Securities Operations Specialist II

Principal Financial Group • Minneapolis, MN

5h • $25 - $33 • Hybrid

About The Position

Principal is seeking a Securities Operations Specialist II to join our Principal Custody Solutions (PCS) team. If you enjoy working in a fast-paced environment and have strong analytical, problem-solving and communication skills, this may be the position for you!

As a Securities Operations Specialist II, you will perform a variety of operational tasks for complex securities or cash related transactions or processes that require extensive knowledge of unit functions and systems.

Here are some examples of the kinds of things you'll do:
Manage complex securities activities
Differentiate, process, and reconcile transactions
Research inquiries and resolve customer complaints for internal partners and/or clients and investment managers
Review time critical and/or complex documents
Coordinate situations involving multiple departments
Provide department level reporting using multiple sources
Day-to-day income and entitlements processing
Provide training and support to team members, offer guidance, and assist with updating procedures and process improvements
Back-up other desks and work under minimal supervision

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

• High School Diploma or equivalent
• 3+ years of experience in customer service, operations, financial services or business processing
• Strong attention to detail and accuracy
• Good verbal, written, and interpersonal communication skills
• Effective organizational, multi-tasking skills
• Ability to work independently while exercising sound judgement
• Ability to comprehend moderate operational processes and their interrelationship
• Team player with strong interpersonal skills and adaptability
• Self-starter with ability to follow request through resolution
• Proficiency with key MS Office programs (Word, Excel, Outlook, OneNote, Teams)

Nice To Haves

• Trust and Custody experience
• Experience with industry tools such as SEI T3000, DTCC, Fed, and SWIFT is preferred

Responsibilities

• Manage complex securities activities
• Differentiate, process, and reconcile transactions
• Research inquiries and resolve customer complaints for internal partners and/or clients and investment managers
• Review time critical and/or complex documents
• Coordinate situations involving multiple departments
• Provide department level reporting using multiple sources
• Day-to-day income and entitlements processing
• Provide training and support to team members, offer guidance, and assist with updating procedures and process improvements
• Back-up other desks and work under minimal supervision

Benefits

• Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.
• Pension Eligible

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees