Summer Quant Research Intern: Multi-Asset Signals

Principal International

Des Moines, Northern (IA, KY)

Hybrid

USD 40,000 - 55,000

Full time

3 days ago
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Benefits offered by this job

Stipend of $4,000
Tax gross-up on stipend
Fortune 500 internship program

Job summary

Principal Asset Management, a subsidiary of Principal Financial Group, offers global asset management exposure across a diverse set of asset classes. The Summer 2027 Quantitative Analyst Intern will support research and portfolio analytics for multi-asset strategies, working with the investment team on data analysis, model evaluation, and backtesting.

Located in New York City or Des Moines; this full-time onsite internship includes mentorship, events, and opportunities to mesh with a Fortune 500

Qualifications

  • Pursuing a quantitative degree (Bachelor/Master/PhD) in a related field.
  • Proficiency in Python and familiarity with SQL.
  • Interest in quantitative investing and global multi-asset strategies.
  • Ability to work with large, complex datasets.

Responsibilities

  • Conduct quantitative research and analyze financial and macro data.
  • Support development, testing, and evaluation of systematic signals and portfolio models.
  • Perform backtesting, attribution, risk analysis, and portfolio diagnostics.
  • Work with large datasets and improve research workflows.
  • Summarize findings and present results to portfolio managers.

Skills

Python
SQL
Quantitative investing
Analytical skills
Communication

Education

Financial Engineering
Finance
Economics
Mathematics
Statistics
Computer Science

Tools

Bloomberg
FactSet

Job description

Principal Asset Management, a subsidiary of Principal Financial Group, offers global asset management exposure across a diverse set of asset classes. The Summer 2027 Quantitative Analyst Intern will support research and portfolio analytics for multi-asset strategies, working with the investment team on data analysis, model evaluation, and backtesting.

Located in New York City or Des Moines; this full-time onsite internship includes mentorship, events, and opportunities to mesh with a Fortune 500

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