Client Portfolio Manager Fixed Income, Asset Management

Job description

**What You'll Do**

We’re looking for a Client Portfolio Manager to join our Fixed Income team.

In this role, you’ll act as a key liaison between portfolio management and Principal Fixed Income’s clients worldwide!

+ Advocate for and commercially advance Principal’s global fixed income platform
+ Act as an extension of our portfolio management teams
+ Lead U.S. Retail/Wealth channel engagement
+ Deliver a best-in-class client experience

Key responsibilities: Utilize investment expertise and influencing skills to act as an extension of and advocate for Principal Fixed Income’s best-in-class portfolio management teams.

Serve as the primary investment expert for the U.S. Retail/Wealth channel, partnering closely with distribution teams to drive measurable growth across Principal Fixed Income’s suite of products.

In collaboration with the broader fixed income client portfolio management team, deliver impactful investment thought-leadership, consistent messaging and serve as a trusted partner both internally and externally.

Principal Fixed Income is the public fixed income investment management platform of Principal Asset Management and manages U.S. $150.7 billion in assets under management as of June 30, 2025.

Principal Fixed Income has capabilities that span all major fixed income sectors.

Our globally integrated platform with investment centers worldwide and over 80 investment professionals, helps to directly access global fixed income markets and deliver a diversity of investment perspectives.

In addition to public fixed income, Principal Asset Management offers global asset management expertise across a diverse set of traditional and alternative asset classes.

Check us out at www.principalam.com !

**Who You Are**

+ 8+ years of asset management, client portfolio management or related investment experience, demonstrating a focus on fixed income markets
+ Undergraduate degree with an excellent academic background, preferably within a finance-related field (e.g., economics, finance, statistics, etc.)
+ Extensive knowledge of fixed income markets and the asset management industry
+ Clear grasp of the innerworkings of the U.S. Retail/Wealth channel, with experience serving as a direct investment representative to clients, consultants, and/or large advisory platforms
+ Excellent relationship building and communication skills with the ability to explain complex investment concepts clearly and persuasively to a range of audiences
+ Proven ability to lead meetings, develop relationships and contribute to strategic decision-making

**Skills That Will Help You Stand Out**

+ Additional credentials or progress towards obtaining additional credentials; preferably, a CFA or MBA
+ Deep knowledge across fixed income sectors, including familiarity with high yield, municipals, investment grade credit, securitized debt and multi-sector fixed income strategies/products
+ Excellent professional presentation and communication skills
+ Experience working within institutional investment management and associated sales channels
+ Strong organizational skills, with an ability to manage a high volume of work with tight deadlines
+ Self-starter who can work effectively on their own, while being able to efficiently navigate a large organization to obtain data and information
+ Advanced Excel and PowerPoint skills, with the ability to manipulate data and build polished presentations independently
+ Advanced technical skills, including familiarity with Bloomberg, BlackRock Solutions Aladdin Suite, eVestment, Morningstar, iMoneyNet and other related industry third-party systems
+ Creativity

Position requires extensive travel.

**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)**

$153000 - $207000 / 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
**Location(s)**

We’re open to considering talent in New York, Seattle, Chicago, or Des Moines.

You can check out what our Global Headquarters in Des Moines, IA looks like here:

**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.

**Experience Principal**

At Principal, we value connecting on both a personal and professional level.

Together, we’re imagining a more purpose-led future for financial services – and that starts with you.

Our success depends on the unique experiences, backgrounds, and talents of our employees.

And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being.

Check out our careers site to learn more about our purpose, values and benefits.

**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**

10/6/2025

**Most Recently Posted Date**

10/7/2025

Required Skill Profession

Other General