2018 Quantitative Summer Intern Program, US

  • Competitive
  • Newport Beach, CA, États-Unis
  • Stage, Plein-temps
  • Pimco
  • 18 déc. 17 2017-12-18

2018 Quantitative Summer Intern Program, US

Position Description

Positions are located in Newport Beach, CA.

Desired candidates should possess the following skills and characteristics:

  • Strong interest and background in finance theory, especially portfolio theory, asset allocation techniques, option pricing, and asset pricing.
  • Strong programming skills and numerical problem solving techniques; training and experience with Python, Matlab, SAS, C++, or other related language. SQL knowledge preferred.
  • Strong formal training in Econometrics is desired, particularly time series econometrics such as vector auto regression, error correction models, Kalman filtering techniques, etc.
  • Ethical, collaborative, organized, flexible, high energy, self-starter, accountable, humble.

Responsibilities and Projects may include:
  • Back testing and optimizing trading strategies
  • Analyzing asset returns and valuation
  • Building valuation and risk tools for rates, FX, credit, securitized products, EM, commodities and equities
  • Asset Allocation and Portfolio construction research/studies
  • Enhancing the firm's risk models to incorporate new risk factors
  • Customizing analytical applications for various mandates and benchmarks
  • Macroeconomic studies

Portfolio Management Quant Program Overview
Participants with quantitative background perform research on and work to implement investment strategies. This includes analysis of historic returns, building valuation models, applying macroeconomic research, and working with specialty desks on trading and execution. The Analytics team works closely with Portfolio Management in developing valuation and risk models to help in both the bottom up and top down investment process. Analytics professionals also develop frameworks for asset allocation. Associates can expect to work in a variety of groups, from product research groups like credit, rate, mortgages to portfolio analytics and client analytics. Strong math, research and empirical skills are required, prior research in asset pricing is desirable.

Summer Internship Program Details:
  • Starts in early June, 10 weeks in length, Week 1 consists of PIMCO Fundamentals training
  • Cross-divisional education, networking & social events
  • Formal mentor program
  • Formal reviews/feedback at mid-summer and end-of-program

How to Apply:
Submit a resume and cover letter to www.pimco.com/careers posting by December 1, 2017 .

Position Requirements

  • Quantitative Master's degree (financial engineering or other technically demanding program such as theoretical physics or math) with an expected graduation date of December 2018 -June 2019
  • Bachelor's degree with a strong quantitative or technical major is required.
  • Minimum 3.2 cumulative collegiate grade point average, on a 4.0 scale or the equivalent, at an accredited 4-year college or university
  • Fluent in English (speaking, reading, writing)

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.