Senior Portfolio Analyst, Multi-Asset Investment​/Target Date

Overview

What You'll Do We’re looking for a Senior Portfolio Analyst to join our Target Date team at Principal Asset Management. In this role, you’ll be responsible for research and development initiatives to improve the construction of target date portfolios!

• Develop and implement multi-asset investment strategies for target date portfolios in line with company objectives and client needs
• Analyze market trends, investor behaviors, and economic developments to incorporate into target date portfolios
• Provide research insights and recommendations to the portfolio management team, as well as communicate complex investment concepts and strategies to clients and stakeholders
• Collaborate with other departments, such as recordkeeping and product development, to identify opportunities for strategy enhancements
• Continuously evaluate and improve investment processes to enhance efficiency and effectiveness
• Stay informed on competitors  strategies and performance to inform our own investment decisions

• Bachelor s or Master’s degree with an emphasis in finance, economics, accounting, or a technical field
• 8+ years of asset class modeling and multi-asset class portfolio construction
• General knowledge of investment vehicles, economic and investment theories, the investment environment, retirement investing, and understanding of Principal Asset Management s network of specialized investment groups and affiliate product offerings
• A proven track record of strong analytical and research skills as it relates to retirement investing concepts and strategies

• CFA designation
• Knowledge of Target Date Funds and glide path construction
• Experience with Morningstar, Bloomberg, Fact Set, Barra and performance attribution/risk decomposition tools
• Financial modeling experience that includes Excel, Python, or other coding tools
• Strong written and verbal communication skills
• Ability to efficiently and effectively research, compile and analyze information
• Ability to manage multiple tasks, work independently in a non-structured environment, and drive results

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)
$157000 - $213000 / year

Time Off Program
Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

Pension Eligible
No

Location(s)
We’re open to working from our Asset Management offices in Des Moines, New York City, or Seattle. You can check out what our Global Headquarters in Des Moines looks like here.

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.

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.

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