Principal Financial Group · 23 hours ago
Portfolio Associate, Investment Grade Private Debt Placements
Des Moines, IA
Full-time
Onsite
Entry Level
$89K/yr - $115K/yr
1+ years expPrincipal Financial Group is a trusted leader in financial services, committed to making financial security accessible to all. They are seeking a Portfolio Associate to provide operational support to the Corporate Private Placements team, focusing on trading support, portfolio credit reporting, and client servicing.
Financial ServicesInsurance
No H1B
U.S. Citizen Only
Responsibilities
Monitor portfolio holdings for financial reporting and covenant compliance tracking compliance
Ensure timely execution of internal trading workflows and coordinate with operational/accounting teams
Support coordination with client requests and ad hoc portfolio monitoring and reporting
Support inquiries from marketing, RFP, product, distribution, clients, and client reporting
Develop knowledge of financial markets, current events, laws and regulations, tax and accounting trends and implications and business operating trends
System implementations in coordination with current platform systems
Track and present data history of strategy for client reporting and new business
Qualification
Required
Bachelor's degree in a technical field (ie, finance, accounting, economics, statistics, engineering, data science, business analytics)
1+ years' work experience
Experience in financial markets with exposure to fixed income, investment strategies, or portfolio management
Strong proficiency in Excel
Preferred
Familiarity with credit analysis, debt instruments, and related financial products
Hands-on experience with Bloomberg, Charles River, or other debt trading platforms
Strong collaboration skills with the ability to build and maintain effective relationships across teams
Exceptional attention to detail, with proven ability to multi-task and prioritize in a fast-paced environment
Undergraduate GPA of 3.5 or above
Benefits
Annual profit-sharing bonus plan
Flexible Time Off (FTO)
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
Recent News
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