Senior Portfolio Associate, Corporate Private Placements and Private Infrastructure Debt

What You'll Do

We are looking for a Senior Portfolio Associate to join our team! This role is responsible for providing comprehensive operational support to the Corporate Private Placements and Infrastructure Debt teams, including trading support, portfolio credit reporting, tracking, client portfolio servicing, RFP responses and client reporting, portfolio valuation, and ensuring timely execution of internal workflows.

Key responsibilities:

• Monitor portfolio holdings for financial reporting and covenant compliance tracking
• Ensure timely execution of internal trading workflows and coordinate with operational/accounting teams
• Support coordination with client requests and ad‑hoc portfolio monitoring and reporting
• Support inquiries from marketing, RFP, product, distribution, clients, and client reporting
• Develop knowledge of financial markets, current events, laws and regulations, tax and accounting trends and implications, and business operating trends

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 !

• Bachelor's degree in a technical field (ie, finance, accounting, economics, statistics, engineering, data science, business analytics)
• 3+ years investment‑related work experience
• Experience in financial markets with exposure to fixed income, including investment strategies, or portfolio management
• Advanced proficiency in Excel

Skills That Will Help You Stand Out

• Familiarity with credit analysis, debt instruments, and related financial products
• Hands‑on experience with Bloomberg, Charles River, or other debt trading platforms
• Strong collaboration skills with the ability to build and maintain effective relationships across teams
• Exceptional attention to detail, with proven ability to multi‑task and prioritize in a fast‑paced environment
• Undergraduate GPA of 3.5 or above

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.

$110,000 - $187,200 / year

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.

No

This role will be based either out of our World Headquarters located in Des Moines, IA or New York City. You can check out what our Global Headquarters looks like here.

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.

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.

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