Intern - Fixed Income (Summer 2027)

Principal Financial Group • Des Moines, IA

2d • Onsite

About The Position

We’re looking for two Fixed Income summer interns to join our team for summer 2027. The interns will have the opportunity to work on either High Yield or split between Structured Product and Investment Grade. The internship will culminate in a final presentation on your investment recommendation.

Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

Principal Asset Management, a subsidiary of Principal Financial group, offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at www.principalam.com.

Requirements

• Working towards a bachelor’s degree or master’s degree in accounting, finance, economics, engineering, business analytics, math, statistics, sciences (with investment coursework) or a related major
• If undergrad, completion of intermediate level coursework in finance by the summer of 2027
• Strong finance, data, and logical/math skills
• Quantitative analysis experience through coursework or experience
• Additional exposure to investment concepts through involvement in student organizations or work experiences

Nice To Haves

• 3.5 GPA or higher
• Exposure to FactSet, Bloomberg, or similar
• Strong Excel experience
• The ability to interact well in verbal and written communications
• Exceptional organizational skills

Responsibilities

• Assist the traders, analysts and portfolio managers on an ad hoc basis
• Create financial models and analyze investment opportunities
• Improve, streamline, and document existing processes
• Assist with sector coverage
• Interact directly with company roadshows and/or Bloomberg representatives
• Prepare investment performance commentary
• Assist analysts in preparing commercial paper and credit reviews

Benefits

• Paid company holidays
• Internship Stipend of $4,000
• Tax gross-up on stipend

What This Job Offers

• Job Type: Full-time
• Career Level: Intern