Equity Analyst, Financials
Principal Financial Group · Des Moines, IA · 1 mo ago
On-siteFinance$141k–$243k/yrFull-time
We need to output HTML fragment with sections: About the role? Actually the posting includes "What You'll Do" and "Who You Are" and "Skills That Will Help You Stand Out". Also Salary Range Information, Salary Details, Time Off Program, Pension Eligible, Location(s), Background, Work Authorization/Sponsorship, Investment Code of Ethics, Experience Principal, etc. We need to include only sections with real specific content, not filler. Must use for section headings (e.g., About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). But we can also use other headings? The instruction: "use
like "Additional Information". But to be safe, we can create sections: Responsibilities, Requirements, Skills, Pay, Benefits, Location (maybe as a paragraph). The instruction: "Prefer a few substantive sections over many thin ones." So we should combine.
Let's extract substantive content:
Responsibilities (What You'll Do):
- Work with diverse team of portfolio managers and dedicated sector analysts to deliver proprietary research and investment recommendations.
- Generate alpha through investment recommendations based upon in-depth, detailed proprietary analysis of industrial companies, with a specific focus on small- and mid-cap (market capitalization under $20 billion) financial sector companies in the U.S.
- Interact frequently with company management, industry experts, and other stakeholders to gather differentiated and high-conviction qualitative and quantitative insights.
- Partner closely with financial sector team lead, analysts, and portfolio managers to drive outperformance through stock selection while working within the framework of our research process and portfolio constraints.
- Build and maintain detailed financial models to forecast company performance and assess security valuation, incorporating macroeconomic and industry-specific factors.
- Generate timely, actionable investment ideas and communicate insights through written reports, models, presentations, and investment committee discussions.
- Maintain research coverage of existing investments within financials for multiple portfolios.
Requirements/Qualifications (Who You Are):
- 5+ years equity investment experience in financials, preferably with at least 2 years on the buyside.
- U.S. small- and mid-cap financials sector research and investment experience.
- Experience across multiple financial sub-sectors, such as banks, P&C and/or life insurance, asset/alternative managers, and diversified financials.
- Proven track record of generating consistent alpha through actively covered investment recommendations.
- Demonstrated ability to leverage AI-enabled research tools (including agentic AI and coworking tools) to enhance idea generation, due diligence, analysis, and investment decision-making.
- Ability to distill and communicate industry data and trends into actionable investment insights.
Skills That Will Help You Stand Out:
- MBA or CFA designation highly preferred.
- Possess best-in-class analytical skills, including extensive knowledge of the financials sector, fundamental company analysis, and financial modeling.
- Highly intellectually curious, with a clear passion for investing and public markets.
- Entrepreneurial mindset; self-starter with a desire to build out an individual franchise within Financials-dedicated team.
- Exceptional written and verbal communication skills.
- Willingness to travel for company visits, conferences, and research.
Pay:
- Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly) $141000 - $243000 / year.
- Salary Details: We are willing to hire at various levels based on years of relevant experience. The base salary range of $141,000 - $243,000 reflects market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. In addition to the base pay, you are also eligible for an annual bonus based off performance. Base pay estimated ranges for the various Analyst levels are: 5+ years experience: $141,000-$191,000 (note there is a typo: $191,0000? Actually text: "$141,000-$191,00008+ years experience: $179,000 - $243,000". Probably a formatting error; we should preserve as is? It says: "Base pay estimated ranges for the various Analyst levels are: 5+ years experience: $141,000-$191,00008+ years experience: $179,000 - $243,000". That seems messed up. We need to preserve ALL substantive information; do not invent or summarize away detail. So we must keep the exact text as given, even if it's weird. We'll copy that line exactly.
Benefits:
- 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 (maybe it's a line: "Pension Eligible No").
Location(s):
- Locations include New York City, Seattle, Denver, or Des Moines. You’ll work with your leader to determine the arrangement which best suits our needs.
Background etc maybe not needed as it's boilerplate? It's about the company; could be considered background but not required. The instruction: "Remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions." Background about Principal Asset Management may be considered boilerplate? It's not exactly legal/EEO, but it's company description. Might be considered not essential? However it's substantive info about the company. The instruction says preserve ALL substantive information; do NOT invent or summarize away detail. So we should keep it unless it's considered boilerplate. The list of boilerplate includes cookie/navigation/legal/EEO/equal-opportunity/scam-warning. Company description is not those. So we should keep it.
