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Senior Consultant, Engineering Services - Real Estate

What You'll Do:

We’re looking for a Senior Consultant, Engineering to join our Principal Real Estate team. In this role, you’ll provide in‑house consulting and review of construction management, building technology, and property condition and/or environmental risk assessments to support commercial real estate investments. You’ll review architectural/engineering designs, project budgets, schedules, contract documents, risk management practices, and sustainability programs, and assess the quality, condition, and physical needs of investment properties.

  • Analyze and interpret architectural, engineering, construction, and environmental due‑diligence information. Review related documents for internal teams, external property managers, portfolio managers, and clients.
  • Develop scopes of work for external consulting and construction providers, and negotiate fees, terms, and conditions for investment, capital expenditure, due‑diligence, risk management, and sustainability initiatives.
  • Manage assigned projects for asset managers, mortgage loan representatives, portfolio managers, and clients.
  • Travel to properties and markets to inspect assets, audit physical condition, and oversee project management activities as needed.
  • Develop, supervise, and deliver training on programs and procedures that help reduce economic risks tied to engineering, construction, sustainability, and existing property conditions.
  • Oversee construction budgets, vendor relationships (including contract and fee negotiations, product quality, and timeliness), and resource allocation.


Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing $579.8 billion in assets including $102.2 billion in real estate assets, and over 60 years of experience our comprehensive, specialized capabilities across all four quadrants of commercial real estate-private equity, public equity, public debt, and private debt gives us a unique perspective on real estate space and capital markets. Principal Asset Management has been recognized as a “Best Places to Work in Money Management” for 14 consecutive years! Check us out at www.principalam.com!

Who You Are:
  • Bachelor's degree in engineering, architecture, or fields applicable to construction management
  • Minimum of 7 years of relevant engineering, architectural, or construction management experience
  • Must have knowledge of national, state, and local regulatory standards

Skills That Will Help You Stand Out

  • Professional licensures in Architecture, Mechanical Engineering, Construction Management, Civil/Environmental Engineering or other applicable field
  • Project management experience in a variety of building project types such as senior living, multi-family residential, office, retail, and industrial
  • Excellent mathematical, oral, and written communication skills
  • Demonstrated ability to use sound judgment in providing cost effective engineering, construction project consulting, and/or construction management services
  • Success in this position requires a strong client service orientation, the ability to make effective decisions, and proven consulting and project management skills
  • Assertive, diplomatic, and positive
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: $127000 - $171000 / year Salary Details:
The base salary range for this role is $127,000 - $171,000 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 Additional Information:
This role will be based out of our World Headquarters located in Des Moines, IA. You can check out what our Global Headquarters 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 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. Date First Posted (TTF): 2/23/2026 Latest Post Date: Careers - US: 2/23/2026

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