Portfolio Analyst II - Real Estate

Principal Financial Group • Des Moines, IA

60d • $86,450 - $116,850 • Onsite

About The Position

The Real Estate Equity Portfolio Management team is currently recruiting for a Portfolio Analyst II. In this role, you will provide analytical support to the U.S. Property Portfolio Team including sensitivity and variance analysis of annual operating budgets and business plans, asset valuation models, portfolio diversification, performance returns and attribution and other asset/portfolio metrics as directed by the team In addition, you will assist portfolio managers with external communication to clients and consultants. You will also support the following: Portfolio Analysis: Develop extensive knowledge of the assets within the portfolio. Provide analytical support regarding business plans and investment strategies including portfolio performance, diversification measures, sensitivity analysis, variance analysis, attribution, and other relevant financial analysis. Address less complex consultant and client questions regarding portfolio analysis. Information Management and Reporting: Ensure a coordinated flow of quality information reaches portfolio managers, consultants, and clients. Assist in the reporting of economic and statistical portfolio reports as required by consultants and clients, and internal stakeholders. Provide quality control of portfolio management information. Portfolio Research: Conduct ongoing and special project research as necessary. This includes, but is not limited to, in-depth review and analysis of the portfolio, acquisition and disposition candidates, in addition to trends within the real estate investment environment and emerging macro environment that impact real estate supply and demand. Market knowledge: Continue to develop an understanding of real estate market/ portfolio dynamics. This may include occasional travel to relevant markets. 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 www.principalam.com!

Requirements

• Bachelor's degree, or equivalent experience in finance, business or related field. Emphasis in real estate preferred.
• 2+ years of analytical commercial real estate experience required, preferably in asset management or acquisitions.
• Working knowledge of commercial real estate modeling techniques including ARGUS.
• Proficiency in Microsoft Excel required; experience with modeling software/analysis tools are preferred.
• Strong analytical, organizational, interpersonal and communication skills (verbal and written).
• Success in this position requires attention to detail, a strong quantitative financial background and the ability to make effective decisions.
• Ability to work effectively in a deadline driven environment while balancing multiple priorities
• Travel as required, approximately 10%.

Responsibilities

• Provide analytical support to the U.S. Property Portfolio Team including sensitivity and variance analysis of annual operating budgets and business plans, asset valuation models, portfolio diversification, performance returns and attribution and other asset/portfolio metrics as directed by the team
• Assist portfolio managers with external communication to clients and consultants
• Develop extensive knowledge of the assets within the portfolio
• Provide analytical support regarding business plans and investment strategies including portfolio performance, diversification measures, sensitivity analysis, variance analysis, attribution, and other relevant financial analysis
• Address less complex consultant and client questions regarding portfolio analysis
• Ensure a coordinated flow of quality information reaches portfolio managers, consultants, and clients
• Assist in the reporting of economic and statistical portfolio reports as required by consultants and clients, and internal stakeholders
• Provide quality control of portfolio management information
• Conduct ongoing and special project research as necessary. This includes, but is not limited to, in-depth review and analysis of the portfolio, acquisition and disposition candidates, in addition to trends within the real estate investment environment and emerging macro environment that impact real estate supply and demand
• Continue to develop an understanding of real estate market/ portfolio dynamics

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Funds, Trusts, and Other Financial Vehicles
• Number of Employees: 5,001-10,000 employees