Portfolio Analyst II (Real Estate)

What You'll Do

Are you passionate about real estate investments and want to contribute to the management of a dynamic real estate portfolio through analytics and analysis?

 

We’re looking for a Portfolio Analyst II to join our Principal Real Estate Investors (PrinREI) team. In this role, you’ll assist in the Portfolio Management of a comprehensive data center real estate portfolio by providing analytical, reporting, and other support including sensitivity and variance analysis of annual operating budgets and business plans, asset valuation models, portfolio diversification measures, performance returns and attribution and other asset/portfolio metrics as directed by the team. You may also create client reports, on-boarding and processing of investments, and assistance in the development and launch of new strategies, funds, and separate accounts.

 

You will also support the following:

• Portfolio Analysis: Develop extensive knowledge of the assets within assigned portfolios. Working under the direction of senior staff, provide analytical support regarding client business plans and investment strategies including portfolio performance, diversification measures, sensitivity analysis, variance analysis and other relevant financial analysis. Develop positive client relationships by establishing close contact with external client and consultant analysts. Address less complex client questions regarding portfolio analysis process.
• Information Management and Reporting: Ensure a coordinated flow of quality information reaches portfolio managers, consultant, and clients. Assist in the reporting of economic and statistical portfolio reports as required by consultants and clients, regulatory agencies, and others. Provide quality control of portfolio management information.
• Portfolio Research: Conduct ongoing and special project research. This includes but is not limited to in-depth reviews and analysis of the portfolio, acquisition and disposition candidates and real estate investment environment and emerging macro trends in real estate supply and demand.
• Market knowledge: Continue to develop understanding of the data center market/ portfolio dynamics. This may include occasional travel to relevant markets. Mentor and share knowledge with less experienced analysts.

 

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, a subsidiary of Principal Financial group, offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at www.principalam.com!

 

You will be eligible for an annual bonus pay out in addition to the base pay range shown in the job description.

Who You Are

• Bachelor's degree in finance, business, or related field; preferably with a real estate emphasis
• Minimum 2 years of analytical commercial real estate or data center experience
• Requires working knowledge of commercial real estate modeling techniques
• Strong analytical, organizational, interpersonal and communication skills (oral and written) required
• 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 managing multiple priorities is essential
• Travel as needed is required

 

Skills That Will Help You Stand Out

• ARGUS
• Excel

 This position may be subject to SEC restrictions on personal political contributions.

 

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.

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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 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

2/4/2025
Most Recently Posted Date

2/4/2025

Salary : $86,450 - $116,850