Summer 2027

Quantitative Research Analyst Intern

Client Solutions & Analytics

PIMCO

PIMCO

1,001-5,000 employees

Global asset management with fixed income

No salary listed

London, UK

In Person

Master's

Category
Quantitative Finance
Required Skills
Python
Quantitative Research
Macroeconomics
MATLAB
Risk Management
Data Analysis
Financial Modeling

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Requirements
  • Candidates must be pursuing a Master's degree in Financial Engineering or a closely related quantitative discipline.
  • Candidates must be able to begin full-time employment at a PIMCO office between January 2028 and August 2028.
  • Candidates must be enrolled at a university during December 2027 through June 2028.
  • Candidates must be business proficient in English.
  • Candidates must be willing to work in London.
  • Candidates must have foundations in statistics and econometrics.
  • Candidates must be proficient in programming, with Python required.
  • Candidates must be able to articulate ideas and strategies clearly, verbally and in writing.
  • Candidates must have strong time-management and organizational skills.
  • Candidates must be able to work effectively and professionally with personnel at all levels, internally and externally.
  • Candidates must demonstrate curiosity and experience using emerging technologies and artificial intelligence tools in work or school projects to solve problems and improve outcomes.
Responsibilities
  • Support the team in delivering asset-allocation and risk-management solutions to clients and prospects in assets-only and asset-liability-management contexts, working closely with senior team members and partner functions.
  • Use proprietary software and external data sources to run risk analytics, optimizations, economic scenario analyses, and stress tests.
  • Develop and maintain complex quantitative models and proprietary analytical tools.
  • Perform risk-management, attribution, and other product-analysis reports periodically as required.
  • Support senior Strategists and Quantitative Research Analysts in generating thought leadership and asset-class insights.
  • Use artificial-intelligence-enabled tools to streamline processes, enhance insights, and support efficient, scalable client analyses and quantitative-model development.
  • Participate in PIMCO Fundamentals Training during the first week of the internship.
  • Complete at least one capstone project during the summer and present it to the team.
  • Participate in PIMCO's Global Month of Volunteering and cross-divisional education, networking, and social events.
  • Complete a 10-week internship program from early June to mid-August and remain available for its full duration.
Desired Qualifications
  • Experience analyzing large data sets.
  • Experience with MATLAB.
  • Fluency in English and another European language.

PIMCO is a global investment management firm that provides financial solutions for institutions, financial professionals, and individual investors by managing assets across fixed income, equities, commodities, and real estate. Its core product is actively managed investment strategies designed to meet clients’ financial goals. The company earns fees from assets under management and, when benchmarks are surpassed, performance fees, using rigorous research, risk controls, and a deep understanding of global markets. Unlike firms that rely on a narrow focus, PIMCO combines expertise across multiple asset classes and maintains a large network of investment professionals to offer insights worldwide. Its goal is to deliver consistent, long-term results for a diverse client base, including pension funds, endowments, central banks, sovereign wealth funds, and individual investors, while growing assets under management.

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$564.6M

Headquarters

Newport Beach, California

Founded

1971

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Simplify Jobs

Simplify's Take

What believers are saying

  • PIMCO drew €31.7 billion in second-quarter 2026 net inflows, plus July inflows.
  • PIMCO anchored Waymo’s $3 billion debt raise and Ingenico’s €150 million recapitalization.
  • PIMCO financed Gulf sovereign placements and a Michigan data-center deal, proving origination power.

What critics are saying

  • Allianz terminated the M Unit Plan on July 30, 2026, crushing employee ownership incentives.
  • PIMCO’s $14 billion Oracle financing concentrates capital in risky AI infrastructure before 2027 cash flows.
  • CNBC reported June 11, 2026 default warnings in leveraged and private direct lending across PIMCO portfolios.

What makes PIMCO unique

  • PIMCO dominates duration, credit, and structured debt under Dan Ivascyn and Andrew Balls.
  • Allianz controls 95%+ after July 30, 2026, giving PIMCO permanent balance-sheet backing.
  • PIMCO still commands scale, with about €2.0 trillion third-party assets as of March 31, 2026.

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Benefits

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-2%
Bloomberg
Sep 2nd, 2026
Waymo raises $3B in first debt deal with Pimco and Blackstone for robotaxi expansion

Waymo is finalising its first debt deal, raising over $3 billion from lenders including Pacific Investment Management Co. (Pimco) and Blackstone. The autonomous vehicle company aims to use the funds to strengthen its position as a leading global robotaxi operator. This marks Waymo's first venture into debt financing as it scales its self-driving taxi service.

The Economic Times
Aug 28th, 2026
IREN secures $2.8B financing and AI lab deal as $684M quarterly loss hits shares

Data centre firm IREN signed a multi-year contract with an undisclosed frontier AI lab and secured $2.8 billion in new financing to fund AI chip purchases. The financing includes a $2.4 billion facility led by Blue Owl and Pacific Investment Management Company. IREN reported a fourth-quarter net loss of $684 million, compared with net income of $176.9 million a year earlier. The loss included a $450.4 million non-cash impairment from decommissioning bitcoin mining hardware as the company transitions to AI cloud services. Revenue fell 27% to $137.2 million but exceeded analysts' estimates of $136.8 million. IREN shares dropped more than 7% in extended trading following the results. The company said its 2026 compute capacity was largely sold out.

FF News
Aug 17th, 2026
Ingenico secures $168M from PIMCO to restructure debt and expand cloud payment platforms

Ingenico has secured €150 million in funding from a PIMCO-led investor group to restructure its capital and accelerate its shift towards cloud-based payment technology. The Paris-based company will use the investment to scale its AXIUM family of Android-based payment devices and expand Ingenico 360, a unified cloud platform consolidating device management, transaction services, and analytics. The funding supports Ingenico's transition from hardware sales to a platform-as-a-service model. The company is opening new offices in London, San Francisco, and Istanbul to house Customer Excellence teams providing localised support. Newly appointed CEO Floris de Kort said the investment enables faster execution on product development and customer service priorities. The recapitalisation aims to strengthen Ingenico's balance sheet whilst funding innovation across its core payment acceptance solutions for retailers, banks, and fintech companies.

Handelsblatt
Jul 31st, 2026
Allianz increases stake in Pimco to at least 95% for minimum $1.6B

Allianz is increasing its stake in US asset management subsidiary Pimco from 90.6% to at least 95%, investing a minimum of €1.4 billion. The Munich-based insurance giant has terminated an employee participation programme that was launched 18 years ago and expired in 2020, through which Pimco managers held a 9.4% stake in the bond fund specialist. The company announced the move on Thursday evening. Pimco specialises in bond funds and operates as a subsidiary of the German insurance group.

Forbes España
Jul 2nd, 2026
Pimco launches global fixed income fund with four-manager team

Pimco has launched the Pimco GIS Global Bond Opportunities Fund, a global fixed income fund within its Pimco GIS UCITS range. The vehicle focuses on the global bond market through allocation across regions, yield curves, sectors and currencies without tracking a bond market index. The fund will be managed by a four-person team: Andrew Balls, managing director and CIO of global fixed income; Sachin Gupta, managing director and portfolio manager; Lorenzo Pagani, managing director and portfolio manager; and Martin Svorc, executive vice president and portfolio manager. The fund is available in the UK, Switzerland, Germany, Austria, Italy, France, Spain, Netherlands, Belgium, Luxembourg, Sweden, Norway, Denmark and Finland, amongst other countries.