Principal Financial Group Inc

Associate, Investments, Private Infrastructure Debt

Principal Financial Group Inc • $141K — $191K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in finance, accounting, engineering, or a related field with a minimum 3.5 GPA.
  • 3+ years of experience in Infrastructure, Project Finance Loans, and Fixed Income.
  • Strong Excel-based financial modeling skills, including experience with underwriting memos.
  • Solid understanding of accounting principles and financial statement analysis.
  • Familiarity with financial markets and credit evaluation methods.
  • Ability to leverage AI tools for workflow efficiency.

Responsibilities

  • Analyze and support infrastructure transaction activity, including private placements and bank loans.
  • Develop and maintain credit memos and financial models, assessing key financial metrics.
  • Build and maintain relationships with sponsors, agents, and advisors.
  • Research economic, regulatory, and market trends impacting investments.
  • Support marketing efforts, RFPs, and client inquiries.
  • Stay informed on financial markets and capital market conditions.

Benefits

  • Flexible Time Off (FTO) for vacation and personal needs without a set number of days.
  • Participation in an annual profit share bonus plan.
  • Hybrid work setup with four days in-office and one day remote.
Full Job Description
What You'll Do

As an Associate with the Private Infrastructure Debt team, you’ll support deal evaluation of High Yield and Investment Grade transactions including underwriting, structuring, portfolio monitoring and client work across sectors like energy, power, renewables, transportation, digital infrastructure among other areas. You’ll conduct credit analysis, build financial models, and provide research insights to assist senior team members in making investment decisions.  

 

Key responsibilities may include:  

  • Analyze and support infrastructure transaction activity  including private placements and bank loans, and monitor existing investments. 
  • Develop and maintain credit memos, financial models, assess key financial metrics, and conduct industry research. 
  • Build and maintain relationships with sponsors, agents, and advisors.  
  • Research economic, regulatory, and market trends impacting investments.  
  • Support marketing, RFPs, and client inquiries.  
  • Stay informed on financial markets, industry trends, and capital market conditions. 

This role offers the opportunity to develop expertise in infrastructure finance while contributing to a dynamic investment team.  

Who You Are
  • Bachelor’s degree in finance, accounting, engineering or a related technical field. (minimum 3.5 GPA). 
  • 3+ years’ experience in a combination of Infrastructure, Project Finance Loans, and Fixed Income.
  • Strong Excel-based financial modeling skills, including experience developing and maintaining financial models, analyzing key financial metrics, and creating thorough underwriting memos.
  • Solid understanding of accounting principles, financial statement analysis, credit analysis, and economic fundamentals.
  • Familiarity with financial markets, fixed income strategies, and credit evaluation methods.   
  • Demonstrated ability to use available AI tools to improve workflow efficiency.
Skills That Will Help You Stand Out 
  • Prior experience in credit analysis, underwriting, or a credit-focused investment role.
  • Experience within one or more infrastructure sectors, including energy, power, renewables, transportation, or digital infrastructure.
  • Progress towards CFA certification.
  • Team-oriented, able to build relationships, manage expectations, and prioritize tasks effectively.
  • Curious, open-minded, and eager to learn.
  • Experience with tools such as Bloomberg, Python, or similar technologies.
Salary Range InformationSalary 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. Salary Range$141000 - $191000 / year Salary Details

The base salary range for this role is $141,000 - $191,000 as indicated above. Final compensation will be determined based on skills, experience, and alignment with the role’s responsibilities.

 

In addition to base pay, this role participates in an annual profit share bonus plan.

Time Off ProgramFlexible 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 EligibleNo Additional Information

Location and Work Environments

We’re open to considering talent in the New York metro area. This role offers hybrid work set-up including four days in-office and one day remote. You’ll work with your leader to figure out which option may align best based on several factors. 

 

Work Authorization/Sponsorship

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.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

 

Investment Code of Ethics

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.

 

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.

 

Posting WindowWe will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline. Date First Posted (TTF)10/1/2026 Latest Post Date: Careers - US10/2/2026

About Principal Financial Group Inc

Principal Financial Group Inc Careers

Join the dynamic team at Principal Financial Group Inc, a global leader in investment management and retirement services. At Principal, we are committed to helping individuals and businesses achieve financial security and success, making now the perfect time to explore job opportunities with us.

Work You’ll Do

Embark on a career at Principal Financial Group Inc and contribute to our mission of empowering financial well-being across the globe. Our company offers a wide range of positions, from finance to technology, where your skills will help shape the future of financial services.

Innovate and Lead

At Principal, innovation and leadership go hand in hand. We provide a platform where your ideas can lead to groundbreaking financial solutions, driving growth and efficiency. Join our team and be at the forefront of industry-leading projects that redefine what is possible in the financial sector.

Grow Your Career

Principal Financial Group Inc is not just a company; it's a place where you can grow professionally and personally. We support career advancement through professional development programs, leadership training, and opportunities for networking and mentorship. Our commitment to diversity and inclusion ensures that all team members have the opportunity to succeed.

Experience Our Culture

Our culture is built on collaboration, respect, and a commitment to excellence. We believe in fostering a supportive environment where every team member’s contribution is valued. Enjoy benefits that support both your professional and personal life, and work alongside colleagues who are passionate about making a difference.

Internship and Employment Opportunities

Whether you're starting your career or looking to make a significant impact in your professional journey, Principal offers a range of internship and employment opportunities. Gain hands-on experience, work on real-world projects, and learn from leaders in the financial industry.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Principal Financial Group Inc. We are hiring creative, curious, and motivated individuals who are ready to drive innovation and lead with integrity. Check out our open positions, tailor your resume, and prepare for an interview that could lead to your next great adventure.

Stay Connected

Keep up to date with the latest from Principal Financial Group Inc by following our careers blog. Get insider perspectives, tips for a successful interview, and the latest news on the financial industry that you can apply directly to your career.

Networking and Professional Development

At Principal, your growth is our priority. Enhance your professional skills through comprehensive training programs and connect with industry leaders and peers through our robust networking events. Our commitment to your development is unwavering, as we believe it is fundamental to our collective success.

Explore Careers at Principal Financial Group Inc

Discover the exciting career paths available at Principal. From internships to leadership roles, the opportunities for professional growth are abundant. Join us and contribute to a company that values innovation, leadership, and a diverse workforce dedicated to achieving exceptional results.

Apply Today

Are you ready to make a meaningful impact in the financial services industry? Search for open positions that match your skills and interests at Principal Financial Group Inc. We look for passionate, driven, and solution-oriented team players. Start your journey with us today and be part of a team that’s redefining the future of finance.

Principal Financial Group Inc—where careers grow, innovation thrives, and leaders are made.

Learn more about Principal Financial Group Inc
Size
18,600 employees
Market Cap
$20.7 billion
Industry
Net Income
$1.3 billion
5 Year Trend
+2.7%
Revenue
$14.7 billion
NASDAQ

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