Job description
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.
2024 Off Cycle Internship - Alts CRE Equity Analyst, London
6 months placement
Internship positions are located in London
You’re eligible to apply if you:
- Are an undergraduate currently pursuing a degree with an expected graduation date of June 2024-June 2025
- Have a minimum 2:1 degree (or the equivalent) at an accredited college or university
- Are business proficient in English, fluency in additional European languages is highly desirable
You’ll excel as a Real Estate Investment Intern if you:
- Have a strong interest in the financial markets, macroeconomics, investment, real estate
- Have skills conducting research and basic financial modeling. Demonstrate natural intuition to make good judgments
- Are proactive in thinking about potential investment ideas
- Are a good communicator; have strong written and oral presentation abilities. Are persuasive and credible
- Have strong work ethic and integrity; are a team player that is proactive and self-motivated
- Have the ability to work effectively on multiple projects simultaneously
- Preferred but not required: Have previous experience in an investment banking or real estate investing internship
See yourself as a Real Estate Investment Intern:
Since launching its first opportunistic credit vehicles over 15 years ago, PIMCO has developed a significant presence in real estate. PIMCO manages one of the largest global real estate investment platforms with about $195 billion in assets under management and expertise across all major asset classes and geographies. This allows PIMCO to underwrite and execute investment opportunities across the risk and liquidity spectrum in global real estate debt and equity markets, both public and private.
You will work alongside seasoned Portfolio Managers, focusing on financial modeling and qualitative analysis in support of real estate investing, across direct asset acquisitions, corporate investments and platform build-outs, special situations/distressed debt and direct lending. Throughout the course of the internship, you will support the team efforts in sourcing, evaluating, underwriting and managing of real estate investments. Successful interns receiving full time offers will have the opportunity to join a two year rotational program with a potential for a career track in Portfolio Management.
The PIMCO Internship Experience:
- The PIMCO Internship Program runs for 6 months beginning in early January 2024
- Your supervisor, peer mentor, senior leaders and team offer guidance and mentorship throughout the internship
- You’ll receive feedback at mid- and end-of-internship as part of a formal review process to keep you on the path to meeting your internship goals
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Want to learn more? Hear about The PIMCO Internship Experiencefrom 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:
We review applications on a rolling basis and encourage you to apply by submitting your resume & unofficial transcript 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.
- You’ll showcase your interests, skills, and personality by completing a one-way video interview
- If successful, you will be invited to complete a 90 minute modelling test
- 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
www.pimco.com/careers
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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.