of December 2024 – June 2025
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

Desired Candidates Should Possess the Following Characteristics:

Strong interest in real estate, financial markets, and macroeconomics
Skills conducting research and basic financial modeling. Demonstrates natural intuition to make good judgments.
Proactive in thinking about potential investment ideas.
Good communicator; strong written and oral presentation abilities. Needs to be persuasive and credible.
Strong work ethic and integrity; you should be a team player that is proactive and self-motivated.
Ability to work effectively on multiple projects simultaneously
Preferred but not required: investment banking or real estate sophomore internship

Commercial Real Estate Team Overview:

PIMCO invests in real estate opportunities through its flagship BRAVO IV and PCRED II funds along with other investment funds. The firm’s U.S. real estate team sources, underwrites, and invests in private and public real estate opportunities, including direct real estate, mezzanine financing, commercial mortgage backed securities, and other real estate related investments. The team benefits from a flexible pool of capital with the ability to invest across asset types, geographies, and the capital structure.

The PIMCO Internship Experience:

The PIMCO Internship Program begins 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 & search for live virtual recruiting 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

How you should apply:

Applications open March 17, 2023. 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: $ 48.08

Commercial Real Estate Analyst Intern