Amir Mani is a double major in Business Economics and Mathematics graduating in May 2018. This summer, Amir interned at PIMCO as their portfolio Analysts in Newport Beach, CA.
How did you land this internship? I was specifically interested in asset management when I was 15. As soon as I started my college, I began looking for opportunities within the field. My early researches indicated that PIMCO is one of the few asset managers that provides opportunities where I could use a combination of my quantitative and qualitative skills. In my sophomore year, I applied for PIMCO’s Career Insight Day event, and had an opportunity to visit the firm and network with professionals. In my junior year I applied for a portfolio analyst role and went through a two-step interview process. The first step was a phone interview and the final step was a five round of five in person interviews with ten investment professionals. After expressing my passion and skill set I finished my interviews with success and landed this internship
What was a typical day like? I worked on the mortgage desk on the trading floor throughout my internship. My day used to start at 5:30 AM. At first, we had to look at our holdings across various accounts and calculate some FX trades based the positioning of our portfolios. As soon as the market was open, our tasks were highly dependent on various news and macroeconomic conditions of different regions. Occasionally we had to interact with account managers and clients to ensure our positioning are aligned with their will. After the market was closed, I was mostly working on some projects to find new ways on how to improve efficiency withing my team. Examples of these projects are developing a distribution software for non agency mortgages and developing a program for tracking holdings of major financial bonds.
What was your favorite part of the experience? My favorite part of the internship at PIMCO was having an opportunity for networking and learning from some of the smartest investment professionals in the world along with finishing meaningful projects to help my team.
What advice do you have for other students seeking a similar internship? I would recommend students who are interested in a role of portfolio analysis to develop their quantitative skills specifically within data science. As a portfolio analyst, you spend a significant portion of your day working with various data sets, as a result being comfortable with data is a critical component of this role.