Principal Financial Group · 19 hours ago
Portfolio Analyst
Des Moines, IA
Full-time
Onsite
Mid Level
$89K/yr - $121K/yr
3+ years expPrincipal Financial Group is a leading firm in financial services and technology, committed to making financial security accessible to all. They are seeking a Portfolio Analyst to enhance data processes, support investment functions, and collaborate with business partners to improve performance attribution and investment strategies.
Financial ServicesInsurance
No H1B
U.S. Citizen Only
Responsibilities
Support the investment strategy process through the creation and maintenance of data and reports tied to the various strategic objectives
Spend time with asset class teams to learn the underwriting process, improve investment knowledge, learn about General Account portfolio management strategy, and understand drivers of return and risk
Assist in developing attribution tools to help explain performance for single asset class
Make investment and portfolio recommendations to portfolio managers regarding near term asset allocation
Complete assigned projects independently, including gathering and coordinating information and conducting statistical and numerical analyses
Present results to the appropriate audience
Monitor existing investments, ensure trades are processed effectively, and work closely with digital solutions to automate and improve reporting efficiency
Collaborate with business unit partners as needed
Build relationships by attending and participating in various committees and working groups
Proactively identify and anticipate the needs and concerns of others
Make recommendations and be willing to challenge the status quo
Initiate dialogue with internal and external contacts
Continuously build on knowledge of investment and business unit operations
Develop an understanding of investment structures, key return and risk drivers and portfolio fit of various asset classes
Stay informed on financial markets, current events, and global and US economies
Perform other duties or special projects as assigned
Qualification
Required
Bachelor's degree in business or related field, preferably with a major in finance, economics or accounting, with 3+ years of relevant experience in investment position
Must have (or have the ability to obtain) an in-depth understanding of investment instruments and general economic and market factors, including derivative instruments
Success in this position requires the ability to think strategically, visualize possible scenarios and outcomes based on multiple elements in any given situation, and predict the combined effect of each possible outcome, including GAAP accounting effects
Must be able to make decisions based on this information
Ability to learn quickly, work independently, work with incomplete information, ask questions for clarity, and subsequently apply this knowledge to form a thesis and make recommendations
Knowledge and experience with analysis technologies (ie PowerBI, Bloomberg, Excel, SAS), programming languages (ie R, Python) and other relevant systems is a plus
Occasional travel may be necessary
Preferred
Progress toward an advanced degree or CFA strongly preferred
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.
Pension Eligible
Company
Principal Financial Group
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.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Dan Houston
President and CEO
Liliana (Lil) Waters, CPA, FLMI
CFO – US Distribution
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