Associate, Investments, Private Infrastructure Debt

What You'll Do Principal Private Infrastructure Debt team is growing! Our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. The Private Infrastructure Debt team has a growth mindset that believes in developing the talents of all our employees. We welcome fresh perspectives and are looking for someone with the skills, work ethic and positive attitude to inspire change and help us through our next phase of growth. You will gain a ton of meaningful experience with a team that’s invested in your personal success. As an Associate with the Private Infrastructure Debt team, you’ll support deal evaluation of High Yield and Investment Grade transactions including underwriting, structuring, portfolio monitoring and client work across sectors like energy, power, renewables, transportation, digital infrastructure among other areas. You’ll conduct credit analysis, build financial models, and provide research insights to assist senior team members in making investment decisions. Key responsibilities may include: Analyze and support infrastructure transaction activity including private placements and bank loans, and monitor existing investments. Develop and maintain credit memos, financial models, assess key financial metrics, and conduct industry research. Build and maintain relationships with sponsors, agents, and advisors. Research economic, regulatory, and market trends impacting investments. Support marketing, RFPs, and client inquiries. Stay informed on financial markets, industry trends, and capital market conditions. This role offers the opportunity to develop expertise in infrastructure finance while contributing to a dynamic investment team. Who You Are Bachelor’s degree in finance, accounting, engineering or a related technical field. (minimum 3.5 GPA). 3+ years’ experience in a combination of Infrastructure, Project Finance Loans, and Fixed Income. Strong Excel-based financial modeling skills, including experience developing and maintaining financial models, analyzing key financial metrics, and creating thorough underwriting memos. Solid understanding of accounting principles, financial statement analysis, credit analysis, and economic fundamentals. Familiarity with financial markets, fixed income strategies, and credit evaluation methods. Demonstrated ability to use available AI tools to improve workflow efficiency. Skills That Will Help You Stand Out Prior experience in credit analysis, underwriting, or a credit-focused investment role. Experience within one or more infrastructure sectors, including energy, power, renewables, transportation, or digital infrastructure. Progress towards CFA certification. Team-oriented, able to build relationships, manage expectations, and prioritize tasks effectively. Curious, open-minded, and eager to learn. Experience with tools such as Bloomberg, Python, or similar technologies. 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) $141000 - $191000 / year Salary Details The base salary range for this role is $141,000 - $191,000 as indicated above. Final compensation will be determined based on skills, experience, and alignment with the role’s responsibilities. In addition to base pay, this role participates in an annual profit share bonus plan. 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 and Work Environments We’re open to considering talent in the New York metro area. This role offers hybrid work set-up including four days in-office and one day remote. 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 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 and 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 10/1/2026 Most Recently Posted Date 10/2/2026 Principal uses artificial intelligence tools to assist in reviewing and evaluating job applications, fraud prevention, and candidate matching and comparisons. These AI tools support our human recruiters in the initial review process but do not make final hiring decisions without human involvement. By submitting your application, you acknowledge this use of AI in our recruitment process. Please review our Workforce (U.S.) Privacy Notice for more details on our practices and your data privacy rights. LinkedIn Hashtag #LI-MT1Principal Private Infrastructure Debt team is growing! Our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. The Private Infrastructure Debt team has a growth mindset that believes in developing the talents of all our employees. We welcome fresh perspectives and are looking for someone with the skills, work ethic and positive attitude to inspire change and help us through our next phase of growth. You will gain a ton of meaningful experience with a team that’s invested in your personal success. As an Associate with the Private Infrastructure Debt team, you’ll support deal evaluation of High Yield and Investment Grade transactions including underwriting, structuring, portfolio monitoring and client work across sectors like energy, power, renewables, transportation, digital infrastructure among other areas. You’ll conduct credit analysis, build financial models, and provide research insights to assist senior team members in making investment decisions. Key responsibilities may include: Analyze and support infrastructure transaction activity including private placements and bank loans, and monitor existing investments. Develop and maintain credit memos, financial models, assess key financial metrics, and conduct industry research. Build and maintain relationships with sponsors, agents, and advisors. Research economic, regulatory, and market trends impacting investments. Support marketing, RFPs, and client inquiries. Stay informed on financial markets, industry trends, and capital market conditions. This role offers the opportunity to develop expertise in infrastructure finance while contributing to a dynamic investment team.Bachelor’s degree in finance, accounting, engineering or a related technical field. (minimum 3.5 GPA). 3+ years’ experience in a combination of Infrastructure, Project Finance Loans, and Fixed Income. Strong Excel-based financial modeling skills, including experience developing and maintaining financial models, analyzing key financial metrics, and creating thorough underwriting memos. Solid understanding of accounting principles, financial statement analysis, credit analysis, and economic fundamentals. Familiarity with financial markets, fixed income strategies, and credit evaluation methods. Demonstrated ability to use available AI tools to improve workflow efficiency. Skills That Will Help You Stand Out Prior experience in credit analysis, underwriting, or a credit-focused investment role. Experience within one or more infrastructure sectors, including energy, power, renewables, transportation, or digital infrastructure. Progress towards CFA certification. Team-oriented, able to build relationships, manage expectations, and prioritize tasks effectively. Curious, open-minded, and eager to learn. Experience with tools such as Bloomberg, Python, or similar technologies.