Senior Portfolio Analyst, Market Strategy & Research – Asset Allocation

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 provide relative asset class research and make recommendations to improve multi-asset class strategy performance!

• Develop and enhance relative asset class research and provide asset allocation recommendations to the portfolio management team
• Develop and enhance capital market forecasts that inform asset allocation decisions and multi-asset class portfolio construction as it relates to Target Date strategies
• Monitor and analyze market trends, economic developments, and geopolitical shocks to make informed investment decisions
• Communicate complex investment concepts and strategies to portfolio managers and stakeholders

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing about $580 billion in 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 or Master’s degree with an emphasis in finance, economics, accounting, or a technical field
• 8+ years of relative asset class modeling and asset allocation recommendations
• General knowledge and understanding of investment vehicles, economic and investment theories, the investment environment, retirement investing, and Principal Global Investors  network of specialized investment groups and affiliate product offerings
• A proven track record of strong analytical and research skills as it relates to relative asset class modeling and market research

• CFA designation
• Experience with Morningstar, Bloomberg, Fact Set, Macrobond, 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 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.

$153000 - $207000 / year

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.

No

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:

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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