Posted:
8/19/2024, 5:00:00 PM
Location(s):
Austin, Texas, United States ⋅ Texas, United States
Experience Level(s):
Internship
Field(s):
Business & Strategy ⋅ Sales & Account Management
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.
2025 Summer Internship – Global Wealth Management, Internal Sales, US
Internship positions are located in Austin, TX.
You’re eligible to apply if you:
Must be able to begin full time employment from a PIMCO office between January 2026 – August 2026
Must be enrolled at a university during the Fall 2025 semester (August 2025 – December 2025)
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
See yourself as a Global Wealth Management, Internal Sales Summer Analyst:
Global Wealth Management (GWM)’s mission is to create industry leading experiences for financial intermediates and their individual investor clients while providing a strong contribution to PIMCO’s overall business results. PIMCO GWM is responsible for business strategy and client coverage for the intermediated individual investor segment of the market. Converge includes RIAs, family offices, banks/ brokerage firms, trust banks, platforms, and sub-advisory relationships.
The Internal Sales team within GWM is responsible for supporting external sales representatives, managing client relationships, and driving the sales of PIMCO's diverse range of investment products. They act as the primary point of contact for financial advisors and institutional clients, providing them with timely and accurate information about PIMCO’s offerings and market insights. By preparing sales materials, coordinating sales leads, and tracking market trends, the internal sales team ensures that the external sales force is well-equipped to meet client needs and achieve sales targets.
Intern responsibilities for this role include:
Networking and collaborating with the internal sales desk to better understand the client service model
Learning and utilizing a sales process framework to enhance presentation and mock sales skills
Investigating and presenting research findings on an assigned market sector deep dive
Leveraging internal optimization tools to allocate a mock client portfolio that aligns with specific objectives
Participating in a mock sales competition, focused on showcasing market and investment knowledge learned over the course of the summer
The internship provides excellent development and training to prepare for a career as an Internal Account Analyst at PIMCO – a role that includes obtaining FINRA licenses and building and maintaining relationships with Financial Advisor clients.
You’ll excel as a Global Wealth Management, Internal Sales Summer Analyst if you:
Show strong interest in the financial markets, macroeconomics, and investment finance as demonstrated through relevant coursework, certifications, internship/work experience and/or professional organization & campus club participation
Have some experience in sales related roles or a demonstrated interest in sales through club engagement, personal ventures, coursework, etc.
Possess solid foundation in finance and economics, and familiarity with financial statements and basic investment concepts
Are able to articulate ideas/strategies clearly, both verbally and in writing
Have an interest in a client facing career within Finance and relationship building is a key part of your life
Are friendly and genuinely enjoy working in a team environment, yet ready to run with projects independently
Have excellent people skills: you love to pay attention to people, are engaging, and almost never run out of relevant things to discuss
Are inquisitive, and have a natural thirst for knowledge, and are a firm believer that given enough time and resources, you can achieve any goal
Have the ability to multi-task and handle several projects delivering completed work within expected timeline; while maintaining high level of attention to detail
Show a demonstrated proficiency with Microsoft Excel
While our eligibility requirements are not flexible, we encourage you to apply even if you do not possess 100% of the desired skills outlined above.
The PIMCO Internship Experience:
The PIMCO Internship Program runs between Monday, June 9 – Friday, August 15, 2025, 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 mid-August 2024. 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 performance.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.
Website: http://www.pimco.com/
Headquarter Location: Newport Beach, California, United States
Employee Count: 1001-5000
Year Founded: 1971
IPO Status: Private
Industries: Banking ⋅ Crowdfunding ⋅ Financial Services ⋅ Venture Capital