But we also have Work Authorization/Sponsorship, Investment Code of Ethics, Experience Principal, Equal Opportunity Employer, Posting Window, AI tools notice, etc. Many of those are legal/EEO etc. The instruction says remove EEO/equal-opportunity/scam-warning boilerplate. So we should remove Equal Opportunity Employer, Work Authorization/Sponsorship? That is about immigration sponsorship, maybe legal. It's likely considered legal boilerplate. Investment Code of Ethics maybe also legal. Experience Principal maybe company culture. Posting Window maybe administrative. AI tools notice maybe legal. We need to decide.
Given the instruction to remove legal/EEO/equal-opportunity/scam-warning boilerplate, we should remove sections that are clearly legal: Work Authorization/Sponsorship, Investment Code of Ethics, Equal Opportunity Employer, Posting Window, AI tools notice, Privacy notice link. Also "Experience Principal" maybe not legal but could be considered company culture; but it's somewhat generic. Might keep? It's not clearly boilerplate. However it's quite verbose and maybe considered "About us". Could keep as background.
But we already have Background section about Principal Asset Management. That may overlap with Experience Principal. Might be redundant. We could keep one.
Given "Prefer a few substantive sections over many thin ones", we should combine into maybe: Responsibilities, Requirements, Skills, Pay, Benefits, Location, About the Company (Background). That's six sections.
Let's extract About the Company from the "Background" paragraph: "Principal Asset Management includes a market-leading, long-only focused equities platform with $161 billion AUM. Principal offers global asset management expertise across a diverse set of traditional and alternative asset classes totaling over $752.7 billion AUM. Learn more at: www.principalam.com Consistent across all strategies, our approach is to evaluate and select stocks from a broad investment universe and construct portfolios in alignment with specific objectives and risk management parameters. Our conviction is built on differentiated fundamental insights we gather from conducting deep, company-specific research."
We'll keep that as a paragraph under About the Company.
Now we need to format with
for section headings (e.g., About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). But we can also use other headings? The instruction: "use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." It suggests we should use those headings if appropriate. However we can also use other headings? Probably we should map content to those standard headings. The posting includes responsibilities (What You'll Do) -> Responsibilities. Requirements/Qualifications -> Who You Are (experience). Skills That Will Help You Stand Out -> Skills. Salary Range Information -> Pay. Time Off Program -> Benefits? Actually benefits could be Time Off Program. Pension Eligible maybe also benefits. Location(s) maybe not a standard heading but could be included as a paragraph. Background maybe not needed. Work Authorization/Sponsorship maybe not needed? It's specific content but not a standard heading; we could include as a paragraph under maybe "Requirements"? But better to include as its own section with maybe "Work Authorization". However instruction says use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). It doesn't forbid other headings, but suggests we should use those for those categories. Probably we should stick to those headings where applicable, and for other info we can embed in
maybe "Work Authorization". However instruction says use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). It doesn't forbid other headings, but suggests we should use those for those categories. Probably we should stick to those headings where applicable, and for other info we can embed in
under appropriate sections or maybe create a
like "Additional Information". But to be safe, we can create sections: Responsibilities, Requirements, Skills, Pay, Benefits, Location (maybe as a paragraph). The instruction: "Prefer a few substantive sections over many thin ones." So we should combine.
Let's extract substantive content:
Responsibilities (What You'll Do):
- Work with diverse team of portfolio managers and dedicated sector analysts to deliver proprietary research and investment recommendations.
- Generate alpha through investment recommendations based upon in-depth, detailed proprietary analysis of industrial companies, with a specific focus on small- and mid-cap (market capitalization under $20 billion) financial sector companies in the U.S.
- Interact frequently with company management, industry experts, and other stakeholders to gather differentiated and high-conviction qualitative and quantitative insights.
- Partner closely with financial sector team lead, analysts, and portfolio managers to drive outperformance through stock selection while working within the framework of our research process and portfolio constraints.
- Build and maintain detailed financial models to forecast company performance and assess security valuation, incorporating macroeconomic and industry-specific factors.
- Generate timely, actionable investment ideas and communicate insights through written reports, models, presentations, and investment committee discussions.
- Maintain research coverage of existing investments within financials for multiple portfolios.
