What You'll Do

Principal is seeking a Compliance Analyst to support the compliance program of Principal Funds Distributor, Inc., an asset management mutual fund distributor and limited purpose broker-dealer, and Principal Securities, Inc., a dually registered broker-dealer and investment adviser. This role is responsible for performing compliance functions related to FINRA and SEC requirements, collaborating across the three lines of defense, and identifying solutions to increase efficiency and effectiveness of compliance processes.

This role is well suited for a compliance professional interested in developing expertise in FINRA and SEC regulatory compliance, particularly as it relates to retail and institutional broker-dealer, registered investment adviser, and mutual fund distribution activities.

• Assist in administering the broker-dealer, fund distributor, and investment adviser compliance program in accordance with FINRA, SEC, MSRB, and applicable federal securities laws
• Identify, interpret, and provide guidance on new and existing laws, regulations, and other directives applicable to the business unit and its customers
• Analyze and communicate complex compliance topics to internal business partners
• Support implementation and ongoing maintenance of compliance policies and procedures
• Provide risk-based compliance advice and support to internal business partners
• Maintain ongoing coordination with compliance, supervision, and other business partners, as appropriate
• Apply professional judgment to assess risk indicators and potential compliance or operational impacts
• Proactively identify and implement improvements to workflows, templates or automation opportunities to enhance efficiency
• Develop, strengthen, and manage relationships with peer industry organizations both internally and externally
• Perform other job-related duties or special projects as required

Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

Who You Are

• Bachelor's degree or equivalent experience
• 2+ years of experience in the financial services industry
• Experience with mutual fund distributors, limited purpose broker-dealers, retail or institutional broker-dealers, or registered investment advisers
• Strong written and verbal communication, analytical thinking, decision-making, and organizational skills
• Demonstrated ability to build and manage relationships across various disciplines
• Ability to work autonomously as well as in a collaborative group setting

Skills That Will Make You Stand Out:

• FINRA licenses, including Series 6, Series 7, Series 24, and/or Series 26
• Background in second line of defense compliance activities and risk evaluation
• Compliance experience within asset management, private funds, or mutual fund distribution
• Demonstrated innovation, adaptability, and resourcefulness
  
  

Fingerprint – You’ll be required to become a non-registered fingerprint person of Principal Securities, Inc. and Principal Funds Distributor, Inc.

Salary Range Information

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

The following locations are examples of market-specific salary ranges across different geographies. Please note, we are open to hiring Nation-wide for this role, these are simply an example of salaries in these geographic areas.

Time Off Program

Pension Eligible

Work Environments

This role offers in-office, hybrid, and remote work options. Hybrid means at least three office days per week. Remote work is available only if you live more than 30 miles from Des Moines, IA, Charlotte, NC, or Raleigh, NC. You’ll collaborate with your leader to decide which option fits best based on various factors.

Work Authorization/Sponsorship

At this time, we are not considering applicants who require any type of immigration sponsorship now or in the future. This includes work authorization such as F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, and others. For more information about work authorization, please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Ethical Guidelines

In Principal Asset Management positions, following an Investment Code of Ethics is required. This includes guidelines on personal and business conduct and personal trading for you and your household. These rules may extend to other jobs within the organization.

Experience Principal

At Principal, we emphasize connecting on both a personal and professional level. Together, we’re imagining a future in financial services that is more purpose-focused – and that starts with you. Our success stems from the unique experiences, backgrounds, and talents of our employees. And we back our employees in the same way we back our customers: with comprehensive, competitive benefit plans created to protect their physical, financial, and social well-being. Explore our careers site to find out 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.

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