Job Information
Principal Financial Group Senior Asset Management Analyst in Des Moines, Iowa
What You'll Do
We’re looking for a Senior Asset Management Analyst to join our Principal Real Estate team!
In this role, you’ll assist in the Asset Management of a large Private Equity Separate Account focused on investment in industrial real estate. You'll assist the team with all aspects of private equity real estate investment management, underwriting, and production under limited supervision for an assigned portfolio/geographic market. Provide advanced support and analysis for leasing transactions, property re-positioning activities, development projects, hold/sell analyses, acquisitions, dispositions, asset valuation, and capital client reporting.
What you'll do:
Interact closely with Portfolio Management and regional Asset Managers as well as local market contacts including property managers, leasing agents, joint venture partners, and capital markets/transaction brokers, to develop budgets, business plans, and assist with deal underwriting.
Under the direction of an experienced Asset Manager, provide oversight and direction for quarterly valuation and client reporting.
Assist in all aspects of investment management and investment production for assigned properties including core, value add and development activities.
This specific role will support Asset and Portfolio Management efforts responsible for the Investment Management of industrial real estate for a large Public Pension Fund client. The Separate Account includes a team of dedicated Asset and Portfolio Managers who cover all major markets in the United States as well as Europe and Canada. The Account is production oriented with a heavy focus on industrial development.
Principal Real Estate, a top 10 global real estate manager with approximately $100B in assets under management, is the dedicated real estate investment group within Principal Asset Management. With over 60 years of experience our comprehensive, specialized capabilities across all four quadrants of commercial real estate-—private equity, public equity, public debt, and private debt gives us a unique perspective on real estate space and capital markets.
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!
Annual bonus will be paid out in addition to the base pay range shown in the job description.
Who You Are
Bachelor's degree with evidence of a strong background in finance, mathematics, economics or business and preferably real estate
1+ years (3 or more years preferred) of commercial real estate investment experience
Skills That Will Help You Stand Out
Real estate valuation experience, including experience working in Argus Enterprise
Demonstrate a strong understanding of economics and commercial real estate investment
Excellent written and verbal communication, decision making, persuasion and time management including the ability to prepare and present reports
Ability to operate effectively with a very high level of autonomy and self-direction.
Location: This position will be in Des Moines Iowa and will benefit from a hybrid work arrangement, with an average of 4 days a week onsite.
Peek inside the Principal® campus - YouTube (https://www.youtube.com/embed/-hCqsfzlabk?si=qsFjvfrCaOOGY7Xn%22)
Travel: Domestic and some International overnight travel is required.
This position may be subject to SEC restrictions on personal political contributions.
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)
$86450 - $116850 / 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
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
3/17/2025
Most Recently Posted Date
3/17/2025
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