Equity Analyst - Edge

What You'll Do

We are looking for an Equity Analyst to join Principal Edge! In this role, you’ll develop an understanding of our investment philosophy and process to support fundamental, bottom-up research and recommend investments for inclusion in its equity portfolios.

• Work independently to find quality companies within your sector
• Perform financial analysis and make projections to support your investment recommendations
• Work with Edge’s Director of Research and Portfolio Managers to make long-term investment recommendations for multiple portfolios
• Maintain research coverage of existing investments within the assigned sector coverage
• Proactively research, compile, and analyze information to aid Portfolio Managers in making informed investment decisions.

Principal Edge is an investment team within Principal Asset Management. Edge manages $21B from its Seattle-based office. The team’s investment process seeks to identify quality companies that pay meaningful, growing dividends. Edge has roots dating back to 1939, managing one of the first mutual funds in the country.

Edge's philosophy and process is based on the following:

• Identifying quality businesses with above average fundamental performance
• A long-term (typically 5 years) investment horizon
• A willingness to purchase businesses when they are out of favor

Learn more about us on the Principal Edge website

Who You Are

• Bachelor's degree, with either an emphasis in finance, economics, accounting, or engineering, or strong operational experience in a company outside of the investment management field and a deep understanding of the both the business and the industry in which it operates
• 3 years of related experience with strong analytical, financial, and economic skills
• Experience with equity research or portfolio management

Skills That Will Help You Stand Out

• MBA or CFA designation, or progress towards
• Strong Excel, Bloomberg, database, and Internet research skills
• A high level of self-initiative, intellectual curiosity, and comfort taking informed risks
• The ability to independently prioritize your day-to-day work and strong time-management skills
• Collaborative
• Superior verbal and written communication skills
• Effectively summarize research and use it to support and communicate persuasive recommendations

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
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 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

11/6/2024
Most Recently Posted Date

11/6/2024

Salary : $137,000 - $185,000