Note: The job is a remote job and is open to candidates in USA. Principal Financial Group is seeking an Attributions Performance Analyst to join their Investment Operations team. The role involves supporting performance measurement and portfolio management processes, including calculations, analysis, and report preparation.
Responsibilities
- Develop / build out additional capabilities in support of new business and operational objectives
- Ensure accurate and timely distribution of GIPS composite performance along with total return investment performance and risk measures for portfolios and benchmarks, attribution, characteristics/analytics, risk measures, and analytics for portfolio and benchmark. Provide support to marketing area by responding to clients and consultants routine ad-hoc performance inquires and/or RFP/consultant questionnaires
- Support various investment team’s GIPS claim of compliance in line with CFA’s Institute’s Global Investment Performance Standards and regulatory requirements
- Measure, calculate, analyze and report on daily and periodic composite, index and portfolio performance, security level data and performance related statistics for assigned asset class portfolios, performance attribution, security/portfolio characteristics/analytics, asset modeling, investment analytics and performance related statistics for assigned asset class portfolios; ensure accuracy and reasonableness of output
- Research, and resolve complex investment performance, performance attribution data anomalies, system issues and/or client inquires. Prepare investment performance and analytical reports and maintain controls in alignment with internal policies and clients’ needs
- Collaborate with internal and external partners including senior operations, client services, and compliance to share information and resolve problems
- Support global investment initiatives through participation in projects, process reviews and/or system enhancements
- Evaluate the firm's investment performance and attribution relative to consultant, peer and client benchmarks
- Provide training to junior staff and global team members as needed
Skills
- Bachelor's degree, or equivalent, in accounting, finance, economics or business
- 2+ years professional experience in investment/mutual fund operations or related field at minimum
- Understanding of financial markets, investment strategies, security types, risk statistics, investment performance, Global Investment Performance Standards, characteristics/analytics, and attribution methodologies. Preferred experience with CLOs, Private Placement, Bank Loans, SMF data and generally researching security level detail
- Proven analytical, problem solving, interpersonal, time management, planning, decision making, relationship building and communication skills
- Proficiency with Microsoft Office specifically Excel – VLOOKUP, pivot tables, macros and SQL
- Familiarity with Bloomberg Port or Aladdin for attribution, Eagle Investment Performance System and Power BI for reporting
- Strong desire for continued education, CFA, CIPM, Master's and Data Analytic skills
- Detailed orientation
- Ability to prioritize and balance multiple, increasingly sophisticated, tasks and be flexible as business needs change
- Ability to take initiative, be a self-starter and work independently; includes project work
Benefits
- Competitive pay, benefits, perks and more. We’ll reward you for the skills and experience you have.
- Respect for your unique perspective. Diversity, inclusion and empowerment are at the core of our culture.
- A career, not just a job. Principal is a place where you can learn and innovate. Do important work. Make an impact. And achieve your professional goals.
- The ability to have a great job and a great life. Sure, work is important. But so is your family. And your friends. And your community. That’s why we provide the flexibility needed to find the right balance between your job and the rest of your life.
- 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.
- 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.
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