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2027 PhD Summer Intern - Quantitative Portfolio Management
Career Insights for Financial Quantitative Analyst
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What they do
A Financial Quantitative Analyst develops mathematical or statistical models used in the financial sector. Applies models and quantitative methods to analyze securities or other business data; provides analysis used to inform investment and trading strategies and manage risk.
$119,737 / year median in California
-12% projected decline
Job Description
2027 PhD Summer Intern
- Quantitative Portfolio Management PIMCO Ltd.
- Pacific Investment Management Company $ 205,000.00 United States, California, port Beach Sep 01, 2026 PIMCO is a global leader in active fixed income. With our launch in 1971 in port 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 PhD Summer Intern
- Quantitative Portfolio Management Internship positions are located at PIMCO's port
Beach, CA Headquarters Eligibility Criteria:
To apply, you must meet the following requirements:
- Ph.D. candidate from a top program in quantitative fields such as Finance, Economics, Statistics, Computer Science, Operations Research, Physics, or Mathematics.
- Expected graduation from the Ph.D. program between Dec 2027 and June 2028
- Business proficient in English. Quantitative Portfolio Management
The Quant PM team develops and manages systematic investment strategies spanning managed futures, alternative risk premia and quantitative alpha. Covering varied asset classes including Rates, FX, Equities, Commodities and Vol, Quant PMs are involved in the entire life cycle of the investment process: starting from idea generation, signal testing, portfolio construction, all the way through to deployment and portfolio management. Candidates can expect to work on projects which include alpha research on new signals, enhancement and extension of existing signals, transaction cost analysis, portfolio construction, and optimization. Desired candidates should possess the following skills and characteristics: A strong interest and background in quantitative disciplines, with knowledge of asset pricing, economic theory, optimization methods, and fixed income markets preferred.
Formal training in empirical research, particularly in statistics and econometrics, with experience in analyzing large unstructured real-world datasets preferred.
Proficiency in programming, with a strong preference for Python.
Excellent analytical and creative research skills with the ability to independently drive projects
Exceptional writing and verbal communication skills
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
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 cross-divisional education, networking & social events!
Your supervisor, peer mentor, senior leaders and team offer guidance and mentorship throughout the summer
You will gain hands-on experience with AI-powered tools from day one, with training and resources that help build future ready skills and make an impact from the start
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 Applications for the internship program are reviewed in phases. Candidates are strongly encouraged to apply as early as possible to be considered in the initial review. Later applications received may still be considered; however, due to the high volume of interest, we cannot guarantee that all applications will be reviewed. 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.
Salary:
$ 205,000.00 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.