Job Area: Investments
Business Area: PGI Fixed Income
Career Category: Intern
Full/Part Time: Full-Time
Date Posted: 2019-11-12
Pursue your calling and make an impact
We know it's important to get off to a great start with your career. Principal offers multiple opportunities to gain experience, make connections, and provide fast-tracked opportunities to learn our business from the inside out.
You're not just looking for an internship
We hear you. That's why working with us isn't just about skill sets and job responsibilities. We care about offering you diverse experiences, rewarding challenges, and global opportunities that push you to reach for bigger life goals.
The Internship Experience
Principal will host over 200 interns across various business units and teams. You will meet with senior executives, gain career direction, and contribute to work that helps our customers live their best lives - all at a Fortune 500 company who invests in your personal and professional development.
Did we mention you'll have plenty of time to explore Des Moines?
Principal is headquartered in Des Moines, Iowa, the Midwest's best-kept secret. You'll get a chance to network at social events and volunteer in the community with peers and team members. From its miles of trails and lakes, local wineries and breweries, to world-class music, theater and a thriving foodie scene, Des Moines offers big-city perks with small-town charm.
Worried about relocation to Des Moines? Don't worry, we offer travel assistance and a living stipend to those who are eligible.
What you'll do
Principal Global Investors will have two internships, May/June
Other functions you may assist with are:
Manage and assist the analysts in preparing Private Placement Screening Memos
Assisting the traders on an ad hoc basis
Running specific daily, weekly, and quarterly reporting requirements for traders and analysts
Improving, streamlining, and documenting existing processes
Assisting with sector coverage
Direct interaction with company roadshows and/or Bloomberg representatives
You must be available to work 40 hours per week from May/June
Applicants must be working towards or have a bachelor's or graduate level degree in finance, economics, accounting, engineering, business analytics or a related major.
Completion of intermediate level coursework in finance is preferred.
This position requires strong attention to detail so a cumulative GPA of 3.0 or higher is required, 3.5 GPA or higher is preferred
Additional exposure to investment concepts through involvement in student organizations or work experiences is also preferred
Strong communication skills and the ability to interact professionally are essential in this role.
Must be available to work 40 hours per week from May/June
How we hire
Once you apply, your application is hand reviewed by our talent team. Generally within a few weeks, the team makes interview selection decisions and communicates those via email. If selected, you'll receive an email from Principal Talent Team to complete a pre-recorded interview on your own time. Be sure to check your email frequently and follow the steps shared to submit timely.
Learn more about our hiring steps and find answers to frequently asked questions.
At this time, we're not able to consider candidates who would need sponsorship now or in the future or those needing work authorization for this role. (This includes students on F1-OPT, F1-CPT, J-1, etc.) However, we'd hope you continue to keep us in mind for other potential opportunities in the future.
Principal is an Affirmative Action and Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to of age, race, color, religion, sex, gender identity, gender expression, pregnancy, national origin, citizenship status, disability, genetic characteristics, sexual orientation, marital status, domestic partner status, military status, protected veteran status, disability status or any other characteristic protected by law.
Investment Code of Ethics
For positions with Principal Global Investors, you will be required to comply with a Code of Ethics which covers a number of obligations related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.
Who we are
We help people build the kinds of lives they dream aboutempowered by financial security and stability. We started in 1879 (yes, 1879) as an insurance company. Today, we're a member of the FORTUNE 500 and a global investment management leader.
So that's what we do. As far as who we are, well, we believe that how we do things is just as important as what we do.
Doing what's right has been a part of who we are for more than 140 years. We focus on taking care of not only our employees, customers and advisors, but also the people who live in the communities where we do business.
Learn more about our values in the workplace.
Principal Financial Group