Principal Asset Management

Company Description:
Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

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!

Position Location:
Des Moines, Iowa

Position Reports To:

Salary:
$86450 - $116850 / year

Bonus and/or Additional Compensation:
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.

Brief description about the position:
The Real Estate Equity Portfolio Management team is currently recruiting for a Portfolio Analyst II.

In this role, you will provide analytical support to the U.S. Property Portfolio Team including sensitivity and variance analysis of annual operating budgets and business plans, asset valuation models, portfolio diversification, performance returns and attribution and other asset/portfolio metrics as directed by the team In addition, you will assist portfolio managers with external communication to clients and consultants.

Responsibilities:
You will also support the following:

Portfolio Analysis: Develop extensive knowledge of the assets within the portfolio. Provide analytical support regarding business plans and investment strategies including portfolio performance, diversification measures, sensitivity analysis, variance analysis, attribution, and other relevant financial analysis. Address less complex consultant and client questions regarding portfolio analysis.

Information Management and Reporting: Ensure a coordinated flow of quality information reaches portfolio managers, consultants, and clients. Assist in the reporting of economic and statistical portfolio reports as required by consultants and clients, and internal stakeholders. Provide quality control of portfolio management information.

Portfolio Research: Conduct ongoing and special project research as necessary. This includes, but is not limited to, in-depth review and analysis of the portfolio, acquisition and disposition candidates, in addition to trends within the real estate investment environment and emerging macro environment that impact real estate supply and demand.

Market knowledge: Continue to develop an understanding of real estate market/ portfolio dynamics. This may include occasional travel to relevant markets.

Degrees/Licenses designations:
Bachelor's degree, or equivalent experience in finance, business or related field. Emphasis in real estate preferred.

Minimum years of experience required:
2+ years of analytical commercial real estate experience required, preferably in asset management or acquisitions.

Company Web Site:
https://careers.principal.com/us/jobs/47180?lang=en-us

Contact:
https://careers.principal.com/us/jobs/47180?lang=en-us

Company:
Principal Asset Management