2026 MBA/MFE Intern – Portfolio Management Associate

Posted:
11/21/2025, 2:29:07 AM

Location(s):
Newport Beach, California, United States ⋅ California, United States

Experience Level(s):
Internship

Field(s):
Finance & Banking

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

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:

Applications open in November 2025. We review applications on a rolling basis and encourage you to apply by submitting your resume as soon as you are ready.

What to expect during the interview process:

  • After we receive your application, we'll conduct an initial resume review

  • If selected to move forward, you’ll showcase your interests, skills, and personality by completing a one-way video interview

  • Following the video interview and if selected to move forward, you'll meet with us during final-round interviews conducted live via video conference. Interviews typically consist of behavioral and technical concepts.

PIMCO is an equal opportunity employer committed to creating an inclusive, cognitively diverse environment.

For more information on PIMCO and Career Opportunities, please visit https://www.pimco.com/us/en/about-us/careers

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 p

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: $ 180,000.00

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.