Portfolio Analyst II - Real Estate

What You'll Do

The Real Estate Equity Portfolio Management team is currently recruiting for a Portfolio Analyst II.

 

In this role, you will provide analytical support to the U.S. Property Portfolio Team including sensitivity and variance analysis of annual operating budgets and business plans, asset valuation models, portfolio diversification, performance returns and attribution and other asset/portfolio metrics as directed by the team In addition, you will assist portfolio managers with external communication to clients and consultants.

You will also support the following:

• Portfolio Analysis: Develop extensive knowledge of the assets within the portfolio. Provide analytical support regarding business plans and investment strategies including portfolio performance, diversification measures, sensitivity analysis, variance analysis, attribution, and other relevant financial analysis. Address less complex consultant and client questions regarding portfolio analysis.
• Information Management and Reporting: Ensure a coordinated flow of quality information reaches portfolio managers, consultants, and clients. Assist in the reporting of economic and statistical portfolio reports as required by consultants and clients, and internal stakeholders. Provide quality control of portfolio management information.
• Portfolio Research: Conduct ongoing and special project research as necessary. This includes, but is not limited to, in-depth review and analysis of the portfolio, acquisition and disposition candidates, in addition to trends within the real estate investment environment and emerging macro environment that impact real estate supply and demand.
• Market knowledge: Continue to develop an understanding of real estate market/ portfolio dynamics. This may include occasional travel to relevant markets.

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!

 

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

• Bachelor's degree, or equivalent experience in finance, business or related field. Emphasis in real estate preferred.
• 2+ years of analytical commercial real estate experience required, preferably in asset management or acquisitions.
• Working knowledge of commercial real estate modeling techniques including ARGUS. Proficiency in Microsoft Excel required; experience with modeling software/analysis tools are preferred.
• Strong analytical, organizational, interpersonal and communication skills (verbal and written).
• Success in this position requires attention to detail, a strong quantitative financial background and the ability to make effective decisions.
• Ability to work effectively in a deadline driven environment while balancing multiple priorities
• Travel as required, approximately 10%.

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

Location(s)

This role will be based out of our World Headquarters located in Des Moines, IA.

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.

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

6/18/2025
Most Recently Posted Date

6/18/2025