What You'll DoPrincipal Financial Group has an opportunity for an Investment Performance Analyst to join our Investment Operations team. In this role, you'll support performance measurement and portfolio management process and tools, by providing total return calculations, analysis, research, and report preparation.Here are a few examples of what you'll do as a member of the team:
Develop / build out additional capabilities in support of new business and operational objectives.
Ensure accurate and timely distribution of GIPS composite performance along with total return investment performance and risk measures for portfolios and benchmarks. Provide support to marketing area by responding to clients and consultants routine ad-hoc performance inquires and/or RFP/consultant questionnaires.
Support various investment team’s GIPS claim of compliance in line with CFA’s Institute’s Global Investment Performance Standards and regulatory requirements.
Measure, calculate, analyze, and report on daily and periodic composite, index and portfolio performance, security level data and performance related statistics for assigned asset class portfolios; ensure accuracy and reasonableness of output.
Research, and resolve complex performance investment performance data anomalies, system issues and/or client inquires. Prepare investment performance reports and maintain controls in alignment with internal policies and clients’ needs.
Collaborate with internal and external partners including senior operations, client services, and compliance to share information and resolve problems.
Support global investment initiatives through participation in projects, process reviews and/or system enhancements.
Evaluate the firm's investment performance relative to client benchmarks.
Provide training to junior staff and global team members as needed.
This position is also a great way to advance your career! As a growing company with more than 18,500 employees around the world, Principal offers a lot of ways for you to learn more, earn more, and achieve more!Who You AreWe are looking for someone with:
Bachelor's degree, or equivalent, in accounting, finance, economics or business
2+ years professional experience in investment/mutual fund operations or related field
Understanding of financial markets, investment strategies, security types, risk statistics, investment performance and Global Investment Performance Standards.
Proven analytical, problem solving, interpersonal, time management, planning, decision making, relationship building and communication skills
Proficiency with Microsoft Office specifically Excel – VLOOKUP, creating and using pivot tables, macros, SQL
Successful candidate will also have the following:
Familiarity with Bloomberg, Power BI and Eagle Investment Performance System
Strong desire for continued education in CIPM, CFA, Master’s, and Data Analytic skills
Detailed orientation
Ability to prioritize and balance multiple, increasingly sophisticated, tasks and be flexible as business needs change
Ability to take initiative, be a self-starter and work independently; includes project work
Location: This role will be based out of one of our corporate locations either Des Moines IA, Charlotte NC, New York NY or Chicago IL.What you'll get from us:
Competitive pay, benefits, perks and more. We’ll reward you for the skills and experience you have.
Respect for your unique perspective. Diversity, inclusion, and empowerment are at the core of our culture.
A career, not just a job. Principal is a place where you can learn and innovate. Do important work. Make an impact. And achieve your professional goals.
The ability to have a great job and a great life . Sure, work is important. But so is your family. And your friends. And your community. That’s why we provide the flexibility needed to find the right balance between your job and the rest of your life.
Salary Range InformationSalary 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)$63750 - $121200 / yearTime Off ProgramFlexible 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 EligibleNoAdditional InformationWork Authorization/SponsorshipAt 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 (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)Investment Code of EthicsFor 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 PrincipalAt 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 (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.Principal is an Equal Opportunity EmployerAll 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 WindowWe 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 Date11/21/2024Most Recently Posted Date11/21/2024LinkedIn Hashtag#LI-LT1