Address
Form of workWhat You'll Do
We're looking for an Analyst to join our Real Estate Securities team (public equity). In this role, you'll conduct fundamental equity research on an assigned universe of North American property securities and make recommendations for mutual fund and separately managed account portfolios.
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, 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's Global Real Estate Securities team is recognized as an industry leader and is one of the 5 largest active managers by assets under management.
Who You Are
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
$86450 - $147600 / year
Additional Information
Location(s)
We're open to considering in-office or hybrid talent. Locations for talent are Chicago, Des Moines, or New York City. Chicago is the preferred location. The wide pay range noted reflects these various locations.
Work Environments
This role offers the ability for in-office or hybrid (blending both office and remote work in a typical workweek) work arrangements. 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)
1/9/2024
Latest Post Date: Careers - US
1/9/2024
We're looking for an Analyst to join our Real Estate Securities team (public equity). In this role, you'll conduct fundamental equity research on an assigned universe of North American property securities and make recommendations for mutual fund and separately managed account portfolios.
- Strengthen your knowledge, skills and industry contacts necessary to conduct valued research
- Track and assemble relevant industry and economic data to ascertain current and future fundamental trends
- Regularly communicate industry and company specific news to the broader investment team
- Display familiarity with the team's valuation techniques and quantitative analysis tools to build and update models on a consistent, timely basis
- Provide buy, sell and hold investment recommendations to portfolio managers
- When opportunities arise, present favorable image of the team in interactions with third parties
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, 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's Global Real Estate Securities team is recognized as an industry leader and is one of the 5 largest active managers by assets under management.
Who You Are
- Bachelor's degree
- Two or more years of related industry experience in equity analysis and/or Real Estate investing; prior Real Estate Investment Trust (REIT) experience desirable
- Knowledge of sophisticated investment vehicles, business acumen, analytical, superior judgment with a total rate of return mentality
- Requires working knowledge of computer modeling techniques, strong quantitative financial background, statistics and accounting
- MBA with a finance emphasis and/or individuals progressing toward a Chartered Financial Analyst designation
- Must be a self-starter and demonstrate an understanding of economics and investment theories
- Travel as needed and 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
$86450 - $147600 / year
Additional Information
Location(s)
We're open to considering in-office or hybrid talent. Locations for talent are Chicago, Des Moines, or New York City. Chicago is the preferred location. The wide pay range noted reflects these various locations.
Work Environments
This role offers the ability for in-office or hybrid (blending both office and remote work in a typical workweek) work arrangements. 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)
1/9/2024
Latest Post Date: Careers - US
1/9/2024
