Securities Ops Specialist III - Minneapolis, MN

Principal Financial Group•Minneapolis, MN

7d•Hybrid

About The Position

We are looking for a Securities Operations Specialist III to join our Principal Custody Solutions team! Utilizing your in-depth knowledge of asset servicing and securities settlement processes, you'll play a key role in supporting complex transactions while researching and resolving issues, mitigating risk, driving process improvements, and partnering with colleagues and business partners to deliver exceptional service. This position offers the opportunity to work independently, contribute to strategic initiatives, and play a meaningful role in maintaining the accuracy and integrity of critical operational processes. 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
5 years of experience in customer service, trust operations, asset servicer or financial services
Proven experience in securities operations with a focus on process improvement.
Effective Communication skills for collaboration across teams
Excellent organizational and multitasking capabilities
Ability to manage projects and initiatives

Nice To Haves

7+ years of experience in Trust, custody, securities operations, financial services or business processing.
Deep understanding of custody and trust accounting practices and full scope of the securities transaction processes.
In-depth knowledge of custody and investment operations, and strong knowledge of DTCC, Fed, SWIFT, SEI Trust 3000, and other custody systems.

Responsibilities

Perform balancing, reconciliation, research, and issue resolution activities for complex securities transactions while responding to high-priority client and business partner requests and ensuring service level commitments are met.
Ensure coverage and manage tactical responsibilities as needed, while serving as a primary point of contact for complex securities transactions, escalated issues, and operational inquiries.
Manage compliance and risk by adhering to internal controls, regulatory requirements, policies, and standard operating procedures, focusing on mitigating operational risk.
Deliver training, coverage planning, coaching, and development opportunities to team members while serving as a resource for operational expertise.
Drive strategic initiatives by leading or participating in process and technology improvements that improve operational efficiency and effectiveness.
Collaborate with internal partners and subject matter experts to identify process improvements, streamline procedures, and support department and business objectives.
Lead small projects and contribute to broader organizational initiatives as needed.
Demonstrate a positive, solution-oriented approach and a dedication to collaboration while working with a high degree of independence.