Principal Financial Group · 7 hours ago
Stable Value Portfolio Manager
New York, NY
Full-time
Onsite
Senior Level
$157K/yr - $285K/yr
5+ years expPrincipal Financial Group is a leading investment solutions provider managing about $580 billion in assets. They are seeking a Portfolio Manager to join their Stable Value Team, responsible for managing investment strategies and portfolio construction for stable value portfolios.
Financial ServicesInsurance
No H1B
U.S. Citizen Only
Responsibilities
Manage stable value portfolios, including asset allocation, cash flow analysis, and liquidity planning. Partner with the team to implement the optimal mix of wrap providers and subadvisors
Support Sales and Service teams through client presentations, RFP/RFI responses, and thought leadership that leverages stable value and fixed income expertise
Stay current on the stable value industry, fixed income markets, and broader economic trends—and provide insights that inform portfolio strategy
Assist in managing wrap issuer relationships, including contract reviews and guideline negotiations
Co-manage daily investment activities for medium-sized or complex stable value accounts, ensuring performance, risk, diversification, and liquidity align with client objectives and policy guidelines
Represent Principal Morley in client meetings, due diligence sessions, and finals presentations; articulate investment capabilities and contribute to product development and competitive positioning
Monitor market and industry developments to identify opportunities, risks, and emerging themes; cultivate external relationships to enhance market intelligence
Contribute to team development by coaching, mentoring, and fostering a collaborative, high-performance environment
Qualification
Required
Bachelor's or Master's degree in business, finance, economics or another technical field
5+ experience with stable value strategies and/or experience in a trading, research, portfolio specialist or portfolio management capacity
Strong knowledge of global economies and investment theories, fixed income investments, and related regulatory requirements
Preferred
Stable Value portfolio management and structuring experience
Book Value contract analysis and negotiation experience
MBA and/or CFA designation
Must be able to build and maintain strong relationships and negotiate
Strong decision making, and communication (verbal and written) skills
Must be self-motivated, client-driven, competitive, results oriented and have excellent planning, delegation, and time management skills
Must have a keen sense of curiosity and open-minded thought process
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
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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