Senior Portfolio Analyst, Quantatative Strategist

Senior Portfolio Analyst – Quantitative Strategist

We're looking for a Senior Portfolio Analyst – Quantitative Strategist to join our Target Date team at Principal Asset Management. In this role, you'll provide relative asset class research and make recommendations to enhance multi-asset class strategy performance! Lead the design, development, and implementation of advanced quantitative models for portfolio optimization/construction, relative asset allocation, and risk-return analytics. Develop and enhance capital market forecasts that inform asset allocation decisions and multi-asset class portfolio construction as it relates to Target Date strategies.

Drive research initiatives focused on asset class alpha generation, factor modeling, and systematic investment strategies. Evaluate and integrate alternative data sources and machine learning techniques into the investment process. Collaborate cross-functionally with investment, technology, and data teams to enhance analytics infrastructure and data pipelines. Communicate complex investment concepts and strategies to portfolio managers and stakeholders.

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing about $580 billion in assets and over 60 years of experience. Principal Asset Management has been recognized as a "Best Places to Work in Money Management" for 14 consecutive years!

Who You Are

Bachelor's or Master's degree with an emphasis in Mathematics, Statistics, Financial Engineering, Economics, or related quantitative discipline. Strong programming expertise such as Python, R, or C++ with experience deploying production-level models. 8+ years of investment experience in quantitative research, asset management, or portfolio analytics. Deep knowledge of portfolio theory and risk modeling frameworks (e.g., VaR, factor models). Proven track record of developing models that impact investment decisions or portfolio performance.

Experience with large datasets, time series analysis, and advanced statistical or machine learning techniques.

Skills That Will Help You Stand Out

Derivatives experience. Advanced training in mathematics, statistics, computer science, or another highly quantitative field. Demonstrates strong analytical and problem-solving skills with the ability to synthesize large datasets into actionable insights and recommendations. Experience applying artificial intelligence or machine learning techniques to asset class analysis, portfolio construction, investment research, or signal development. Excellent ability to communicate advanced concepts in a concise and logical manner.

Strong attention to detail, organizational skills, and the ability to manage multiple tasks and requests from various stakeholders in a timely and efficient manner.

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) $157,000 - $213,000 / year. The base salary range for this role is $157,000 - $213,000 as indicated above. Final compensation will be determined based on skills, experience, and alignment with the role's responsibilities. In addition to base pay, this role participates in an annual profit share bonus plan. 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.

Location(s)

We're open to working from our Asset Management offices in Des Moines, New York City, Seattle, or Raleigh.

Work…