Equity Analyst - Industrials

Small Cap Industrials Equity Analyst

Principal's Global Equity team is searching for an experienced Small Cap Industrials Equity Analyst to join our research team! This candidate will work with a diverse team of portfolio managers and dedicated sector analysts and deliver proprietary research and investment recommendations.

Generate alpha through investment recommendations based on in-depth, detailed proprietary analysis of industrial companies, with a specific focus on small cap.

Interact frequently with company management, industry experts, and other stakeholders to gather differentiated and convicted qualitative and quantitative insights.

Partner closely with the Industrial sector team lead, analysts, and portfolio managers to provide outperformance through stock selection while working within the framework of our research process and portfolio constraints.

Build and maintain detailed financial and market-oriented 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 industrials for multiple portfolios.

The ideal candidate has :

5+ years equity investment experience in industrials, preferably with at least 2 years on the buyside.

A proven track record of generating consistent alpha through actively covered investment recommendations.

Advanced knowledge of various financial applications : FactSet and Bloomberg.

Ability to distill and communicate industry data and trends into actionable investment insights.

Skills That Will Help You Stand Out :

Possess best-in-class analytical skills, including extensive knowledge of the Industrials sector, fundamental company analysis, and financial modeling.

Highly intellectually curious, with a clear passion for investing and public markets.

MBA or CFA highly preferred.

Entrepreneurial mindset; self-starter with a desire to build out individual franchise within an Industrials dedicated team.

Exceptional written and verbal communication skills.

Extensive use of AI within security research.

Humility and self-awareness.

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) : $137,000 - $236,000 / 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.

Location(s) : Locations include New York City, Chicago, Seattle, Denver, or Des Moines. You'll work with your leader to determine the arrangement which best suits our needs.

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.

Work Authorization / Sponsorship :

At this time, we're not considering applicants 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 Asset Management 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.