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Principal Financial Group Graduate Equity Summer Internship 2020 - #223633 in Des Moines, Iowa

Job Area: InvestmentsBusiness Area: PGI EquitiesLocation: IA - Des MoinesCareer Category: Experienced Professional,InternFull/Part Time: Full-TimeRegular/Temporary: TemporaryDate Posted: 2019-11-05

What you'll do

Principal Global Investors will host a small group of interns in our equity investment division during Summer 2019. These interns will be assigned to one of two equity investment teams, Principal Global Equities or Aligned Investors. Each team has its own unique investment philosophy and process.

Opportunities will provide a comprehensive overview of the equity investment process the team utilizes which may include deep fundamental analysis focused on particular drives of the investment process, stock selection models, quantitative ranks, portfolio construction, performance monitoring, trading and client reporting. Interns will be assigned a focus of either global or domestic equities and be primarily focused on individual stock analysis within the parameters of our investment process and philosophy. While supporting the team you may be involved with support projects for fundamental analysts to identify buy/sell candidates which will allow you to attend analysis meetings and product specific discussion with individual analysts as well as creating our own investment thesis on stocks.

What you'll get from us

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 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 relocating to Des Moines, IA? Don't worry, we offer housing assistance to those who are eligible


  • Candidates must be pursuing or have a Master's, MBA or PHD in finance, security analysis, math, statistics, economics, accounting or an equivalent emphasis.

  • Chartered Financial Analyst (CFA) or CFA candidate preferred.

  • Must have strong knowledge of investments combined with excellent mathematical and organizational skills.

  • Advanced PC skills and proficiency with Excel required. Investment related software knowledge preferred. Exposure to Factset, Bloomberg, etc. are a plus.

  • Candidates must have strong written and verbal communication skills as well as the ability to work independently.

Additional Information

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 about—empowered 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.