Compliance Analyst

Principal Financial Group

1d • $55,800 - $100,800 • Hybrid

About The Position

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.

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!

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.

Requirements

• 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

Nice To Haves

• 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

Responsibilities

• 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

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. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.
• Pension Eligible

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees