Summer Intern - Alternatives Investment Operations Intern

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 – Alternatives Investment Operations Intern

Internship positions are located at PIMCO’s Newport Beach, CA Headquarters or PIMCO’s New York City office.

You’re eligible to apply if you:

• Pursuing an undergraduate degree

• Must be able to begin full time employment from 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 an – Alternatives Investment Operations Intern if you:

• Enjoy working collaboratively across the organization to resolve issues

• Outstanding analytical and problem solving skills

• Well-refined communications skills. Can articulate ideas and strategies clearly, both verbally and in writing.

• Ability to work effectively on multiple projects simultaneously

• Preferred but not required: knowledge of loan-based products, private equity and/or real estate, legal and/or compliance, product and/or project managment related experience

• Have demonstrated 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 an Alternatives Investment Operations 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.

As an Alternatives Investment Operations Intern, you will support the smooth operation of PIMCO’s alternatives business across relevant funds and accounts. You will collaborate with key partners, including Portfolio Management, Legal, Compliance, Finance, and external service providers, to ensure the timely settlement and management of debt and private equity assets. You will also support transformative strategic initiatives that are being led by the team.

Alternative Investment Operations Responsibilities:

Trade Support & Settlement: support trade execution, settlement, and lifecycle events for alternatives transactions across debt, private equity, real estate, and other non-traditional assets

Asset Onboarding & Data Integrity: assist with the setup, maintenance, and validation of alternative investment assets, legal entities, counter party details, and related reference data to support accurate downstream processing

Cross-Functional Coordination: collaborate with Portfolio Management, Legal, Compliance, Finance, custodians, trustees, administrators, and other internal and external partners to resolve operational issues and support timely execution

Process Improvement &…