Principal Financial Group · 9 hours ago
Portfolio Analyst, Asset Allocation
Des Moines, IA
Full-time
Onsite
Entry, Mid Level
$89K/yr - $121K/yr
2+ years expPrincipal Financial Group is a leading investment solutions provider managing approximately $580 billion in assets. The Portfolio Analyst will support the Target Date Funds team by delivering investment forecasts, risk analytics, and portfolio modeling to optimize performance and provide insights to the portfolio management team.
Financial ServicesInsurance
No H1B
Responsibilities
Support asset class research, risk modeling, scenario analysis, and efficient frontier work
Create reports that monitor key investment criteria, risk characteristics, and attribution trends
Provide insights and recommendations to the portfolio management team based on independent analysis
Participate in client and consultant due‑diligence meetings
Communicate portfolio positioning, performance, sub‑advisor updates, and active risk drivers
Assist in preparing and publishing performance commentary
Build and optimize model portfolios across U.S. and global platforms under senior PM guidance
Select asset classes and investment vehicles (funds, ETFs, etc.) and update models as capital market assumptions and market conditions evolve
Contribute to white papers and other thought‑leadership materials
Continue developing advanced analytical skills to support investment research and portfolio insights
Qualification
Required
Bachelor's degree with an emphasis in finance, economics, accounting, or similar technical field
General knowledge of investment vehicles, economic and investment theories, the investment environment, and an understanding of Principal Asset Management's network of specialized investment groups and affiliate product offerings
Advanced Excel (XLOOKUP, INDEX/MATCH, SUMIFS/COUNTIFS)
Preferred
2+ years of relevant investment-related experience
Python or similar coding tools
CFA designation, or progression towards
Experience with Morningstar, Bloomberg, FactSet, Barra and performance attribution/risk decomposition tools
Charles River experience
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
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
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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