Business Analyst Internship (Investment Operations) - #224373
What you'll do:
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 relocating to Des Moines? Don't worry, we offer travel assistance and a living stipend to those who are eligible.
Responsibilities
The Investment Operations Internship within Principal's Retirement and Income Solutions business unit is the perfect opportunity to gain real world experience in the retirement industry. This internship will allow you to play a key role in supporting the investment operations process by focusing on process improvement, daily operational tasks, back end mainframe tables, strong process controls, and data integrity.
In this role you will be a part of an operations team that is responsible for providing timely and accurate daily controls, support trade activities and transaction management. Within this team there are a wide variety of learning opportunities that make up the back-office support system for our investment teams including Building and Maintaining Investments, Cashflow Management, Account Reconciliation research and resolution, and Fund Pricing controls.
The ideal candidate will use their problem-solving, analytical abilities, and technical aptitude to process tasks with high efficiency and accuracy while reviewing for business risk and implementing risk reducing solutions. Assertiveness and attention to detail are also key to this area of our company.
Qualifications:
- Working towards or have a bachelor's degree in a field related to Business Analytics, MIS, Finance, or related majors.
- Excellent problem solving, organizational, and communication skills.
- Possess strong computer skills including experience with MS Word and Excel.
- Highly detail oriented with a critical degree of accuracy regarding data entry and analysis.
- Willingness to take on new tasks and look for ways to improve or automate processes.
- Must be able to work in fast-paced environment and meet daily, weekly, and monthly deadlines.
- Ideal applicants will have a technical aptitude with exposure to SQL and SAS.
- 3.0 GPA or above
How we hire:
Once you apply, your application is 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.
Additional Information:
Work Authorization/Sponsorship
At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.).
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.
Need assistance? Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact Human Resources at (515) 247.MYHR (6947) or at 1.866.524.MYHR
(6947).
(6947).Investment Code of Ethics
For positions with Principal Global Investors, you will be required to follow 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.