Do you have a passion for portfolio management and want an opportunity to learn from some of the best in the business? Do you want to increase your financial knowledge and create a career path with unlimited growth potential?

Then this is the right opportunity for you!

Principal is seeking a talented junior resource to be their Portfolio Management Assistant and help within their Global Fixed Income team. This is an EXCELLENT opportunity to be a part of a team looking over $45B in assets and be a key contributor to a Fortune 500 company.

• Providing financial and operational support to portfolio management, research, and trading teams to aid in the management of portfolios
• Monitor daily market developments and ensure portfolio compliance guidelines
• Work with portfolio management to establish and implement investment strategy across client portfolios
• Work with PMs to review portfolio positioning and performance and discuss any recommended changes in portfolio structure and risk exposures
• Utilize tools and models including Bloomberg, Aladdin, HMM (Hidden Markov Model), and proprietary portfolio management tools to help PMs define portfolio strategies and develop execution plans
• Regularly review the effectiveness of the quantitative tools and how they are employed in the investment process
• Make recommendations to establish best practices across the relevant team(s)
• Assist portfolio managers by running position reports versus appropriate benchmarks
• Answer ad-hoc requests and performance-related questions through the use of mathematical and quantitative techniques
• Work with portfolio managers and multiple other teams to create performance and attribution and other analytical reports to present to both internal and external clients
• Create, coordinate, and update sector-related analytics and reports including portfolio optimizations, scenario analysis, position reports versus benchmarks and performance attribution
• Prepare and assist with analysis of surveillance reports
• Assist with sector trading and relative value analysis
• Respond to basic inquiries and requests for information about investment strategies
• Partner with marketing, performance, and investment team to ensure materials are up-to-date, accurate and meet business requirements

• Bachelor's degree in business or technical field (finance, accounting, economics, statistics, engineering, data science, business analytics)
• Previous internship in fixed income or related technical field preferred
• Undergraduate GPA of 3.5 or above, with high marks for quantitative works, and progress towards CFA, MBA preferred
• Familiarity with database structures, big data techniques (Cassandra, Spark and Hadoop), and programming languages (Python, MATLAB, R) preferred
• Knowledge of financial markets and fixed income strategies, including general knowledge of bond mechanics and pricing calculations is preferred
• Excellent abilities in the areas of communication (verbal and written), problem solving, time management, analytics and use of Excel required
• Previous experience with Bloomberg preferred

• Must be able to understand basic accounting principles and economic theory, and efficiently and effectively research, compile and analyze information
• Must be collaborative and able to build and maintain strong relationships,
• Excellent attention to details, work independently, multi-task and prioritize effectively
• Strong quantitative skills and analytical mindset
• Knowledge of investments and financial markets.
• Keen sense of curiosity and open-minded thought process desired

Work Authorization/Sponsorship
At this time, we're not considering candidates 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.

https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers and https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants