Work in Iowa Jobs

What You'll Do

We’re looking for a Senior Portfolio Analyst to join our Principal Real Estate team. In this role, you’ll assist in the Portfolio Management of a large Private Equity Separate Account focused on investment in industrial real estate.

• Independently conduct research, monitor investment portfolios, conduct sensitivity analysis, identify portfolio risks, and make recommendations regarding active portfolio management strategies

• Analyze portfolio and benchmark investment performance, return attribution, leverage and diversification strategies

• Preparation of comprehensive portfolio reports and the fulfillment of ad hoc requests from the client, which may include cash flow forecasting, AUM trending, production analysis, and more

• Assist in the review, approval and processing of transactions

• Work directly with the client and various Joint Venture partners on business plans and production efforts

• Maintain extensive knowledge of the assets within assigned portfolios, as well as real estate market/portfolio dynamics and macroeconomics. Develop and prioritize strong relationships with the client, partners, and service providers

• Mentor and share knowledge with less experienced analysts

This specific role will support Portfolio Management efforts responsible for the Investment Management of logistics real estate for a large Public Pension Fund client. The Separate Account includes a team of dedicated Asset and Portfolio Managers who cover all major markets in the United States as well as Europe and Canada. The Account is production oriented with a heavy focus on industrial development.

Principal Real Estate, a top-10 global real estate manager with approximately $100B in assets under management, is the dedicated real estate investment group within Principal Asset Management. With over 60 years of experience our comprehensive, specialized capabilities across all four quadrants of commercial real estate-—private equity, public equity, public debt, and private debt gives us a unique perspective on real estate space and capital markets.

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!

Annual bonus will be paid out in addition to the base pay range shown in the job description.

Who You Are

• Bachelor's degree required with emphasis in finance, economics, real estate or accounting

• Six or more years (10+ preferred) of relevant experience in commercial real estate investments

• Real estate valuation expertise, including experience working in Argus Enterprise

• Production experience including Joint Venture structuring and development, core and value-add acquisitions underwriting

Skills That Will Help You Stand Out

• MBA or Master’s in Real Estate

• Demonstrate a strong understanding of economics, investment theories and investment vehicles

• Excellent written and verbal communication, decision making, persuasion and time management including the ability to prepare and present reports

• Ability to operate effectively with a very high level of autonomy and self-direction.

Domestic and some International overnight travel is required.

This position may be subject to SEC restrictions on personal political contributions.

Salary Range Information

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.

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$123000 - $157000 / 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

Additional Information

Location

This role will be based out of our Corporate Headquarters located in Des Moines, IA.

Work Environments

This role offers the ability for in-office or four days in-office and one day remote. You’ll work with your leader to figure out which option may align best based on several factors.

Work Authorization/Sponsorship

At 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 Ethics

For 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 Principal

At 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 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.

Posting Window

We 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 Date

4/4/2024

Most Recently Posted Date

4/4/2024