Principal Financial Group
Client Portfolio Manager - Fixed Income (Product Specialist)
Principal Financial Group, Seattle, Washington, us, 98127
What You'll Do
We’re looking for a Client Portfolio Manager to join our Fixed Income team. In this role, you’ll act as a key liaison between portfolio management and Principal Fixed Income’s clients worldwide!
Advocate for and commercially advance Principal’s global fixed income platform
Act as an extension of our portfolio management teams
Deliver a best-in-class client experience
Key responsibilities include: Support client/prospect engagement efforts, develop collateral and help build Principal Fixed Income’s advocacy internally and externally, oversee investment team review of RFPs and DDQs, conduct internal trainings, and complete ad hoc requests as needed. Travel expectations: 25 – 50%.
Principal Fixed Income is the public fixed income investment management platform of Principal Asset Management and manages U.S. $147.3 billion in assets under management as of September 30, 2024. Principal Fixed Income has capabilities that span all major fixed income sectors. Our globally integrated platform with investment centers worldwide and over 90 investment professionals, helps to directly access global fixed income markets and deliver a diversity of investment perspectives.
In addition to public fixed income, 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!
Who You Are
5+ years of financial services-related experience with a focus on the asset management industry and fixed income markets
Undergraduate degree with an excellent academic background, preferably within a finance-related field (e.g., economics, finance, statistics, etc.)
Extensive knowledge of fixed income markets and the asset management industry
Skills That Will Help You Stand Out
Additional credentials or progress towards obtaining additional credentials; preferably, a CFA or MBA
Deep knowledge across fixed income sectors, including familiarity with high yield, municipals, investment grade credit, securitized debt and multi-sector fixed income strategies/products
Excellent professional presentation and communication skills
Experience working within US/global institutional investment management and associated sales channels
Strong organizational skills, with an ability to manage a high volume of work with tight deadlines
Self-starter who can work effectively on their own, while being able to efficiently navigate a large organization to obtain data and information
Advanced Excel and PowerPoint skills, with the ability to manipulate data and build polished presentations independently
Advanced technical skills including familiarity with Bloomberg, BlackRock Solutions Aladdin Suite, eVestment, Morningstar, iMoneyNet and other related industry third-party systems
Creativity
Salary Range Information
Salary 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 (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$123000 - $167000 / year
Time Off Program
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
No
Additional Information
Location(s)
Locations include New York, Seattle, Chicago, or Des Moines.
Work Environments
This role offers the ability for in-office or hybrid (blending both office and remote work in a typical workweek) work arrangements. 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 (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/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 (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.
Principal is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Posting Window
We 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.
Original Posting Date
11/6/2024
Most Recently Posted Date
11/6/2024
We’re looking for a Client Portfolio Manager to join our Fixed Income team. In this role, you’ll act as a key liaison between portfolio management and Principal Fixed Income’s clients worldwide!
Advocate for and commercially advance Principal’s global fixed income platform
Act as an extension of our portfolio management teams
Deliver a best-in-class client experience
Key responsibilities include: Support client/prospect engagement efforts, develop collateral and help build Principal Fixed Income’s advocacy internally and externally, oversee investment team review of RFPs and DDQs, conduct internal trainings, and complete ad hoc requests as needed. Travel expectations: 25 – 50%.
Principal Fixed Income is the public fixed income investment management platform of Principal Asset Management and manages U.S. $147.3 billion in assets under management as of September 30, 2024. Principal Fixed Income has capabilities that span all major fixed income sectors. Our globally integrated platform with investment centers worldwide and over 90 investment professionals, helps to directly access global fixed income markets and deliver a diversity of investment perspectives.
In addition to public fixed income, 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!
Who You Are
5+ years of financial services-related experience with a focus on the asset management industry and fixed income markets
Undergraduate degree with an excellent academic background, preferably within a finance-related field (e.g., economics, finance, statistics, etc.)
Extensive knowledge of fixed income markets and the asset management industry
Skills That Will Help You Stand Out
Additional credentials or progress towards obtaining additional credentials; preferably, a CFA or MBA
Deep knowledge across fixed income sectors, including familiarity with high yield, municipals, investment grade credit, securitized debt and multi-sector fixed income strategies/products
Excellent professional presentation and communication skills
Experience working within US/global institutional investment management and associated sales channels
Strong organizational skills, with an ability to manage a high volume of work with tight deadlines
Self-starter who can work effectively on their own, while being able to efficiently navigate a large organization to obtain data and information
Advanced Excel and PowerPoint skills, with the ability to manipulate data and build polished presentations independently
Advanced technical skills including familiarity with Bloomberg, BlackRock Solutions Aladdin Suite, eVestment, Morningstar, iMoneyNet and other related industry third-party systems
Creativity
Salary Range Information
Salary 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 (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$123000 - $167000 / year
Time Off Program
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
No
Additional Information
Location(s)
Locations include New York, Seattle, Chicago, or Des Moines.
Work Environments
This role offers the ability for in-office or hybrid (blending both office and remote work in a typical workweek) work arrangements. 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 (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/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 (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.
Principal is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Posting Window
We 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.
Original Posting Date
11/6/2024
Most Recently Posted Date
11/6/2024