What are the responsibilities and job description for the Managing Director - Head of Equities Client Portfolio Management position at Principal Financial Group?
What You'll Do
We’re looking for a Managing Director - Head of Client Portfolio Management to join our Equities team. In this role, you’ll lead and oversee a team of Equity Client Portfolio Managers and their output!
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
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)
$235000 - $319000 / 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)
We’re open to considering in-office, hybrid talent, or remote. Locations for hybrid talent are Denver, Des Moines, New York, Chicago, or Seattle. In-office and hybrid talent are highly preferred over remote.
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
3/10/2025
Most Recently Posted Date
3/10/2025
LinkedIn Remote Hashtag
We’re looking for a Managing Director - Head of Client Portfolio Management to join our Equities team. In this role, you’ll lead and oversee a team of Equity Client Portfolio Managers and their output!
- Represent and position the team's investment capabilities internally and externally to generate commercial success across multiple platforms, capabilities and geographies
- Act as global strategic leader to ensure distribution, insights, and client efforts are planned for and executed upon
- Set standards, manage processes and ensure consistent quality output to drive client retention, revenue generation and product ideation
- Direct partnerships with portfolio managers, researchers, and product development teams to plan and execute on new and existing product initiatives and innovative investment solutions based on client objectives
- Lead partnerships with marketing and insights teams to deliver timely, high quality thought capital that differentiates capabilities
- Oversee strategic partnerships and collaboration with distribution, relationship managers, consultant relations, and marketing staff to grow AUM and revenue
- Provide insights to portfolio managers by analyzing client sentiment, market trends, economic data, and company fundamentals in order to maximize returns
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
- 15 years of equity investment experience, including experience in relationship based and strategic partnership positions
- Experience leading a team
- MBA and/or CFA Charterholder
- Broad strategic thinker, demonstrate superior understanding of economies and investment theories, have a keen sense of curiosity and an open-minded thought process
- Advanced organizational, communication, presentation and relationship building skills
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)
$235000 - $319000 / 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)
We’re open to considering in-office, hybrid talent, or remote. Locations for hybrid talent are Denver, Des Moines, New York, Chicago, or Seattle. In-office and hybrid talent are highly preferred over remote.
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
3/10/2025
Most Recently Posted Date
3/10/2025
LinkedIn Remote Hashtag
Salary : $235,000 - $319,000