Requirements/Qualifications (Who You Are):
- 5+ years equity investment experience in financials, preferably with at least 2 years on the buyside.
- U.S. small- and mid-cap financials sector research and investment experience.
- Experience across multiple financial sub-sectors, such as banks, P&C and/or life insurance, asset/alternative managers, and diversified financials.
- Proven track record of generating consistent alpha through actively covered investment recommendations.
- Demonstrated ability to leverage AI-enabled research tools (including agentic AI and coworking tools) to enhance idea generation, due diligence, analysis, and investment decision-making.
- Ability to distill and communicate industry data and trends into actionable investment insights.
Skills That Will Help You Stand Out:
- MBA or CFA designation highly preferred.
- Possess best-in-class analytical skills, including extensive knowledge of the financials sector, fundamental company analysis, and financial modeling.
- Highly intellectually curious, with a clear passion for investing and public markets.
- Entrepreneurial mindset; self-starter with a desire to build out an individual franchise within Financials-dedicated team.
- Exceptional written and verbal communication skills.
- Willingness to travel for company visits, conferences, and research.
Pay:
- Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly) $141000 - $243000 / year.
- Salary Details: We are willing to hire at various levels based on years of relevant experience. The base salary range of $141,000 - $243,000 reflects market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. In addition to the base pay, you are also eligible for an annual bonus based off performance. Base pay estimated ranges for the various Analyst levels are: 5+ years experience: $141,000-$191,000 (note there is a typo: $191,0000? Actually text: "$141,000-$191,00008+ years experience: $179,000 - $243,000". Probably a formatting error; we should preserve as is? It says: "Base pay estimated ranges for the various Analyst levels are: 5+ years experience: $141,000-$191,00008+ years experience: $179,000 - $243,000". That seems messed up. We need to preserve ALL substantive information; do not invent or summarize away detail. So we must keep the exact text as given, even if it's weird. We'll copy that line exactly.
Benefits:
- 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 (maybe it's a line: "Pension Eligible No").
Location(s):
- Locations include New York City, Seattle, Denver, or Des Moines. You’ll work with your leader to determine the arrangement which best suits our needs.
Background etc maybe not needed as it's boilerplate? It's about the company; could be considered background but not required. The instruction: "Remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions." Background about Principal Asset Management may be considered boilerplate? It's not exactly legal/EEO, but it's company description. Might be considered not essential? However it's substantive info about the company. The instruction says preserve ALL substantive information; do NOT invent or summarize away detail. So we should keep it unless it's considered boilerplate. The list of boilerplate includes cookie/navigation/legal/EEO/equal-opportunity/scam-warning. Company description is not those. So we should keep it.
But we also have Work Authorization/Sponsorship, Investment Code of Ethics, Experience Principal, Equal Opportunity Employer, Posting Window, AI tools notice, etc. Many of those are legal/EEO etc. The instruction says remove EEO/equal-opportunity/scam-warning boilerplate. So we should remove Equal Opportunity Employer, Work Authorization/Sponsorship? That is about immigration sponsorship, maybe legal. It's likely considered legal boilerplate. Investment Code of Ethics maybe also legal. Experience Principal maybe company culture. Posting Window maybe administrative. AI tools notice maybe legal. We need to decide.
Given the instruction to remove legal/EEO/equal-opportunity/scam-warning boilerplate, we should remove sections that are clearly legal: Work Authorization/Sponsorship, Investment Code of Ethics, Equal Opportunity Employer, Posting Window, AI tools notice, Privacy notice link. Also "Experience Principal" maybe not legal but could be considered company culture; but it's somewhat generic. Might keep? It's not clearly boilerplate. However it's quite verbose and maybe considered "About us". Could keep as background.
But we already have Background section about Principal Asset Management. That may overlap with Experience Principal. Might be redundant. We could keep one.
Given "Prefer a few substantive sections over many thin ones", we should combine into maybe: Responsibilities, Requirements, Skills, Pay, Benefits, Location, About the Company (Background). That's six sections.
Let's extract About the Company from the "Background" paragraph: "Principal Asset Management includes a market-leading, long-only focused equities platform with $161 billion AUM. Principal offers global asset management expertise across a diverse set of traditional and alternative asset classes totaling over $752.7 billion AUM. Learn more at: www.principalam.com Consistent across all strategies, our approach is to evaluate and select stocks from a broad investment universe and construct portfolios in alignment with specific objectives and risk management parameters. Our conviction is built on differentiated fundamental insights we gather from conducting deep, company-specific research."
