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Associate Director, Quantitative Equities

We're looking for an Associate Director, Quantitative Equities to join our Equities team at Principal Asset Management. In this role, you'll apply quantitative methods to research, develop, and implement investment strategies, helping to inform key decision-making across our equity portfolios!

Leverage Quantitative Methods to Inform Investment Decisions around income enhancement

Build tools to evaluate options market opportunities

Evaluate other income enhancing tools and asset classes

Advise portfolio managers across US and Global Strategies

Lead data sourcing and management efforts, including acquisition from external vendors, pipeline development, database design, and quality assurance to ensure timely and accurate information delivery

Publish and monitor production models that influence investment decisions

Deliver interfaces and solutions to end users in intuitive and useful ways

Monitor and control performance of models and investment products

Leadership of projects and people including supporting Portfolio Managers and Analyst teams

Principal Asset Management is the global investment solutions business for Principal Financial Group (Nasdaq : PFG), managing about $580 billion in assets and over 60 years of experience. Principal Asset Management has been recognized as a "Best Places to Work in Money Management" for 13 consecutive years!

Who You Are

Bachelor Degree in Statistics, Data Science, Business, Finance, Financial Engineering, Engineering, Computer Science or equivalent

5+ years of related experience in equity investment industry and quantitative finance (models), options preferred

Experience with programming such as Python, R, and / or SQL

Skills That Will Help You Stand Out

Experience in Data Engineering, including database design and ETL principles

Ability to make effective, well-informed decisions and recommendations in a highly time-sensitive environment, often with incomplete and / or contradictory information

Ability to efficiently and effectively research and summarize information, and communicate persuasive recommendations

High level of self-initiative, be able to work independently within a collegial structure, and be comfortable taking risks

Enjoy asking questions, expressing opinions, and actively engaging in internal discussions regarding investment strategy and recommendations

Ability to demonstrate creativity and offer unique solutions to complex problems

Creativity in defining challenging exploratory projects and developing solutions

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) $137000 - $185000 / 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

Location(s)

Locations for hybrid talent are Des Moines, Denver, Seattle, Chicago, or New York.

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.

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.

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.