2022 Summer Intern - Alt Credit & Priv. St, London

Job Description

About Us: We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds andprivate equity. PIMCO is one of the largest investment managers, actively managing more than $2.22 trillion in assets for clients around the world. PIMCO has over 3,000 employees in 20 offices globally. PIMCO is recognized as an innovator, industry thoughtleader and trusted advisor to our clients. PIMCO is one of the worlds premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people,diversity of thought, and a commitment to an inclusive culture that engages in our global communities. Position Description: 2022 Summer Internship - Alt Credit & Private Strategies , London (Undergraduate) Internship positions are located at London office.See Yourself as an Alt Credit & Private Strategies Intern , London : Since launching its first opportunistic credit vehicles over 15 years ago, PIMCO has developed a significant presence in both alternative credit and private investment strategies. Our strategiesinclude those that seek to identify value primarily in listed securities, relying on fundamental and capital structure analysis, and also strategies that seek to privately finance the debt and equity needs of companies, asset holders, and origination platforms.We invest globally across commercial and residential real estate and mortgage credit, performing and distressed corporate debt, and specialty finance markets. You will work alongside seasoned associates and Portfolio Managers, focusing on financial modelingand qualitative analysis in support of direct lending and special situations/distressed debt investing. Throughout the course of the summer, you will support their team efforts in sourcing, evaluating, underwriting and managing of alternative credit and privatestrategy 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 Programmeruns for 10 weeks beginning in early/mid-June 2022 During Week 1, youll participate in PIMCO Fundamentals Training, providing you with the skills, knowledge, and relationships that will prepare you for success Alongside your colleagues, participate in PIMCOsGlobal Month of Volunteerin g , 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 guidanceand mentorship throughout the summer Youll 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& search for live virtual recruiting events ! As a PIMCO intern, youll receive competitive compensation, along with a transition bonus to help with relocation to one of our office locations How you should apply: Applications open September 13, 2021. We reviewapplications on a rolling basis and encourage you to apply by submitting your resume & cover letter as soon as you are ready. What to expect during the interview process : After we receive your application, well conduct an initial resume & cover letter review.Well send status updates throughout the process. Youll showcase your interests, skills, and personality by completing a one-way video interview using the Spark Hire platform. If selected to move forward, youll meet with us during final-round interviewsconducted live via Webex. Interviews typically consist of behavioral and technical concepts. Position Requirements: Youre eligible to apply if you: Are an undergraduate currently pursuing a degree with an expected graduation date of December 2022 - June 2023Have a minimum 2:1 degree (or the equivalent) at an accredited college or university Are business proficient in English. Proficiency in additional European languages is highly desirable. Youll excel as an Alt Credit & Private Strategies Intern if you: Showstrong interest in the financial markets, investment corporate finance, and/or accounting Demonstrate skills conducting research and basic financial modeling Demonstrates natural intuition to make good judgments Are proactive in thinking about potential investmentideas Are a good communicator; strong written and oral presentation abilities Are persuasive and credible Show strong academic credentials and achievement Exhibit strong work ethic and integrity; you should be a team player that is proactive and self-motivatedHave the ability to work effectively on multiple projects simultaneously Have previous experience in an investment banking internship (preferred but not required)