2027 Summer Intern - Trade Floor Operations Analyst

 
2027 Summer Internship – US Trade Floor Operations Analyst (Cash Desk, Middle Office, Investment Operations) 

Internship positions are located at PIMCO’s Newport Beach, CA Headquarters 

You’re eligible to apply if you:  

• Pursuing an undergraduate degree 

• Must be able to begin full time employment at a PIMCO office between January 2028 – 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 

You’ll excel in this program if you: 

• Demonstrate advanced Microsoft Excel skills and/or Python, SQL, VBA 

• Show a strong interest in the financial markets, macroeconomics, investment finance, and the investment trade lifecycle 

• Possess outstanding analytical skills with the ability to function efficiently and problem-solve in a fast paced and time-critical environment 

• Communicate clearly and collaborate effectively across complex financial, operational, and technical environments. 

• Demonstrate acute attention to detail and can manage multiple competing priorities with appropriate independence and judgment    

• Demonstrate accountability, resilience, adaptability, intellectual curiosity, and a continuous improvement mindset 

• Show the following traits: assertiveness, ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble 

• Can operate effectively when priorities or the path forward are not fully defined 

• Have completed finance, fixed income, data analytics, and/or capital markets coursework (recommended) 

• 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 

• Approach AI-generated output thoughtfully by evaluating reliability, appropriateness, and potential risks before use. 

What you will experience: 

• Gain exposure to the end-to-end investment trade lifecycle through structured experiences across Cash Desk, Middle Office, and Investment Operations.  

• Collaborate with Portfolio Management, Account Management, Trade Support, Legal & Compliance, Operations, Technology, State Street IMS, broker-dealers, custodian banks, clients, and third-party platforms, as relevant to each team.  

• Contribute to technology-enabled process enhancements, data analysis, reporting, operational controls, and workflow improvement initiatives.  

• Build a foundation for potential future opportunities across Trade Floor Operations, Trade Management, Investment Operations, and the broader investment platform 

As a Trade Floor Operations Analyst intern within the US Trade Floor Operations group, you’ll have the opportunity to develop your career by learning about and working within the following three teams:  

Cash Desk  

The Cash Desk is a key operational unit responsible for managing cash, reporting client cash flows, and providing internal cash forecasts across client accounts, mutual funds, and hedge funds. The team works closely with Portfolio Management to support projected overdraft coverage and the investment of excess cash into liquid securities. The Cash Desk regularly interacts with portfolio managers, account managers, internal operations groups, clients, State Street IMS, and custodian banks.  

Middle Office  

The Middle Office manages and governs a key control environment supporting the day-to-day trade lifecycle of PIMCO's Portfolio Management team. Team members collaborate with Portfolio Management, Trade Support, Legal & Compliance, Operations, Technology, and State Street IMS. The team also engages with broker-dealers, custodian banks, and third-party trading platforms. 

Investment Operations  

Investment Operations includes Investment Operations and Corporate Actions. Investment Operations focuses on new securities, emerging-market capabilities, FX execution methods, claim and break resolution, and custodial oversight. Corporate Actions oversees mandatory and voluntary events, restructurings, proxies, bank loan amendments, defaulted securities processing, and class actions. Both teams interact broadly across PIMCO and with State Street Bank, broker-dealers, and client custodian banks. 

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 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 

What to expect during the interview process:  

• After we receive your application, we will conduct an initial review of your resume   

• If you are selected to move forward, you will take a cognitive assessment and have the opportunity to showcase your interests, skills, and personality by completing a one-way video interview   

• Once you complete the assessment and one-way video interview, you will have a final round of live interviews via video conference. These interviews typically include both behavioral and technical questions 

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

For more information on PIMCO and Career Opportunities, please visit www.pimco.com/careers/students