Compliance Advisor

Principal Financial Group•Raleigh, NC

8h•Hybrid

About The Position

We’re looking for a Compliance Advisor to join our Principal Securities/Principal Funds Distributor (PSI/PFD) Compliance team! In this role, you'll assist compliance leadership in operating a comprehensive compliance program consisting of policies, procedures, and consultative guidance to business partners. Evaluate situations and provide strategic guidance to compliance with leadership and business partners on a variety of complex legal, regulatory, and compliance issues. Principal Funds Distributor, Inc. (PFD) is a limited-purpose broker-dealer supporting Principal’s domestic mutual fund, ETF and asset management product distribution to its sales and placement intermediaries, and Principal Securities, Inc. (PSI) is a dually registered broker-dealer and investment adviser supporting securities aspects of Principal’s insurance distribution, retirement record keeping services and an independent retail dual-registrant distribution. You'll Also Have The Opportunity To: Contribute to a broker-dealer and investment adviser compliance team accountable to Principal’s domestic fund, insurance and retirement product and service distribution. Drive, and support the business’ drive, for more efficient and effective processes Provide comprehensive research, analysis, and guidance on laws, regulations, and other complex compliance matters. Evaluate compliance and business situations and clearly communicate guidance and decisions to business partners and management. Participate on highly visible special projects critical to business unit and corporate growth initiatives. Leverage data to provide in-depth analysis and reporting to help guide decision-making processes. Assist in preparing for and responding to regulatory exams and other inquiries. Contribute to organizational learning by mentoring and coaching less experienced compliance professionals. Partner with the business to help design creative solutions for complex customer needs and business processes. Build and sustain strong relationships with colleagues throughout the enterprise. 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!

Requirements

6+ years related experience (mutual fund and/or insurance carrier broker-dealer compliance experience preferred)
Bachelor’s degree, JD, or MBA considered in lieu of experience
Excellent written and oral communication skills
Advanced analytical, problem solving, and organizational abilities
High level of creativity and resourcefulness
Demonstrated application of robust data analysis and reporting capabilities
Experience in assessing and implementing process improvements
Mentoring and coaching experience
Demonstrated application of risk management frameworks and concepts
Ability to interact with regulatory bodies
Expert knowledge and experience with mutual fund, ETF, private fund, variable insurance and/or group annuity products and services, and the related governing securities laws and regulations.
Deep understanding of fund complex, insurance carrier and/or retirement record keeping business operations
Good order for FINRA representative and principal registrations preferred

Responsibilities

Assist compliance leadership in operating a comprehensive compliance program consisting of policies, procedures, and consultative guidance to business partners.
Evaluate situations and provide strategic guidance to compliance with leadership and business partners on a variety of complex legal, regulatory, and compliance issues.
Contribute to a broker-dealer and investment adviser compliance team accountable to Principal’s domestic fund, insurance and retirement product and service distribution.
Drive, and support the business’ drive, for more efficient and effective processes
Provide comprehensive research, analysis, and guidance on laws, regulations, and other complex compliance matters.
Evaluate compliance and business situations and clearly communicate guidance and decisions to business partners and management.
Participate on highly visible special projects critical to business unit and corporate growth initiatives.
Leverage data to provide in-depth analysis and reporting to help guide decision-making processes.
Assist in preparing for and responding to regulatory exams and other inquiries.
Contribute to organizational learning by mentoring and coaching less experienced compliance professionals.
Partner with the business to help design creative solutions for complex customer needs and business processes.
Build and sustain strong relationships with colleagues throughout the enterprise.
Perform other job-related duties or special projects as required.