2027 Summer Intern – Private Strategies Analyst, US (Residential Mortgages, NPB

Position: 2027 Summer Intern – Private Strategies Analyst, US (Residential Mortgages, NPB)
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.
2027 Summer Internship – Private Strategies Analyst, US (Residential Mortgages, NPB)
Internship opportunities are located at PIMCO’s Newport Beach, CA Headquarters.

You’re eligible to apply if you:

Pursuing an undergraduate degree

Must be able to begin full time employment at a PIMCO office between January 2028 – August 2028

Must be enrolled at a university during the Fall 2027 semester (August 2027 – December 2027)
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 You’ll excel as a Private Strategies Intern if you:

Have a strong interest in the financial markets, macroeconomics, investment finance

Have skills conducting research and basic financial modeling. Demonstrate natural intuition to make good judgments

Are proactive in thinking about potential investment ideas

Are a good communicator; have strong written and oral presentation abilities. Are persuasive and credible

Have strong work ethic and integrity; are a team player that is proactive and self-motivated

Have the ability to work effectively on multiple projects simultaneously

Preferred but not required:
Have an investment banking sophomore internship

Demonstrate curiosity and experience in using new emerging technologies and AI tools in your work or school projects to solve problems and drive better outcomes

See yourself as a Private Strategies Intern:

Since launching its first opportunistic credit vehicles over 15 years ago, PIMCO has developed a significant presence in both alternative credit and private investment strategies. Our strategies include those that seek to identify value primarily in listed securities, relying on fundamental and capital structure analysis, and also strategies that seek to privately finance the debt and equity needs of companies, asset holders, and origination platforms.

We invest globally across commercial and residential real estate and mortgage credit, performing and distressed corporate debt, and specialty finance markets.

You will work alongside seasoned associates and Portfolio Managers, focusing on financial modeling and qualitative analysis in support of direct lending and special situations/distressed debt investing. Throughout the course of the summer, you will support their team efforts in sourcing, evaluating, underwriting and managing of alternative credit and private strategy investments. Successful interns receiving full time offers will have the opportunity to join a two year rotational program with a potential for a career track in Portfolio Management.

The PIMCO Internship

Experience:

The PIMCO Internship is a 10-week program that runs from early June to mid-August, with the expectation that you will be available for the full duration of the program

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…