We'll keep that as a paragraph under About the Company.
Now we need to format with headings and - for lists,
for prose.
We must not repeat the job title as a heading. Not include Job ID etc.
We'll output only HTML fragment.
Let's craft:
Responsibilities
- Work with a diverse team of portfolio managers and dedicated sector analysts to deliver proprietary research and investment recommendations.
- Generate alpha through investment recommendations based upon in-depth, detailed proprietary analysis of industrial companies, with a specific focus on small- and mid-cap (market capitalization under $20 billion) financial sector companies in the U.S.
- Interact frequently with company management, industry experts, and other stakeholders to gather differentiated and high-conviction qualitative and quantitative insights.
- Partner closely with financial sector team lead, analysts, and portfolio managers to drive outperformance through stock selection while working within the framework of our research process and portfolio constraints.
- Build and maintain detailed financial models to forecast company performance and assess security valuation, incorporating macroeconomic and industry-specific factors.
- Generate timely, actionable investment ideas and communicate insights through written reports, models, presentations, and investment committee discussions.
- Maintain research coverage of existing investments within financials for multiple portfolios.
Requirements
- 5+ years equity investment experience in financials, preferably with at least 2 years on the buyside.
- U.S. small- and mid-cap financials sector research and investment experience.
- Experience across multiple financial sub-sectors, such as banks, P&C and/or life insurance, asset/alternative managers, and diversified financials.
- Proven track record of generating consistent alpha through actively covered investment recommendations.
- Demonstrated ability to leverage AI-enabled research tools (including agentic AI and coworking tools) to enhance idea generation, due diligence, analysis, and investment decision-making.
- Ability to distill and communicate industry data and trends into actionable investment insights.
Skills
- MBA or CFA designation highly preferred.
- Possess best-in-class analytical skills, including extensive knowledge of the financials sector, fundamental company analysis, and financial modeling.
- Highly intellectually curious, with a clear passion for investing and public markets.
- Entrepreneurial mindset; self-starter with a desire to build out an individual franchise within Financials-dedicated team.
- Exceptional written and verbal communication skills.
- Willingness to travel for company visits, conferences,
- for lists,
for prose. We must not repeat the job title as a heading. Not include Job ID etc. We'll output only HTML fragment. Let's craft:
Responsibilities
- Work with a diverse team of portfolio managers and dedicated sector analysts to deliver proprietary research and investment recommendations.
- Generate alpha through investment recommendations based upon in-depth, detailed proprietary analysis of industrial companies, with a specific focus on small- and mid-cap (market capitalization under $20 billion) financial sector companies in the U.S.
- Interact frequently with company management, industry experts, and other stakeholders to gather differentiated and high-conviction qualitative and quantitative insights.
- Partner closely with financial sector team lead, analysts, and portfolio managers to drive outperformance through stock selection while working within the framework of our research process and portfolio constraints.
- Build and maintain detailed financial models to forecast company performance and assess security valuation, incorporating macroeconomic and industry-specific factors.
- Generate timely, actionable investment ideas and communicate insights through written reports, models, presentations, and investment committee discussions.
- Maintain research coverage of existing investments within financials for multiple portfolios.
Requirements
- 5+ years equity investment experience in financials, preferably with at least 2 years on the buyside.
- U.S. small- and mid-cap financials sector research and investment experience.
- Experience across multiple financial sub-sectors, such as banks, P&C and/or life insurance, asset/alternative managers, and diversified financials.
- Proven track record of generating consistent alpha through actively covered investment recommendations.
- Demonstrated ability to leverage AI-enabled research tools (including agentic AI and coworking tools) to enhance idea generation, due diligence, analysis, and investment decision-making.
- Ability to distill and communicate industry data and trends into actionable investment insights.
Skills
- MBA or CFA designation highly preferred.
- Possess best-in-class analytical skills, including extensive knowledge of the financials sector, fundamental company analysis, and financial modeling.
- Highly intellectually curious, with a clear passion for investing and public markets.
- Entrepreneurial mindset; self-starter with a desire to build out an individual franchise within Financials-dedicated team.
- Exceptional written and verbal communication skills.
- Willingness to travel for company visits, conferences,