Note: The job is a remote job and is open to candidates in USA. Principal Financial Group is a financial services and technology company that develops tools to improve customers’ financial security. The Investment Operations Analyst will support Separate Account Operations through investment administration, reconciliation, reporting, transaction management, compliance, data, trade support, and system improvement activities. The role also involves resolving complex operational issues, collaborating with internal and external stakeholders, and training team members.
Responsibilities
- Independently complete transactions and resolve problems with recordkeeping, accounting, trade platform and/or pricing system with only minimal mentorship. Serve as a subject matter expert on daily tasks. Build new investments, follow compliance rules, and ensure readiness for trading, reconciliation, settlement, client reporting and/or pricing process. Identify and resolve issues associated with client data, trade breaks, reconciliation breaks, and/or compliance breaches. Prepare reports and retain controls in alignment with internal policies and clients' needs. Participate in projects and/or advance toward taking on lead responsibilities. Recommend, research, test, document and/or progress towards becoming lead on system changes
- Work with internal and external personnel including senior operations staff, administration, mutual fund companies, IT, banks, broker dealers, custodians, sub-advisors, outside vendors, regulatory agencies and/or industry contracts to educate, provide direction, acquire information and address issues
- Provide training to team members. Serve as first point of contact for inquiries. Demonstrate expertise in the areas of technical functions, research of issues, problem solving, making decisions independently and effective communication
- Perform other job related duties or special projects as the need arises
Skills
- 3+ years of accounting, finance or economics experience or equivalent, shown through one or a combination of the following: work experience, training, military experience, or education
- Experience in investment/mutual fund operations or related field desired
- Knowledge of terminology related to finance and investments is helpful
- Experience with SQL, SAS, and/or Power BI and willingness to use AI as preferred capabilities
- Solid analytical, problem solving, interpersonal, time management, planning, decision making, and communication skills required
- Must be detailed oriented
- Basic PC and/or system skills required
- Success in this position requires a strong client service orientation. You must work effectively under pressure in a fast paced, team-based environment. You will produce accurate and timely information with minimal direction
- Must be able to handle multiple, increasingly complex, tasks, prioritize effectively and be flexible as business needs change
- Must have the ability to take initiative, be a self-starter and work independently
- Hybrid will be a blending of at least three office days in a typical workweek and only if residing within 30 miles from Des Moines, IA or Charlotte, NC
- We are not considering applicants who require any type of immigration sponsorship to work in the United States now or in the future. This includes F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, and similar authorizations
- A Bachelor's degree or equivalent experience in fields such as accounting, finance, economics, or business is preferred
Benefits
- Non-sales positions have the opportunity to participate in a bonus 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.
- Pension Eligible: Yes
- This role offers an in-office hybrid work arrangement as well as fully remote, depending on the candidate.
- Hybrid will be a blending of at least three office days in a typical workweek and only if residing within 30 miles from Des Moines, IA or Charlotte, NC.
Company Overview