Citi IB SF Tech vs PIMCO CA Portfolio Management Desk Analyst
Two offers for Junior Summer Internship: Citi Investment Banking, Tech (SF) vs PIMCO Desk Analyst, Portfolio Management (CA)
I'm a little bit hesitated, as Desk Analyst in PIMCO is more like a pilot program (first time hiring undergraduate students)=> not sure how valuable this experience gonna be. Meanwhile, heard some negative feedbacks about the culture of Citi SF office (please correct me if I'm wrong) and concern about work life balance in IB.
At current stage, I'm picturing myself as a private equity investor in the future (long term) but open to change.
(Copy and paste the Job responsibility for your reference)
Citi:
•The Investment Banking group provides sector expertise and strategic advisory solutions, including mergers & acquisitions, capital raising and other strategic financings to corporate, financial service and public sector clients
•Conduct industry analysis and research to intelligently advise corporate clients
•Handle multiple banking projects while managing time and expectations
•Develop new business presentations
PIMCO:
•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
•Aggregating sector/market news flow
•Engineering tools and streamline processes to aid efficiency
•Analyzing data to form summaries of overall changes in market positions
•Support Portfolio Managers in terms of information flow and data requests
•Manage orders and trade flow in a logical risk controlled manner with a high sensitivity to fiduciary responsibilities
•Analyzing and developing trade ideas in fixed income products
•Your supervisor, peer mentor, senior leaders and team offer guidance and mentorship throughout the summer
Depends on your goal. Having PIMCO on your resume is a lot of cash but Tech IB at Citi will open many doors for you too.
Thank you for your reply! Could you please shed more light on the exit option between Pimco vs Citi IB for me?
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