Principal Financial Des Moines, IA, USA
Sep 23, 2017Full time
Job Area: Investments Business Area: PGI Fixed Income Location: IA - Des Moines Career Category: Intern Full/Part Time: Full-Time Regular/Temporary: Temporary Date Posted: 2017-08-31 Pursue your calling and make an impact. We know its 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. Youre not just looking for an internship. We hear you. Thats why working with us isnt 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 youll have plenty of time to explore Des Moines? Principal is headquartered in Des Moines, Iowa, the Midwests best-kept secret. Youll 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. Responsibilities Principal Global Investors will have two internships, January through July and June through December 2018, in our Fixed Income Department. During your internship, you will work closely with members of our Fundamental Analyst Team while also assisting our Total Return team with attribution reports. You will be responsible for preparing Commercial Paper Reviews, assist with financial models and ensuring the data integrity of our investment holdings. As your familiarity with investments increases, you will be given opportunities to assist with sector coverage, monthly presentations, and improving our current processes. 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 January through July 2018 OR June through December 2018 in Des Moines, IA. Qualifications Applicants must be working toward a degree in finance, economics, accounting, 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. Investment Code of Ethics You will be required to comply with a Code of Ethics which covers personal trading activities for you and members of your household. Visa Sponsorship This position is intended to groom potential applicants for full-time roles at Principal. These positions are not eligible for sponsorship for work authorization, therefore, if you will require sponsorship for work authorization now or in the future, we cannot consider your application at this time. Due to the fact student visas (J1, F1, etc...) are time-limited, we regret we cannot consider candidates on student visas. Keywords PFGIntern AAEEO Principal is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to 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. Interview Details We review all applicants and you will be notified of your status as the hiring process moves forward. After a phone interview, if you are selected to move forward you may be asked to complete a market analysis. More details will be provided at that time. See job description.