Summer 2025 Intern - Private Strategies, Commercial Real Estate - Military veterans preferred

2024-04-16
PIMCO
Other

/yr

  full-time   part-time   employee   contract


Newport Beach
California
United States

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 Intern - Commercial Real Estate Analyst, US Internship opportunities are located at PIMCO’s Newport Beach, CA Headquarters and New York, NY office. You’re eligible to apply if you: Are an undergraduate currently pursuing a degree with an expected graduation date of December 2025 – June 2026 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 Desired Candidates Should Possess the Following Characteristics: Strong interest in real estate, financial markets, and macroeconomics Skills conducting research and basic financial modeling. Demonstrates natural intuition to make good judgments. Proactive in thinking about potential investment ideas. Good communicator; strong written and oral presentation abilities. Needs to be persuasive and credible. Strong work ethic and integrity; you should be a team player that is proactive and self-motivated. Ability to work effectively on multiple projects simultaneously Preferred but not required: investment banking or real estate sophomore internship Commercial Real Estate Team Overview: PIMCO invests in real estate opportunities through its flagship BRAVO IV and PCRED II funds along with other investment funds. The firm’s U.S. real estate team sources, underwrites, and invests in private and public real estate opportunities, including direct real estate, mezzanine financing, commercial mortgage backed securities, and other real estate related investments. The team benefits from a flexible pool of capital with the ability to invest across asset types, geographies, and the capital structure. The PIMCO Internship Experience: The PIMCO Internship Program begins in early/mid-June 2025 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 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 March 18, 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. We'll send status updates throughout the process. You’ll showcase your interests, skills, and personality by completing a one-way video interview If selected to move forward, you'll meet with us for a final round video interview. 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 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. Hourly Rate: $ 52.88 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.