Associate, Investment Risk & Analytics - Principal Asset Allocation

Principal Financial Group • Raleigh, NC

2d • Onsite

About The Position

The Associate, Investment Risk & Analytics will join Principal Asset Management’s Principal Asset Allocation (PAA) team and help provide global, multi-asset investment risk management expertise. The role supports the development and deployment of risk models and systems, using quantitative research, analysis, and risk-based analytics to inform investment decisions and enhance portfolio outcomes.

The associate produces quantitative risk insights, assessments, and analytical research; develops and maintains proprietary risk data and analytics; and contributes to investment analytics infrastructure for data processing, storage, and reporting. The role works with investment teams to promote high-quality data and deliver insights about portfolio risk factors, performance attribution, and portfolio statistics. Relevant systems include MSCI BarraOne and FactSet.

Principal Asset Management is the global investment solutions business of Principal Financial Group, managing about $740 billion in assets and drawing on more than 60 years of experience. The role is open to office locations in Des Moines, Seattle, New York, or Raleigh. The stated base salary range is $127,000–$171,000 per year, and the role participates in an annual profit share bonus plan. Salaried employees receive Flexible Time Off (FTO).

Requirements

• Bachelor's degree or eight years of related work experience.
• Experience with the MSCI BarraOne risk model or a similar factor-based risk model.
• At least 3 years of professional experience in investment management or investment risk management.
• Strong risk management judgment and experience developing or maintaining a robust, global, multi-asset investment risk management framework.
• In-depth understanding of investment vehicles, including stocks, bonds, alternatives, mutual funds, UCITs, and ETFs, and of investment strategies.
• Knowledge of finance, particularly risk management, volatility modeling, fundamental analysis, quantitative investment research, asset allocation, portfolio construction, and risk and attribution systems, complemented by superior database management experience.
• Development expertise and systems management experience, such as Python, R, or other relevant languages and database expertise.

Nice To Haves

• CFA, FRM, and/or CAIA designation, or progress toward one.
• Experience with Bloomberg, FactSet, or Morningstar.
• Business acumen, superior judgment, and outstanding analytical capabilities, with a vision to drive strong investment results through investment risk and engineering support.
• Self-starter who demonstrates the capacity to grow into additional investment management responsibilities.
• Advanced skills in development and database administration.
• Strong written and verbal communication skills.

Responsibilities

• Support the development and deployment of risk models and systems using quantitative research, analysis, and risk-based analytics to inform investment decisions and enhance portfolio outcomes.
• Produce quantitative risk insights, risk assessments, and analytical research to improve investment processes and support decision-making across investment teams.
• Develop and maintain proprietary risk data and analytics, including portfolio risk, scenario, and attribution analyses using systems such as MSCI BarraOne and FactSet.
• Contribute to the production, maintenance, and enhancement of investment analytics infrastructure, including data processing, storage, and reporting that support investment strategies.
• Collaborate with investment teams to help ensure high-quality data and deliver insights on portfolio risk factors, performance attribution, and portfolio statistics.

Benefits

• Annual profit share bonus plan.
• Flexible Time Off (FTO) with pay for vacation, personal time, or short-term illness for salaried employees; employees do not accrue a bank of time off and there is no set number of days provided.
• Comprehensive, competitive benefit offerings intended to support employees’ physical, financial, and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level