Analyst | Associate, Underwriter (Direct Lending) - CHI / NY / DSM

at  Principal Financial Group

What You’ll Do:
Principal Alternative Credit (Direct Lending) launched in 2020 and our team is growing! Our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. The Direct Lending team has a growth mindset that believes in developing the talents of all our employees. We welcome fresh perspectives and are looking for someone with the skills, work ethic and positive attitude to inspire change and help us through our next phase of growth. You will gain a ton of meaningful experience with a team that’s invested in your personal success.

We’ll help you build a successful career through:

• Coaching from senior team members who are invested in your success
• Promoting training and development opportunities that help you build new skills or take on additional responsibility
• Providing resources and technology to help you work smarter, not harder
• Providing you opportunities to volunteer, attend targeted networking events and through strategic introductions to expand your network inside and outside of Principal

ANALYST QUALIFICATIONS:

• Bachelor’s degree in finance, accounting, economics, or a related field (minimum of 3.50 GPA)
• Ability to analyze and interpret financial statements, evaluate large sets of data and formulate conclusions. Has familiarity with leveraged buyout modeling
• Demonstrated critical thinking and problem-solving skills
• Strong, clear and concise written and oral communication skills
• Strong attention to detail and accuracy skills
• Strong organizational, multi-tasking and prioritization skills
• Ability to work effectively independently and in a team environment
• Highly motivated and intellectually curious and open-minded individuals
• Proficient in Excel, Microsoft Word and PowerPoint

ASSOCIATE QUALIFICATIONS:

• Bachelor’s degree in finance, accounting, economics, or a related field (minimum of 3.50 GPA)
• 1+ years’ experience within leveraged finance, private debt and/or related transactional experience.
• Knowledge of financial markets and fixed income strategies, including general knowledge of bond mechanics and pricing calculations is preferred.
• Ability to construct financial models such as three statement financial models and leveraged buyout models.
• Highly motivated and intellectually curious and open-minded individuals.
• Strong financial modeling, valuation and accounting skills.
• Collaborative, able to build and maintain strong relationships, manage expectations, attend to details, multi-task and prioritize effectively
  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: $86450 - $167000 / 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:

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, benefits and why we’re an exceptional place to grow your career.

RESPONSIBILITIES:

As an Analyst / Associate, you’ll assist in the due diligence, credit underwriting, execution, and portfolio monitoring of private debt investments.

ADDITIONAL RESPONSIBILITIES MAY INCLUDE:

• Collaborate and consult with peers, colleagues, and managers to resolve issues as they arise and achieve goals
• Participate in internal initiatives to ensure the business is well-managed and operates efficiently
  Who You Are: