Risk Management Analyst

Principal Financial Group • Des Moines, IA

33d • $58,900 - $79,800 • Hybrid

About The Position

Are you energized by solving problems, digging into data, and helping a business understand risk in smarter, more meaningful ways? Do you thrive in environments where you can help build something new-not just follow a checklist? If so, you may be the perfect fit for our Risk Management Analyst role within Enterprise Risk Management (ERM). This is an excellent opportunity for an early-career professional eager to grow into a broader risk-management career path. You'll work alongside experienced risk leaders supporting an evolving enterprise-wide risk framework-helping to create structure, interpret data, and partner with the business to identify, assess, and understand risk. This role blends analytical work, technology, problem solving, and collaboration with strong exposure to areas such as loss event data, third-party risk, risk assessments, business continuity, incident response, control effectiveness, root cause analysis, and more. Candidates with backgrounds in risk, compliance, audit, SOX, legal, data analytics, or related fields are highly encouraged to apply.

Requirements

• Bachelor's degree or equivalent experience
• Exposure to risk management, audit, compliance, SOX, legal, operations, or related concepts through coursework, internships, volunteer work, or project-based experience
• Strong Excel and PowerPoint skills
• Strong analytical, problem-solving, and communication skills
• Comfort working with data, technology, and ambiguous environments

Nice To Haves

• Bachelor's degree in risk management
• 1+ years of professional experience with risk functions such as loss event data, third-party risk, risk assessments, control effectiveness, root cause analysis, business continuity or incident response
• Exposure to enterprise risk programs or RIS business areas
• Experience with ServiceNow, SharePoint and PowerBI (including dashboard creation)
• Ability to interpret data and communicate insights to business partners
• Familiarity with COSO frameworks

Responsibilities

• Engagement and support with RIS business partners and RIS Risk team.
• Issue management: consult with first-line risk partners to identify material issues impacting operational processes, services, and products, challenge the root cause and remediation actions, enter and track issue details, monitor to completion
• Risk analysis and assessment: Consult with first-line partners or in partnership with the Enterprise Risk Assessment team to leverage applicable services to assess, challenge, and validate control effectiveness
• EUA: partner with first-line risk and business contacts to identify and consult on EUA (end user application) risk management, ensuring they are properly risk assessed and inventoried in the corporate EUA application and develop a program to help ensure compliance with the EUA policy and standards
• Reporting and communication: prepare specific BU functional level risk reports and communications (leveraging AI to produce dashboards, presentations, etc.), leverage Reporting function tools and resources

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
• Industry: Funds, Trusts, and Other Financial Vehicles
• Number of Employees: 5,001-10,000 employees