What are the responsibilities and job description for the Portfolio Management Associate, Equities position at Principal Financial Group?
What You'll Do:
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!
Who You Are:
Skills That Will Help You Stand Out
This role will be based out of our World Headquarters located in Des Moines, IA. You can check out what our Global Headquarters looks like here:
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.
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, backgro
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. Date First Posted (TTF): 11/7/2025 Latest Post Date: Careers - US: 11/7/2025
We’re looking for an Equity Portfolio Management Associate to join the Principal Equities team. In this role, you’ll provide trading, reporting, and ad-hoc support to the Portfolio Management team!
Portfolio Management Support: Provide analytical support to Portfolio Managers by monitoring cash, entering trades and assisting with compliance monitoring.- Operations Oversight: Act as operational liaison with Principal Asset Management operations & compliance teams to address issues and ensure operational consistency with firm practices.
- Marketing Support & Data Analysis: Provide accurate information to our client for marketing needs.
- Performance: Act as subject matter expert for data analysis and reporting, including risk/return metrics and performance attribution.
- Provide input on projects to improve reporting systems and processes through automation and optimizing operational support.
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!
- Bachelor's degree required by December 2025 in finance, economics, accounting, engineering, statistics or mathematics
- Previous internship/experience in investments, equities preferred
- Advanced use of Excel
Skills That Will Help You Stand Out
- At least two years of work experience in investments
- Experience with derivatives with an options focus
- Experience with FactSet, Bloomberg, Charles River
- Progress towards CFA Charter
- Strong mathematical and analytical skills
- Ability to work independently, prioritize responsibilities, adapt to changes in tasks when necessary, and multi-task throughout each day
- Excellent communication skills and attention to detail, including the ability to tactfully, assertively, and professionally handle difficult situations with clients and brokers
Location
This role will be based out of our World Headquarters located in Des Moines, IA. You can check out what our Global Headquarters looks like here:
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 and 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, backgro
Salary : $67,500 - $121,200
