Note: The job is a remote job and is open to candidates in USA. Principal Financial Group is a trusted leader in financial services, committed to making financial security accessible to all. They are seeking a Senior Associate, Manager Research to lead manager research and support investment analytics for client-facing teams.
Responsibilities
- Lead manager identification, selection, due diligence, monitoring, and termination work for assigned coverage areas, including approved manager list oversight and quarterly manager research calls
- Develop and maintain analytics used in manager selection, manager pairings, vehicle pricing, performance/risk/return attribution, LDI tracking, projected returns analysis, and portfolio construction support
- Support portfolio strategists and client-facing teams with asset allocation modeling, risk analytics, scenario analysis, compare/contrast portfolio work, and custom client solution analytics
- Translate technical investment analysis into clear talking points, bullet points, and storylines that client-facing partners can use with clients
- Contribute to investment governance and committee support, including performance, attribution, risk analytics, fiduciary process support, and cross-functional collaboration with operations, IT, actuarial, and data science partners
Skills
- Bachelor's degree in business or related field, preferably with a major in finance or economics
- 5 years of investment-related experience
- Minimum of 2 years of experience in manager oversight
- Solid understanding of investment managers and general knowledge of current economic and financial market conditions, with proven ability to efficiently research, compile, and analyze information
- Advanced Excel ability and proficiency with PowerPoint
- Experience in an OCIO environment
- Experience with Morningstar Direct and FactSet
- Manager research experience across large cap equities, international, or LDI institutional asset classes
- Interest in broader investment support work, including asset allocation strategy, modeling, portfolio analytics, and client solution analysis
- Experience using AI or process improvement approaches to create efficiencies in investment research or analytics workflows
- Excellent written, oral, and interpersonal communication skills
- High degree of professionalism, organization, attention to detail, and ability to prioritize and manage expectations in a fast-paced work environment
Benefits
- 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.
- In addition to base pay, this role participates in an annual profit share bonus plan.
- 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.
- We’re open to considering remote and hybrid talent. Locations for hybrid talent include Des Moines, IA or a Principal office (if available in your community).
Company Overview