Quantitative Developer

Principal Financial Group
 Boston, MA

Responsibilities

Are you a highly skilled Developer looking to be part of a dynamic global team? Do you enjoy working with complex data and working in a cross-functional environment?

Then this is the right opportunity for you!

Principal is seeking a talented Quantitative Developer to join our Real Estate Investment team (PrinRE), which manages over $100 billion in assets. This individual will be a key contributor to strategically aligned initiatives, supporting new and innovative products with the potential to shape the industry. This is an EXCELLENT opportunity to be a true pioneer for a Fortune 500 company and top-10 global real estate manager.

What you will do in this role:

  • Enable development of advanced statistical analysis and models to support all critical real estate functions investment decisions including, but not limited to strategic risk management, underwriting, performance forecast, and portfolio optimization
  • Own the data strategy and execution of our R&D efforts and contribute to thought leadership with internal and external stakeholders
  • Work closely with seasoned investment professionals, engineers, and other stakeholders to scale our ML-driven research platforms and support the needs of our clients
  • Help create differentiated capabilities through digital transformation by leveraging insights from ways people live, work, and play
  • Work with data scientists to support feature engineering, model orchestration, and deployment efforts
  • Define, source, and operate data handling routines to supply required training data for ML jobs
  • Build robust data pipelines from third party vendors using AWS
  • Help build the infrastructure needed for rapid experimentation in support of investment decisions
  • Support research, due diligence, and implementation of third-party data and PropTech solutions being evaluated by various stakeholders within PrinRE
  • Develop domain expertise with various external vendors

Qualifications

  • Bachelor's degree in STEM plus 8+ years related work experience or a Master’s in related field plus 2+ years in related work experience
  • Experience automating ingestion and use of data into ML services and other applications
  • Experience orchestrating machine learning services
  • Comfortable with data modeling concepts and preparation for ease of use
  • Proficiency with languages like Python, R, Scala
  • Experience with machine learning frameworks like TensorFlow, PyTorch, Spark ML, etc
  • Cloud computing platform experience (AWS)
  • Experience with Sagemaker
  • Commercial Real Estate knowledge a plus

What a Successful candidate looks like:

  • Ability to thrive on a highly collaborative, model-driven, and innovative team
  • Self-starter with ability to plan, execute, and take ownership for delivering quality solutions
  • Ability to articulate highly technical information across multiple teams
  • Desire to constantly learn and open to adapting

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

$87550 - $172800 / year

Additional Information

Hours

This position may require on-call responsibilities.

Job level

We’ll consider talent at the next level with the right experiences and skills.

Work Authorization/Sponsorship

At this time, we're not considering candidates 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.

https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers and https://www.uscis.gov/green-card/green-card-eligibility/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

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.

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.

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