We’re looking for a Senior Portfolio Analyst – Quantitative Strategist to join our Target Date team at Principal Asset Management. In this role, you’ll provide relative asset class research and make recommendations to enhance multi-asset class strategy performance!

• Lead the design, development, and implementation of advanced quantitative models for portfolio optimization/construction, relative asset allocation, and risk-return analytics
• Develop and enhance capital market forecasts that inform asset allocation decisions and multi-asset class portfolio construction as it relates to Target Date strategies
• Drive research initiatives focused on asset class alpha generation, factor modeling, and systematic investment strategies
• Evaluate and integrate alternative data sources and machine learning techniques into the investment process
• Collaborate cross-functionally with investment, technology, and data teams to enhance analytics infrastructure and data pipelines
• Communicate complex investment concepts and strategies to portfolio managers and stakeholders

• Bachelor’s or Master’s degree with an emphasis in Mathematics, Statistics, Financial Engineering, Economics, or related quantitative discipline
• Strong programming expertise such as Python, R, or C++ with experience deploying production-level models
• 8+ years of investment experience in quantitative research, asset management, or portfolio analytics
• Deep knowledge of portfolio theory and risk modeling frameworks (e.g., VaR, factor models)
• Proven track record of developing models that impact investment decisions or portfolio performance
• Experience with large datasets, time series analysis, and advanced statistical or machine learning techniques

• Derivatives experience
• Advanced training in mathematics, statistics, computer science, or another highly quantitative field
• Demonstrates strong analytical and problem-solving skills with the ability to synthesize large datasets into actionable insights and recommendations
• Experience applying artificial intelligence or machine learning techniques to asset class analysis, portfolio construction, investment research, or signal development
• Excellent ability to communicate advanced concepts in a concise and logical manner
• Strong attention to detail, organizational skills, and the ability to manage multiple tasks and requests from various stakeholders in a timely and efficient manner

The base salary range for this role is $157,000 - $213,000 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.

We’re open to working from our Asset Management offices in Des Moines, New York City, Seattle, or Raleigh. You can check out what our Global Headquarters in Des Moines looks like here:

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

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.

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.