Sr. Business Operations Analyst – Principal Custody Solutions

Principal Financial Group • Minneapolis, MN

3d • Hybrid

About The Position

We’re looking for a Sr. Business Operations Analyst to join our Principal Custody Solutions team. In this role, you’ll represent Principal Custody Solutions in industry forums and stakeholder groups, evaluate emerging industry and regulatory developments, provide business impact analysis and recommendations, and develop materials to support stakeholder engagement and ongoing communications. You will lead analysis and business readiness efforts for strategic industry initiatives, including DTCC modernization efforts, 23x5 trading, tokenization, and digital assets, and provide recommendations to support organizational decision-making and implementation. You will act as a liaison between business partners and technical areas to implement business, marketing and technical infrastructure solutions to meet immediate and strategic needs. You will participate in and contribute to strategic discussions and recommend efficient solutions, and lead large business unit, cross business unit including analysis, business/functional requirements and testing. 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

• College degree or 4+ years of work experience
• 6+ years of related experience (e.g., financial securities work experience in trust & custody operations)
• Experience leading large scale projects across workgroups
• Ability to work effectively in a matrix environment
• Must possess excellent leadership, strong analytical, problem-solving, and big-picture/conceptual skills
• Must have the ability to work with people at all levels and influence others without formal authority
• Demonstrated ability to operate effectively in evolving and ambiguous environments, partnering with internal stakeholders and industry peers to shape approaches and establish frameworks for responding to emerging trends.
• Must be able to build and maintain relationships and facilitate collaboration and communication
• Demonstrate the ability to embrace and understand the change process and effectively guides others through change
• Strong technical, financial services product and business processes acuity

Nice To Haves

• Experience with industry tools and products such as SEI T3000, DTCC PBS, BNYM Nexen, SWIFT, Alternative Assets and Canoe a plus

Responsibilities

• Represent Principal Custody Solutions in industry forums and stakeholder groups, evaluate emerging industry and regulatory developments, provide business impact analysis and recommendations, and develop materials to support stakeholder engagement and ongoing communications.
• Lead analysis and business readiness efforts for strategic industry initiatives, including DTCC modernization efforts, 23x5 trading, tokenization, and digital assets, and provide recommendations to support organizational decision-making and implementation.
• Act as a liaison between business partners and technical areas to implement business, marketing and technical infrastructure solutions to meet immediate and strategic needs.
• Participate in and contribute to strategic discussions and recommend efficient solutions.
• Lead large business unit, cross business unit including analysis, business/functional requirements and testing.

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.
• 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: Associate degree