Job Information
Principal Financial Group Analyst, Private Infrastructure Debt in New York, New York
What You'll Do
We are excited to announce we are hiring an Analyst to join our growing Private Infrastructure Debt team!
In this role, you’ll be responsible to support, evaluate, structure and monitor infrastructure teams’ transaction activity across sectors including transportation, digital infrastructure, social infrastructure, power and energy, energy transition and utilities, among others. As an Analyst you will conduct and support core credit analysis, develop financial models, and provide research insights to support senior team members in making informed investment decisions and be a key member of the team.
Establish market facing relationships with Sponsors, agents and advisors.
Evaluate infrastructure transactions, both investment and non-investment grade and including traditional private placements, bank loans and special assets, and monitoring existing investments. Develop historical and projected financial models, analyze key financial metrics, legal analysis and conduct industry research to support investments. Develop and establish market relationships.
Independently conduct fundamental sector research. Analyze and explain economic, regulatory, tax and accounting, competitive, sector and political drivers that impact a borrower's ability to repay its debt. Assist in maintaining credit rating, outlook and relative value assessments of investments.
Support inquires from marketing, RFP, product, distribution and clients.
Develop knowledge of financial markets, current events, laws and regulations, tax and accounting trends and implications, business operating trends and capital market conditions and analyze their impact on private placement structures. Monitor industry and competitive environment through research of market intelligence and insights to proactively identify new opportunities, trends, emerging issues or threats.
Perform other job-related duties and special projects as required.
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!
Who You Are
Bachelor's degree in a technical field (ie, finance, accounting, economics, statistics, engineering, data science, business analytics) and 1+ years of experience
Must be able to understand basic accounting principles and economic theory, interpret financial statements, and efficiently and effectively research, compile and analyze information
Excellent abilities in the areas of communication (verbal and written), time management, analytics and use of Excel required
Must be collaborative, able to build and maintain strong relationships, manage expectations, attend to details, multi-task and prioritize effectively
Keen sense of curiosity and open-minded thought process desired
This position may be subject to SEC restrictions on personal political contributions
Skills That Will Help You Stand Out
Previous roles in fixed income, investments or related technical field
Knowledge of financial markets and fixed income strategies, including general knowledge of credit analysis methodology
Undergraduate GPA minimum 3.5 and progress towards CFA
Previous experience with Bloomberg
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)
$100100 - $140000 / 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 and Work Environments
We’re open to considering talent in the New Jersey/ New York area. This role offers the ability to work hybrid/in-office and some remote. You’ll work with your leader to figure out which option may align best based on several factors.
Job Level
We’ll consider talent at the next level with the right experiences and skills.
Work Authorization/Sponsorship
At this time, we're not considering candidates 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 (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)
Investment Code of Ethics
For Principal Global Investors 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
While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values (https://www.principal.com/about-us/careers#core-values) , benefits (https://www.principal.com/about-us/careers#benefits) and why we’re an exceptional place (https://www.principal.com/about-us/careers#reputation) to grow your career.
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
9/13/2024
Most Recently Posted Date
9/13/2024