2025 Summer Internship – Trading Analyst, London

at  PIMCO

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.
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.
Internship positions are located at PIMCO’s London office, UK.

You’re eligible to apply if you:

• Are an undergraduate currently pursuing a degree with an expected graduation date of Dec 2025 – June 2026
• Have a minimum 2:1 degree (or the equivalent) at an accredited college or university
• Have a field of study that provides exposure to financial/capital markets, economics, mathematics, engineering, or applied sciences
• Are business proficient in English

You’ll excel as a Trading Analyst Intern if you:

• Possess outstanding analytical and mathematical skills
• Have proficiency in at least one of the following: Python, SQL, and/or VBA
• Show a strong interest in the financial markets, macroeconomics, investments, finance
• Have strong work ethic and integrity; you should be a team player that is proactive and self-motivated
• Have the ability to work effectively on multiple projects simultaneously
• Are comfortable with handling ambiguity

See yourself as a Trading Analyst:
PIMCO’s Portfolio Management team creates and supports investment solutions designed to help clients meet their financial goals while navigating decades of market change. The most important function of this role is to maximize return consistent with client objectives. You will work alongside Portfolio Managers on the desk, focusing on supporting the execution and optimization of trades and required research. You will gain insight into the day-to-day functioning of Capital Markets and contribute firsthand the trading of global risk and capital flows. Successful interns receiving full time offers will have the opportunity to join full-time after graduation.

Responsibilities of the role include:

• Aggregate sector/market news and trade flows through communication with sell-side traders in order to update Trade Floor
• Analyzing and developing trade ideas in fixed income products
• Communication with sell-side traders/economist/strategist in order understand current market dynamics
• Support Senior Portfolio Managers in terms of managing client accounts
• Create tools in order to streamline processes and improve efficiency

The PIMCO Internship Experience:

• The PIMCO Internship Program runs for 10 weeks beginning in early/mid-June 2025
• During Week 1, you’ll participate in PIMCO Fundamentals Training, providing you with the skills, knowledge, and relationships that seek to set you up 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!
• You’ll receive guidance and mentorship throughout the summer by your supervisor, peer mentor, senior leaders and team
• 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
• As a PIMCO intern, you’ll receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations

Want to learn more? Hear about
The PIMCO Internship Experience
from past interns
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. 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 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
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.

• Aggregate sector/market news and trade flows through communication with sell-side traders in order to update Trade Floor
• Analyzing and developing trade ideas in fixed income products
• Communication with sell-side traders/economist/strategist in order understand current market dynamics
• Support Senior Portfolio Managers in terms of managing client accounts
• Create tools in order to streamline processes and improve efficienc