Senior Portfolio Analyst, Target Date Asset Allocation
Principal Financial Group, Seattle, WA, United States
What You’ll Do: We’re looking for a Senior Portfolio Analyst to join our Target Date team at Principal Asset Management. In this role, you’ll be responsible for research and development initiatives to enhance the construction of target date portfolios!
Responsibilities
Develop and implement multi-asset investment strategies, including glide path design for target-date portfolios, aligned with company objectives and client needs
Leverage strong quantitative expertise to build, optimize, and maintain glide path models across regions, construct multi‑asset class portfolios, evaluate risk‑return trade‑offs, and support data‑driven investment decisions
Analyze and synthesize market trends, investor behaviors, and economic developments for inclusion into target date portfolios
Provide research insights and recommendations to the portfolio management team, as well as communicate complex investment concepts and strategies to clients and stakeholders
Collaborate with the broader Principal Asset Allocation team—risk analytics and quantitative partners—to identify and implement strategy enhancement opportunities
Continuously evaluate and improve investment processes to enhance efficiency and effectiveness
Stay informed on competitors' strategies and performance to inform our own investment decisions
Qualifications
Seasoned investment professional with direct experience managing or supporting a target date franchise
Bachelor's or Master’s degree in finance, economics, accounting, or a technical field
8+ years of asset class modeling with an emphasis on glide path maintenance and construction
General knowledge and understanding of investment vehicles, economic and investment theories, the investment environment, retirement investing, and Principal Global Investors' network of specialized investment groups and affiliate product offerings
Proven track record of quantitative portfolio construction expertise (e.g., asset allocation, portfolio optimization, scenario analysis, and risk modeling) to support glide path design and ongoing portfolio management
Skills That Will Help You Stand Out
CFA designation
Experience with Morningstar, Bloomberg, FactSet, Barra and performance attribution/risk decomposition tools
Financial modeling experience that includes Excel, Python, or other coding tools
Strong written and verbal communication skills
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
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly) $157,000 - $213,000 / 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
Location(s) Open to working from Asset Management offices in Des Moines, New York City, or Seattle.
Work Authorization/Sponsorship We are not considering applicants that require immigration sponsorship at this time.
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.
#J-18808-Ljbffr
Responsibilities
Develop and implement multi-asset investment strategies, including glide path design for target-date portfolios, aligned with company objectives and client needs
Leverage strong quantitative expertise to build, optimize, and maintain glide path models across regions, construct multi‑asset class portfolios, evaluate risk‑return trade‑offs, and support data‑driven investment decisions
Analyze and synthesize market trends, investor behaviors, and economic developments for inclusion into target date portfolios
Provide research insights and recommendations to the portfolio management team, as well as communicate complex investment concepts and strategies to clients and stakeholders
Collaborate with the broader Principal Asset Allocation team—risk analytics and quantitative partners—to identify and implement strategy enhancement opportunities
Continuously evaluate and improve investment processes to enhance efficiency and effectiveness
Stay informed on competitors' strategies and performance to inform our own investment decisions
Qualifications
Seasoned investment professional with direct experience managing or supporting a target date franchise
Bachelor's or Master’s degree in finance, economics, accounting, or a technical field
8+ years of asset class modeling with an emphasis on glide path maintenance and construction
General knowledge and understanding of investment vehicles, economic and investment theories, the investment environment, retirement investing, and Principal Global Investors' network of specialized investment groups and affiliate product offerings
Proven track record of quantitative portfolio construction expertise (e.g., asset allocation, portfolio optimization, scenario analysis, and risk modeling) to support glide path design and ongoing portfolio management
Skills That Will Help You Stand Out
CFA designation
Experience with Morningstar, Bloomberg, FactSet, Barra and performance attribution/risk decomposition tools
Financial modeling experience that includes Excel, Python, or other coding tools
Strong written and verbal communication skills
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
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly) $157,000 - $213,000 / 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
Location(s) Open to working from Asset Management offices in Des Moines, New York City, or Seattle.
Work Authorization/Sponsorship We are not considering applicants that require immigration sponsorship at this time.
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.
#J-18808-Ljbffr