What You'll Do

We’re looking for a Portfolio Analyst III to join our General Account portfolio management team. In this role, you’ll provide analytical, reporting, and other support within a real estate investment team!

• Maintain extensive knowledge of the assets within assigned portfolios. Provide analytical support regarding client business plans and investment strategies including portfolio performance, diversification measures, sensitivity analysis, variance analysis and other relevant financial analysis. Maintain positive client relationships by establishing close contact with external and internal clients. Address client questions regarding portfolio analysis process.
• Ensure a coordinated flow of quality information reaches portfolio manager(s), real estate investment teams and clients. Assist in the design, preparation and reporting of economic and statistical portfolio reports as required by clients, regulatory agencies and others. Provide quality control of portfolio management information.
• Assist portfolio manager(s) with major accounts or funds
• Responsibilities may also include generation of client reports, on-boarding and processing of investments, and assistance in the development and launch of new strategies, funds and separate accounts
• Act as a liaison with internal service providers for the fund
• Develop and maintain understanding of real estate market/portfolio dynamics. This includes travel to relevant markets
• Mentor and share knowledge with less experienced analysts

Principal Real Estate, a top-10 global real estate manager with approximately $100B in assets under management, is the dedicated real estate investment group within Principal Asset Management. With over 60 years of experience our comprehensive, specialized capabilities across all four quadrants of commercial real estate-—private equity, public equity, public debt, and private debt gives us a unique perspective on real estate space and capital markets.

 

Principal Asset Management offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at www.principalam.com!

Who You Are

• Bachelor's degree or eight years experience in finance, business or related field; preferably real estate emphasis
• 4 years of analytical commercial real estate experience
• Experience in commercial real estate modeling techniques

Skills That Will Help You Stand Out

• MBA
• Strong analytical, organizational, interpersonal and communication skills (oral and written)
• Impeccable attention to detail
• Strong quantitative financial background
• Ability to make effective decisions
• ARGUS
• POWER BI

This position may be subject to SEC restrictions on personal political contributions.

 

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$106400 - $135000 / year
Time Off Program

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.
Pension Eligible

No
Additional Information

Location

This role will be based out of our World Headquarters located in Des Moines, IA.

Work Environments

This role is primarily in-office with the flexibility to work from home occasionally.  This is not considered a hybrid work environment. 

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Original Posting Date

4/2/2024
Most Recently Posted Date

4/2/2024