Quantitative Developer, Machine Learning & AI

Job overview

The Quantitative Developer, Machine Learning & AI role is hybrid in Des Moines, Iowa, or Chicago, Illinois, with at least three days per week in the office. The base salary is $120,000–$165,000 per year, with participation in an annual profit-share bonus plan. The role supports Principal Asset Management’s Private Markets Research & Analytics team, which develops investment solutions.

What you'll do

• Operationalize machine-learning solutions for investment decisions
• build scalable cloud-native workflows using AWS services
• develop data validation, feature engineering, model evaluation, and forecast-quality controls
• support forecasting, risk management, portfolio optimization, and performance measurement
• integrate generative AI and large language models into secure workflows
• and contribute to research and technical thought leadership.

What we're looking for

Skills & competencies

quantitative developer

machine learning

artificial intelligence

python

aws

generative ai

private markets

investment research

chicago il

principal financial group

annual profit-share bonus

Work arrangement

• Weekend coverage required

Benefits & perks

• Flexible Time Off and an annual profit-share bonus plan.

Why this role

The role combines production machine learning and generative AI with private-markets investment research and analytics.

About the employer

Principal Financial Group is hiring for this role. Industry: Portfolio Management and Investment Advice. Sector: 52.