Portfolio Associate
About The Position
We're looking for a Portfolio Associate to join our team! In this role you’ll provide financial and operational support to portfolio management, research and trading teams to aid in the management of fixed income portfolios. You’ll monitor daily market developments and portfolio compliance, conduct research and analysis, run/create and analyze statistical reports, and execute special projects. Day to day responsibilities: Portfolio Analysis: Analyze portfolio performance, analytics, and attribution by utilizing tools such as Bloomberg, Aladdin and quantitative techniques. Assist portfolio managers by running risk/attribution reports versus appropriate benchmarks. Review and ensure portfolio compliance with guidelines. Portfolio Construction and Management: Work with portfolio management to establish and implement investment strategy across client portfolios using various tools to develop specific portfolio buy/sell trades affect exposure rebalancing. Support Stable Value Portfolio Construction team with reporting and analysis of book value portfolios. Support Marketing and Client Services: Respond to basic inquiries and requests for information (i.e. risk/attribution and other analytic reports) about investment strategies from marketing, RFP, product management, distribution, consultants and clients. Work with portfolio managers, the research team, the client service team, compliance and senior management to create risk and attribution and other analytical reports to present to both internal and external clients. 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!
Requirements
- Bachelor's degree in business or technical field (i.e. finance, accounting, economics, statistics, engineering, data science, computer science).
- Ability to understand basic accounting principles and economic theory, interpret financial statements, and efficiently and effectively research, compile and analyze information.
- Interest in and an aptitude for learning new analytical systems and quantitative techniques. Strong technical abilities and use of Excel and experience related to computer programming.
- Self-starter who can work independently with minimal direction, manage multiple priorities, and manage expectations effectively.
- Excellent abilities in the areas of communication (verbal and written).
- Collaborative with the ability to build and maintain strong relationships.
Nice To Haves
- Coursework or experience related to computer programming is preferred.
- Knowledge of financial markets and fixed income strategies.
- Experience developing analytical tools and enhancing reporting and analytics workflows through automation with programming and scripting skills (e.g., Python, R, VBA) desired.
- Keen sense of curiosity and forward-thinking thought process desired.
Responsibilities
- Analyze portfolio performance, analytics, and attribution by utilizing tools such as Bloomberg, Aladdin and quantitative techniques.
- Assist portfolio managers by running risk/attribution reports versus appropriate benchmarks.
- Review and ensure portfolio compliance with guidelines.
- Work with portfolio management to establish and implement investment strategy across client portfolios using various tools to develop specific portfolio buy/sell trades affect exposure rebalancing.
- Support Stable Value Portfolio Construction team with reporting and analysis of book value portfolios.
- Respond to basic inquiries and requests for information (i.e. risk/attribution and other analytic reports) about investment strategies from marketing, RFP, product management, distribution, consultants and clients.
- Work with portfolio managers, the research team, the client service team, compliance and senior management to create risk and attribution and other analytical reports to present to both internal and external clients.
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.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
