2027 Summer Intern – Private Strategies Analyst, US (Special Situations, NYC)

PIMCO 2027 Summer Internship – Private Strategies Analyst, US (Special Situations, NYC)

PIMCO is a global leader in active fixed income. Since 1971, our mission has been delivering superior investment returns, solutions, and service to our clients. We foster a high-performance, inclusive culture and invest in our people through CORE values of Collaboration, Openness, Responsibility, and Excellence.

Internship Location: PIMCO’s New York, NY office.

Eligibility

• Pursuing an undergraduate degree.
• Must be able to begin full-time employment at a PIMCO office between January 2028 and 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.

What You’ll Excel at as a Private Strategies Intern

• Having a strong interest in financial markets, macroeconomics, and investment finance.
• Conducting research and basic financial modeling; demonstrating natural intuition to make good judgments.
• Being proactive in thinking about potential investment ideas.
• Strong communication skills, including written and oral presentation abilities; being persuasive and credible.
• Demonstrating strong work ethic and integrity; being a team player who is proactive and self-motivated.
• Ability to work effectively on multiple projects simultaneously.
• Preferred (not required): Have an investment banking sophomore internship.
• Demonstrating curiosity and experience using new emerging technologies and AI tools in your work or school projects to solve problems and drive better outcomes.

Role Overview

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 seek to identify value through listed security fundamentals and capital structure analysis, as well as strategies that 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 summer, you will support team efforts in sourcing, evaluating, underwriting, and managing alternative credit and private strategy investments.

Successful interns receiving full-time offers may have the opportunity to join a two-year rotational program with a potential career track in Portfolio Management.

The PIMCO Internship Experience

• The internship is a 10-week program running from early June to mid-August, with the expectation that you will be available for the full duration.
• During Week 1, you will participate in PIMCO Fundamentals Training to build skills, knowledge, and relationships for success.
• Alongside your colleagues, you will participate in PIMCO’s Global Month of Volunteering, developed to heighten the impact of employees’ worldwide volunteer efforts.
• Join cross-divisional education, networking, and social events.
• Your supervisor, peer mentor, senior leaders, and team will provide guidance and mentorship throughout the summer.
• You will gain hands-on experience with AI-powered tools from day one, supported by training and resources to build future-ready skills.
• You will receive feedback at mid- and end-of-summer as part of a formal review process to help you stay on track toward your summer goals.
• As a PIMCO intern, you will receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations.

Interview Process

• After your application is received, PIMCO will conduct an initial resume review.
• If selected to move forward, you will complete a cognitive assessment and have the opportunity to showcase your interests, skills, and personality through a one-way video interview.
• After completing the assessment and one-way video interview, you will participate in a final round of live interviews via video conference, typically including both behavioral and technical questions.

Applications for the internship program are reviewed in phases. Candidates are strongly encouraged to apply as early as possible for consideration in the initial review. Later applications may still be considered; however, due to the high volume of interest, not all applications may be reviewed.

Compensation

Hourly Rate: $52.88