Investment Oversight Intern (Summer 2026)

BroadBean is seeking a Summer 2026 Investment Oversight Intern in Iowa to gain hands-on experience in asset management. The intern will support the Investment & Platform Oversight team by analyzing investment data, preparing reports, and monitoring portfolios. Candidates should be enrolled in a finance-related program with strong Excel skills. The position offers mentorship and insight into asset management careers, with a hybrid work arrangement requiring four days onsite.
What You'll Do
Gain hands-on experience in asset management.
Principal® Asset Management is looking for a motivated Summer 2026 Intern to join our Investment & Platform Oversight (IPO) team. This role offers meaningful exposure to investment due diligence, portfolio oversight, and the use of data to drive investment insights across our global platform.
The IPO team oversees internal and external investment managers for mutual funds, collective investment trusts, UCITs, and life insurance separate accounts. This is a unique opportunity for students with a strong interest in finance and proven analytical skills-especially in Excel-to work alongside experienced investment professionals.
What You'll Do:
As an intern, you'll support the IPO team in core oversight responsibilities and special projects while building knowledge of financial markets, investment strategies, and institutional platforms.
Key responsibilities include:
• Assist in collecting, analyzing, and summarizing investment data
• Support performance and risk analysis of internal and external managers
• Contribute to the preparation of quarterly reports, dashboards, and materials for governance teams
• Monitor portfolios daily for compliance with investment guidelines
• Learn and apply tools like FactSet and Morningstar Direct
• Participate in process improvement projects and team initiatives
• Collaborate with internal stakeholders and respond to data-related requests
Who You Are
• Currently enrolled in a bachelor's program majoring in Finance, Economics, Business, or a related field
• Demonstrated strong proficiency in Microsoft Excel, including functions, formulas, pivot tables, and data manipulation
• Intermediate to advanced understanding of investment concepts, financial markets and investment management
• Curious, analytical, and detail-oriented with excellent organizational skills
• Strong communicator, both written and verbal
• Able to work both independently and as part of a collaborative team
What You'll Gain:
• Real-world investment oversight and data analysis experience
• Exposure to institutional asset management tools and workflows
• Mentorship and guidance from experienced investment professionals
• A supportive, purpose-driven culture focused on learning and development
• Insight into a potential full-time career path in asset management
Preferred (but not required):
• Experience with financial research platforms (e.g., FactSet, Morningstar Direct)
• Prior internship or academic experience related to finance or investments
• Interest in pursuing the CFA designation or similar credentials in the future
Location: This position will be in our Des Moines Iowa or Chicago Illinois office and will benefit from a hybrid work arrangement, with an average of 4 days a week onsite.
Why Principal?
At Principal®, we combine global financial expertise with cutting-edge tools to help people and institutions achieve lasting financial security. With over 140 years of purpose-led leadership, we're committed to building better futures for our clients and communities.
Explore Principal Asset Management: www.principalam.com
Get a look at our workplace: Principal® Campus - YouTube
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 (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$29 - $31 / hour
Time Off Program
Paid company holidays and any time off required in your state.
Pension Eligible
No Our Internship Culture
Join an established program that provides hands-on experiences for 200+ interns each year! You'll learn new skills with dedicated teams and mentors, build your professional network and collaborate across a global Fortune 500 company. We care about offering you diverse experiences and exciting challenges that push you to reach for bigger life goals, all while enjoying our flexibility and work life balance. Join us for events such as our Executive Speaker Series, gain career direction, and much more!
https://www.principal.com/about-us/careers/internships
Internship Stipend
You will receive a lump sum stipend of $3,000. 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.
Work Authorization/Sponsorship
At this time, we're not considering applicants 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.
Nonimmigrant Workers and Green Card for Employment-Based Immigrants
Investment Code of Ethics
For Principal Asset Management 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
At Principal, we value connecting on both a personal and professional level. Together, we're imagining a more purpose-led future for financial services - and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.
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.
Posting Window
We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Original Posting Date
8/22/2025
Most Recently Posted Date
8/28/2025