Director, Client Portfolio Management OCIO/Investment Solutions - Principal Financial Group : Job Details

Overview

We're looking for a Director, Client Portfolio Manager to join our Investment Solutions team. In this role, you'll contribute to the delivery of business results and lead a team for the OCIO business. 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 offers global asset management expertise across a diverse set of traditional and alternative asset classes.

Responsibilities

• Collaborate with others from across the organization to advance strategic initiatives, drive business enhancements, lead new business expansion and growth efforts
• Manage large and complex client relationships and advisory engagements
• Contribute to the creation of timely research, market intelligence, and thought leadership
• Lead a team of OCIO client portfolio managers that work across client types (endowments, foundations, non-qualified, pension)

Qualifications

• Bachelor's Degree or equivalent
• 8+ years of relevant experience, including proven success in roles such as client portfolio manager, commercial product specialist, investment consultant, investment strategist, or portfolio strategist, with demonstrated expertise navigating multiple market cycles
• Demonstrated experience managing a client facing team
• Experience with a successful track record of cultivating strong relationships with clients and constituents (advisors, consultants, investment committees, plan sponsors) and in the design, advising and management of multi-asset solutions for clients
• Experience with LDI (liability driven investments)
• Experience creating solutions across different client types including pensions, endowments, foundations, operating funds and non-qualified plans
• Experience with multi-manager & multi-asset class portfolios including alternatives, equities, and fixed income asset classes and other institutional investment strategies
• Proficiency with Microsoft Office Suite, Adobe, Morningstar Direct, PFaroe, SEI Trust System, Salesforce and Power BI

Skills That Will Help You Stand Out

• Achievement of a professional designation such as CFA, CAIA, FRM, CIMA, MBA or ASA/FSA
• Strong understanding of capital markets, global economies, investment strategy, portfolio construction, risk models and asset allocation frameworks/models, the competitive landscape and regulatory environment
• Experience working in a global, matrixed organization
• Experience with tools and systems used in portfolio management and analytics

Salary and Benefits

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): $174,000 - $236,000 / year

Time Off and Benefits

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

Location

We're open to remote, in-office or hybrid talent. Locations for hybrid talent are Minneapolis, Des Moines, Charlotte, Chicago, or New York City. Preferred locations to be located with other team members are Minneapolis or Des Moines.

Work Authorization

At this time, we\'re not considering applicants that need any type of immigration sponsorship 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.

Investment Code of Ethics: 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.

Equal Opportunity

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 Details

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. Original Posting Date: 8/12/2025. Most Recently Posted Date: 9/5/2025.

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