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Strategic Portfolio Manager I (Des Moines, IA)

Principal Financial Group
Des Moines, IA Full Time
POSTED ON 1/28/2026 CLOSED ON 3/26/2026

What are the responsibilities and job description for the Strategic Portfolio Manager I (Des Moines, IA) position at Principal Financial Group?

What You'll Do

Partner with portfolio leaders, teams, and enterprise stakeholders to influence and ensure portfolio alignment with enterprise strategy. This includes pursuing the following: clear priorities, visible and managed dependencies, and effective trade-off decisions required to optimize business outcomes within resource constraints. Serve as a trusted collaborator and advisor to the portfolio leadership team. Share, communicate and promote the portfolio vision to ensure visibility of products/services across the enterprise. Foster change leadership buy-in to continuously improve portfolio management outcomes. Leverage effective portfolio management tools and techniques which complement the operating model.

  • Execution of Strategy - Ensure alignment to Business and Enterprise strategic priorities and objectives and the achievement of strategic outcomes. Maximize use of data and analytics to inform decision making towards building the right things. Partner with portfolio stakeholders to deliver results that advance strategic outcomes.
  • Communication & Transparency - Lead and proactively communicate results, progress, risks, roadblocks, financial aspects, and data to teams, sponsors and stakeholders ensuring collaboration, decision making, and direction.
  • Drive Change – Lead continuous improvement, partnering with leaders, coaches, and team members to foster discovery and innovation, improve delivery speed, increase transparency, and achieve strategic outcomes. Advocate, influence, and lead change to become a more high-performing organization with an innovative culture.
  • Organizational Management - Effectively drive the portfolio to execute on customer needs and business objectives through organizing, communicating transparently, aligning and collaborating, and managing dependency and risk. Work across teams and vendors to remove impediments and ensure decision making leverages data where possible.
  • Perform other job-related duties or special needs as required.

Who You Are

  • 8 years of demonstrating progressive responsibility for strategic integration, stakeholder alignment, complex decision making, analysis, and informal leadership or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, or education
  • 4 of those years listed above, having direct responsibility for management of complex, cross-functional initiatives
  • Must possess excellent leadership, communication, presentation, facilitation, planning, and decision-making skills
  • Must be able to build and maintain relationships and facilitate collaboration and communication, including being perceived as a leader at all levels without formal authority
  • Must be results oriented and able to adapt and deal with ambiguous situations and manage expectations
  • Must be able to execute effectively in matrix management environment
  • Must have a strong business acumen and an understanding of the capabilities of information technology and applications to identify opportunities for process improvement
  • Experience and/or proven ability to assess organizational culture and operating model needs; and appropriately adapt to deliver required results
  • Must be able to operate in ambiguous environments
  • Minimal travel may be required, including overnight stays

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)

$123000 - $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

Yes
Additional Information

Work Environment

This role offers in-office, hybrid (blending at least three office days in a typical workweek) in our Des Moines office. You’ll work with your leader to figure out which option may align best based on several factors.

 

Work Authorization/Sponsorship

At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.) 

Nonimmigrant Workers and 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

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

3/26/2025
Most Recently Posted Date

3/26/2025

Salary : $123,000 - $167,000

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