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What You'll Do

Principal Financial Group has an opportunity for a Fixed Income Senior Associate to join our Investment Performance and Analytics Team. In this role, you will perform attribution and analytics function for the fixed income credit and rates strategies, while maintain close relationships with investment teams and client distribution groups.

Here are a few examples of what you'll do as a member of the team:

+ Act as subject matter expert in fixed income attribution and portfolio analytics, and point of contact for investment teams on attribution models, analysis, and strategic projects.

+ Measure and report fixed income performance attribution, portfolio characteristics, asset modeling and performance related statistics for assigned asset class portfolios; ensure accuracy and reasonableness of output.

+ Ensure accurate and timely distribution of attribution, analytics, and risk stats. Provide support to client service and marketing teams by responding to clients inquires, RFP requests and new business opportunities.

+ Research, and resolve complex performance attribution data anomalies, system issues and/or client inquires.

+ Laise with attribution vendor on new functionality, customized settings, attribution model logic and system features. Develop capabilities in support of new business and operational objectives.

+ Prepare analytical reports and maintain controls in alignment with internal policies and clients’ needs.

+ Collaborate with internal and external partners including senior operations, client services, risk and compliance to support client initiatives and risk management.

+ Engage with technology and data product teams to continually improve existing data flow model and automate manual processes.

This position is also a phenomenal 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 Are

We are looking for someone with:

+ Bachelor's degree, or equivalent, in accounting, finance, economics or business

+ 5+ years professional experience in investment/mutual fund operations or related field

+ Understanding of financial markets, investment strategies, security types, risk statistics, investment performance, characteristics/analytics, and attribution methodologies

+ Proven analytical, problem solving, interpersonal, time management, planning, decision making, relationship building and communication skills

+ Proficiency with Microsoft Office specifically Excel – VLOOKUP, pivot tables, macros

Successful candidate will also have the following:

+ Familiarity with Bloomberg, Eagle, and/or Aladdin portfolio management tool

+ Experience with Python and application to data management and reporting

+ Strong desire for continued education, CFA, CIPM, Master's etc.

+ Detailed orientation and 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

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)

$81900 - $147600 / 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

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

7/2/2025

Most Recently Posted Date

7/2/2025