Address
Form of workWhat You'll Do
Principal Real Estate Investors is offering an exciting two-year Rotational Analyst opportunity! The program provides meaningful work experience and career development across all four quadrants of Real Estate - private debt, private equity, CMBS, and REITs.
Analysts will complete four rotations, 6 months in duration, in various Real Estate departments that may include Acquisitions and Dispositions, Asset Management, Private Debt Origination, CMBS, REITs, Marketing/New Business Development, Portfolio Management and Research.
Upon completion of the program, successful analysts will be considered for available full-time opportunities within Principal Real Estate Investors.
Potential responsibilities throughout the program:
Principal Asset Management, a subsidiary of Principal Financial group, offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at www.principalam.com! Principal Real Estate Investors, a top-10 global Real Estate manager with around $100B in assets under management, is the dedicated Real Estate investment group with over 60 years experience.
Who You Are
The role may involve minimal travel to meet with clients and/or inspect properties.
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
$71250 - $95950 / year
Additional Information
Location
This role will be based out of our World 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 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, 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 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 be accepting applications for at least 3 days from when the job was originally posted, after which we may keep open or remove the posting based upon applications we receive. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond 3 days of the original posting date.
Date First Posted (TTF)
12/21/2023
Principal Real Estate Investors is offering an exciting two-year Rotational Analyst opportunity! The program provides meaningful work experience and career development across all four quadrants of Real Estate - private debt, private equity, CMBS, and REITs.
Analysts will complete four rotations, 6 months in duration, in various Real Estate departments that may include Acquisitions and Dispositions, Asset Management, Private Debt Origination, CMBS, REITs, Marketing/New Business Development, Portfolio Management and Research.
Upon completion of the program, successful analysts will be considered for available full-time opportunities within Principal Real Estate Investors.
Potential responsibilities throughout the program:
- Conduct Technical Analysis: Assist the team by conducting independent technical analyses within appropriate risk/return parameters on investment opportunities. This involves evaluating transaction structures, appraisals, cash flow analyses, lease reviews, financial statement reviews, and more.
- Effective Communication: Communicate conclusions regarding investment risk and viability effectively. Provide analytical support for assessing investment opportunities, utilizing sensitivity analysis, variance analysis, or preliminary valuations.
- Market Insight: Develop and maintain a comprehensive understanding of Real Estate economics, competitive environments, and existing portfolios within assigned markets.
- Transaction Management: Assist in navigating a transaction or investment through the entire process, utilizing all available resources. Ensure accurate and timely accumulation and dissemination of information.
- Continuous Learning: Develop an understanding of products, programs, and clients' needs through available training programs and active involvement in ongoing investment activities.
Principal Asset Management, a subsidiary of Principal Financial group, offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at www.principalam.com! Principal Real Estate Investors, a top-10 global Real Estate manager with around $100B in assets under management, is the dedicated Real Estate investment group with over 60 years experience.
Who You Are
- Bachelor's degree or equivalent, with a preference for degrees in finance, Real Estate, or a related field, to be obtained by the summer of 2024.
- Strong quantitative financial background and statistical proficiency, including a solid understanding of basic finance concepts such as the time value of money.
- Real estate experience, whether through full-time employment or internships.
- Excellent communication and social skills.
- Consistent track record to take initiative and work independently in a fast-paced environment, handling multiple requests with strict deadlines.
- Cumulative GPA of 3.25 or higher.
- Familiarity with Argus software.
- Shown ability to make effective decisions and achieve results without close supervision.
- Strong team collaboration skills.
- Capability to read, interpret, and analyze loan documents.
The role may involve minimal travel to meet with clients and/or inspect properties.
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
$71250 - $95950 / year
Additional Information
Location
This role will be based out of our World 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 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, 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 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 be accepting applications for at least 3 days from when the job was originally posted, after which we may keep open or remove the posting based upon applications we receive. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond 3 days of the original posting date.
Date First Posted (TTF)
12/21/2023
