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Principal Financial Group Investment Operations Extended Internship (Jan-Aug 2023 or May-Dec 2023) in Des Moines, Iowa


Principal Global Investors is the perfect opportunity to gain real world experience in the investment management industry. Our Investment Operations Extended Internship will allow you to play a key role in supporting the investment management process by focusing on process improvement, projects, strong controls and data integrity.

Principal Global Investors is a premier global asset management firm with over $630 Billion in assets under management. We operate globally and therefore; you will be a part of our global operation’s department that is responsible for providing timely and accurate investment data to the investment boutiques and clients globally. Each intern opportunity will differ based on the needs of the business area. Generally, interns will be exposed to or be responsible for:

  • Collaborate with other teams in Investment Operations to complete tasks and develop solutions.

  • Work with data consumers and stakeholders to delivery accurate investment related data.

  • Analyze and maintain accuracy on investment related data through data integrity reports.

  • Participate in process improvement and automation projects as needed.

  • Learn the technology used to calculate integrated investment related data.

We utilize a team-based approach and have a wide range of opportunities in our Investment Operations Department such as Trade Support, Data Management, Investment Accounting, Investment Performance, Corporate Actions and Separately Managed Accounts to name a few. You’ll be placed on one of these teams within the Investment Operations department where you will find opportunity to grow your career!

All applicants should have availability of up to 40 hours a week from January – August 2023 or May – December 2023 in order to be considered for this position.



  • Working towards or have an undergraduate or graduate degree in Finance, Accounting, Economics, Data Analytics, Business Analytics, or related majors.

  • Excellent problem solving, analytical, organizational, and communication skills required.

  • Work in fast-paced environment.

  • Intellectual curiosity.

  • Minimum 2.8 GPA

  • Involvement on campus or within the community

  • Intermediate to advanced Excel skills

Preferred Qualifications:

  • Exposure with data visualization tools such as Tableau, Power BI or others are a plus

  • Exposure to data analysis and/or investment concepts through intermediate level coursework, community involvement and/or internship/employment experiences

  • Highly detail oriented with a critical degree of accuracy regarding data entry and analysis

  • Willingness to tackle new tasks and look for ways to improve or automate processes

  • Project oriented with ability to drive and compile meaningful results

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salary Range

$20 - $22 / hour

Additional Information

Internship Stipend

You will receive a lump sum stipend of $6,000. This amount is intended to support incidental expenses you may incur as part of your internship. The Company will provide a tax gross-up on this stipend as a financial benefit, but is not intended to compensate for all tax liabilities.

Pay Transparency

Principal offers competitive pay based on your education level and experience, including whether in the past you’ve interned with Principal.

We’ll consider talent at the next internship level with the right experiences and skills


This internship will be located at our corporate headquarters in Des Moines, IA with 2+ days/week in the office or more should candidates wish to be in more.

See your future. And make it real.

Starting your career on the right track is important. That’s why we offer you a hands-on internship program full of focused activities and opportunities to gain experience, make connections, and learn the business from the inside out.

Here’s what you can expect:

  • Meet with senior executives and work alongside with experienced professionals

  • Gain career direction to help you achieve your professional and personal goals

  • Contribute to work that helps more people and businesses around the world save enough, have enough and protect enough

  • Explore new perspectives in an inclusive, welcoming culture

Work Authorization/Sponsorship

At this time, we're not considering candidates that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States? This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links. and

Investment Code of Ethics

For Principal Global Investors positions, you’ll need to follow an Investment Code of Ethics 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.

Experience Principal

While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values ( , benefits ( and why we’re an exceptional place ( to grow your career.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Job Locations US-IA-Des Moines

Posted Date 3 days ago (9/23/2022 2:09 PM)

Job # 2022-36611

Category Investments

Ent Seg PGI

Bus Area Principal Funds

Pos Typ Intern (Full Time)

Remote No

FLSA Non-Exempt