Apply on Employer Site

Principal Financial Group · 1 day ago

Associate Director, Quantitative Equities

New York, NY

Full-time

Hybrid

Mid, Senior Level, Lead/Staff

$137K/yr - $185K/yr

5+ years exp

Principal Financial Group is a leading investment solutions business managing about $580 billion in assets. The Associate Director, Quantitative Equities will leverage quantitative methods to develop investment strategies and support portfolio managers across various strategies.

Financial ServicesInsurance

No H1B

Responsibilities

Leverage Quantitative Methods to Inform Investment Decisions around income enhancement

Build tools to evaluate options market opportunities

Evaluate other income enhancing tools and asset classes

Advise portfolio managers across US and Global Strategies

Lead data sourcing and management efforts, including acquisition from external vendors, pipeline development, database design, and quality assurance to ensure timely and accurate information delivery

Publish and monitor production models that influence investment decisions

Deliver interfaces and solutions to end users in intuitive and useful ways

Monitor and control performance of models and investment products

Leadership of projects and people including supporting Portfolio Managers and Analyst teams

Qualification

Quantitative MethodsEquity Investment ExperienceProgramming PythonProgramming RProgramming SQLData EngineeringResearch SkillsDecision MakingCreativityCommunication Skills

Required

Bachelor Degree in Statistics, Data Science, Business, Finance, Financial Engineering, Engineering, Computer Science or equivalent

5+ years of related experience in equity investment industry and quantitative finance (models), options preferred

Experience with programming such as Python, R, and/or SQL

Preferred

Experience in Data Engineering, including database design and ETL principles

Ability to make effective, well-informed decisions and recommendations in a highly time-sensitive environment, often with incomplete and/or contradictory information

Ability to efficiently and effectively research and summarize information, and communicate persuasive recommendations

High level of self-initiative, be able to work independently within a collegial structure, and be comfortable taking risks

Enjoy asking questions, expressing opinions, and actively engaging in internal discussions regarding investment strategy and recommendations

Ability to demonstrate creativity and offer unique solutions to complex problems

Creativity in defining challenging exploratory projects and developing solutions

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.

Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

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

Des Moines, Iowa, USA

10001+ employees