2026 MBA/MFE Intern - Portfolio Management Associate

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.

Portfolio Management Associate

Positions available in: Newport Beach, CA

Portfolio Management

The Portfolio Management Associate is responsible for supporting the development, presentation, and execution of investment strategies across various sectors that are part of our overall investment strategy. The most important function of this role is to maximize return consistent with client objectives. Other functions of this role include:

• Developing, presenting, and executing thoughtful trading strategies to achieve specific objectives and/or recommend alternative strategies in order to optimize investment performance over the long run.

• Preparing daily research notes and frequent market updates on news and trading levels.

• Participating in the development of the firm's short- and long-term financial forecasts, as well as the strategies on which they are based.

• Supporting account managers by updating existing account base on market conditions, philosophy, process, and performance.

Skills and Characteristics

• Outstanding analytical and mathematical skills, with a strong quantitative orientation.

• Experience preparing and working with large data sets; familiarity with SQL and Python is highly valued.

• Ability to apply finance theory, portfolio theory, and asset allocation techniques in practical settings.

• Comfortable learning and using programming languages (e.g., Python, Matlab, SAS, C++) for financial analysis.

• Exposure to econometric methods and time series analysis (e.g., vector auto regression, error correction models, Kalman filtering) is a plus.

• Ability to articulate ideas and strategies clearly, both verbally and in writing.

• Well-organized, high-energy, self-starter, focused, goal-oriented, accountable, results-driven.

• Enjoy working collaboratively across the organization in a team environment, including senior level management.

• Ethical, intellectually curious, flexible, and humble.

• Desire to make contributions and grow with the organization through a variety of developmental/promotional assignments (the nature of which will be based on available opportunities and actual performance in the current role).

Requirements

• MBA or Master's degree with relevant work experience, with an emphasis in Finance, Economics, Financial Engineering, or a related quantitative/analytical field from an accredited, leading business school or university, completion expected between Dec 2026 - June 2027.

• Preference for candidates whose field of study provides exposure to finance/capital markets, econometrics, applied mathematics, or whose business experience and knowledge is aligned with the position.

• Fluent in English.

The PIMCO Internship Experience:

• The PIMCO Internship Program runs between Monday, June 8 - Friday, August 14, 2026, 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 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:

• If you attend an on-campus recruiting university, submit your resume and cover letter through your school's Career Services office by the specified deadline. In your cover letter, be sure to include your preferred office location. Additionally, you must also apply through the PIMCO careers page

• If you attend an off campus recruiting university, submit your resume and cover letter on the PIMCO careers page by December 1, 2025

What to expect during the interview process:

• After we receive your application, we will conduct an initial review of your resume

• If you are selected to move forward, you will have the opportunity to showcase your interests, skills, and personality by completing a one-way video interview

• If you are chosen to proceed after the video interview, you will then take an assessment

• Once you complete the assessment, you will have a final round of live interviews with us via video conference. These interviews typically include both behavioral and technical questions

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/students

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.