Senior Product Manager, Asset Management

Principal Financial Group • Chicago, IL

9h • $130,000 - $171,000 • Remote

About The Position

As a Senior Product Manager within Principal Asset Management, you will drive initiatives supporting the Multi-Asset Investment team, partnering closely with investment professionals and global technology teams. This role leads complex, high-impact products that span multiple lines of business and serve as critical tools for portfolio management, trading, and investment research. You will operate end-to-end across the product lifecycle, from defining strategy and roadmap through discovery and delivery, while helping shape a new operating model that strengthens how product and technology partners collaborate. Principal builds financial tools that help customers live better lives, taking pride in being a purpose-led firm motivated by its mission to make financial security accessible to all, and has been a trusted leader for more than 140 years.

Requirements

• 6+ years of business, technology, or product management experience; or equivalent demonstrated through the following: work experience, military experience, or education
• 3+ years working in a highly collaborative, fast-paced environment with engineering teams and partners while managing multiple products
• Strong experience with modern product management practices, including discovery, product strategy and delivery against product outcomes
• Proven ability to lead, influence, and negotiate with partners at all levels of the organization
• Strong strategic thinking, decision ‑making, and relationship ‑building skills, with a focus on driving outcomes
• Proven experience using diverse perspectives, data, and insights to inform product decisions
• Experience mentoring or coaching others in a professional setting
• Comfortable navigating ambiguity and change, particularly within evolving operating models

Nice To Haves

• Product management experience within asset management, investment management, or investment operations
• Knowledge of multi ‑asset investment strategies, portfolio management systems, trading workflows, and investment research platforms
• Experience working with portfolio and order management systems (e.g., Bloomberg, Charles River)
• Global product or global operating model experience

Responsibilities

• Define and communicate a clear product vision, strategy, and roadmap for in ‑house and vendor solutions supporting multi ‑asset portfolio management, trading, and research capabilities
• Partner closely with engineering, architecture, and business stakeholders to deliver solutions aligned to investment operations, portfolio management workflows, and strategic business outcomes
• Use metrics, analytics, and customer insights to guide decisions, monitor product health, and find opportunities for innovation, improvement, and modernization
• Communicate product updates, timelines, risks, and dependencies to internal partners and senior leaders
• Act as a senior product leader and mentor, helping support team growth during a period of operational and organizational transformation

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
• Comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees