Apply on Employer Site

Principal Financial Group · 2 days ago

Portfolio Associate

Lake Oswego, OR

Full-time

Onsite

New Grad, Entry Level

$91K/yr - $107K/yr

Principal Financial Group is a leader in financial services, committed to making financial security accessible to all. The Portfolio Associate will provide financial and operational support to portfolio management, research, and trading teams, focusing on the management of fixed income portfolios through analysis, compliance monitoring, and reporting.

Financial ServicesInsurance

No H1B

Responsibilities

Analyze portfolio performance, analytics, and attribution by utilizing tools such as Bloomberg, Aladdin and quantitative techniques

Assist portfolio managers by running risk/attribution reports versus appropriate benchmarks

Review and ensure portfolio compliance with guidelines

Work with portfolio management to establish and implement investment strategy across client portfolios using various tools to develop specific portfolio buy/sell trades affect exposure rebalancing

Support Stable Value Portfolio Construction team with reporting and analysis of book value portfolios

Respond to basic inquiries and requests for information (i.e. risk/attribution and other analytic reports) about investment strategies from marketing, RFP, product management, distribution, consultants and clients

Work with portfolio managers, the research team, the client service team, compliance and senior management to create risk and attribution and other analytical reports to present to both internal and external clients

Qualification

Financial analysisPortfolio managementBloombergExcelComputer programmingFinancial markets knowledgeAnalytical tools developmentCuriosityCommunication skillsCollaboration

Required

Bachelor's degree in business or technical field (i.e. finance, accounting, economics, statistics, engineering, data science, computer science)

Ability to understand basic accounting principles and economic theory, interpret financial statements, and efficiently and effectively research, compile and analyze information

Interest in and an aptitude for learning new analytical systems and quantitative techniques

Strong technical abilities and use of Excel and experience related to computer programming

Self-starter who can work independently with minimal direction, manage multiple priorities, and manage expectations effectively

Excellent abilities in the areas of communication (verbal and written)

Collaborative with the ability to build and maintain strong relationships

Preferred

Coursework or experience related to computer programming is preferred

Knowledge of financial markets and fixed income strategies

Experience developing analytical tools and enhancing reporting and analytics workflows through automation with programming and scripting skills (e.g., Python, R, VBA) desired

Keen sense of curiosity and forward-thinking thought process desired

Benefits

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.

Company

Principal Financial Group

Glassdoor3.9

Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.

Founded in 1879