Director, Architecture and Engineering

We’re looking for a Director, Architecture and Engineering– Asset Management to join our Principal Real Estate team. As part of a dedicated Separate Account Team serving a 3rdpartyinstitutional client, you would oversee the architectural, engineering, construction and environmental aspects ofreal estate transactions!

• Development:
  Manage entitlement, budgeting, design, bidding, construction, and close?out activities for development, redevelopment, environmental remediation, capital projects, and tenant improvements. Oversee project teams from selectionthrough completion, review design documents, support value engineering,monitorsustainability goals, and guide field progress to reduce risk and enhance asset value.

• Acquisitions/Dispositions:
  Lead due diligence for acquisitions, mortgages, dispositions, and foreclosures-evaluating building systems, construction quality, environmental and seismic conditions, and long?term capital needs. Provide expert recommendations and cost assessments to support accurate underwriting and risk evaluation.

• Asset Management:
  Provide guidance and technicalexpertiseto asset management, portfolio management, property management, and leasing teams on all physical aspects of the real estate portfolio.

• Sustainability:
  Develop and execute sustainability initiatives aligned with client goals, including energy/water efficiency, renewable and on?site generation opportunities, and building automation improvements. Pursue LEED, ENERGY STAR, and other industry certifications. Identify and secure rebates, incentives, and tax benefits for eligible projects.

• Industry leadership:
  Stay current on industry trends, engineering standards, and best practices. Represent client interests in industry forums to strengthen risk management, protect asset value, and support competitive investment performance.

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing about $580 billionin assets and over 60 years of experience. Principal Asset Management has been recognized as a “Best Places to Work in Money Management” for 14 consecutive years! Check us out at !

• Bachelor's degree and professional licensure in Architecture, Mechanical Engineering, Construction Management, Civil/Environmental Engineering orotherapplicablefield

• 10+ years of relevant post-licensure experience, working in either a related position at an investment firm - or in an architectural, engineering, or construction management position

• Must have comprehensive knowledge of applicable regulatory standards

• Prior experience at an investment management firm is beneficial

• Project managementexperiencein a variety of building project typessuch as senior living, multi-family residential, office, retail,and industrial

• Experience working with joint venture partners

• Ability to manage third-party technical consultants,interpretreports and provide recommendations for in-houseasset management staff

• Master's Degree

• Strong client service orientation

• Ability to make effective, critical high-impact decisions, creative problem-solving capabilities, and proven consulting and project management skills

• Assertive,diplomaticand positive

Travel about 30% including to

Des Moinestwicea quarter if not living at ourheadquarterlocation.