Compliance Advisor

Principal Financial Group • Des Moines, IA

1d • Remote

About The Position

As a Compliance Advisor, you’ll support the organization’s compliance program by executing risk‑based compliance testing. You’ll partner with compliance and business stakeholders and other risk functions to assess compliance processes and controls, identify gaps, and support effective remediation.
Here are a few examples of the kinds of things you’ll do:
Conduct second‑line, risk‑based compliance testing of policies, procedures, processes, and controls using established testing standards and methodologies.
Review and evaluate documentation, data, and other evidence; conduct interviews and walkthroughs to assess control design and effectiveness.
Document testing results, including observations, root cause analysis, and risk impact, and draft clear, well‑supported testing reports.
Partner with compliance, business and risk stakeholders to discuss results, validate observations, and support development of corrective action plans.
Track remediation activities and perform follow‑up testing to assess whether corrective actions are complete and sustainable.
Apply regulatory requirements, internal policies, and risk assessment results to inform testing scope and conclusions.
Collaborate with other compliance, risk, and audit teams to promote alignment, consistency, and efficiency across testing activities.
Identify opportunities to improve testing approaches, templates, reporting clarity, and overall program effectiveness.
Leverage data, technology, and automation to improve testing efficiency, consistency, and insight.

Requirements

• Bachelor’s degree or equivalent professional experience.
• 6+ years of experience in compliance, risk management, audit, or related testing/monitoring roles in a regulated environment.
• Strong analytical and critical‑thinking skills, with the ability to assess complex processes and exercise sound judgment.
• Clear and effective written and verbal communication skills, with experience documenting results and engaging stakeholders.
• Ability to work independently, manage multiple testing activities, and meet deadlines.
• Collaborative mindset with the ability to build trusted relationships and provide credible challenge.

Nice To Haves

• Prior experience performing compliance testing or monitoring activities from planning through reporting and remediation follow‑up within financial services or asset management space
• Familiarity with compliance control frameworks, issue management, and remediation practices.
• Experience working across the three lines of defense.

Responsibilities

• Conduct second‑line, risk‑based compliance testing of policies, procedures, processes, and controls using established testing standards and methodologies.
• Review and evaluate documentation, data, and other evidence; conduct interviews and walkthroughs to assess control design and effectiveness.
• Document testing results, including observations, root cause analysis, and risk impact, and draft clear, well‑supported testing reports.
• Partner with compliance, business and risk stakeholders to discuss results, validate observations, and support development of corrective action plans.
• Track remediation activities and perform follow‑up testing to assess whether corrective actions are complete and sustainable.
• Apply regulatory requirements, internal policies, and risk assessment results to inform testing scope and conclusions.
• Collaborate with other compliance, risk, and audit teams to promote alignment, consistency, and efficiency across testing activities.
• Identify opportunities to improve testing approaches, templates, reporting clarity, and overall program effectiveness.
• Leverage data, technology, and automation to improve testing efficiency, consistency, and insight.

Benefits

• 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
• bonus program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior