Principal Financial Group · 2 months ago
Associate, Investment Operations
Des Moines, Iowa
Full-time
Hybrid
Entry Level
$68K/yr - $85K/yr
2+ years expPrincipal Financial Group is a trusted leader in financial services, committed to making financial security accessible to all. The Associate, Investment Operations will support the full lifecycle of investment operations, including account administration, reporting, and transaction management while interfacing with various internal and external stakeholders.
Financial ServicesInsurance
No H1B
Responsibilities
Perform procedures, analysis and report preparation to support the full lifecycle of investment operations in a global infrastructure
Responsible for account administration, account reconciliation, reporting, transaction management and/or trade support activities
Support global investment initiatives through participation in projects, process reviews and/or system enhancements
Interface with internal and external personnel including senior operations staff, legal, relationship management, IT, banks, brokers, custodians, portfolio managers, and/or traders to obtain information, execute routine transactions and resolve problems
Establish new securities, compliance rules, new accounts, and or new reports to ensure readiness for trading, reconciliation, settlement and/or the client reporting process
Identify and resolve issues associated with client data, trade breaks, reconciliation breaks, and/or compliance breaches
Prepare reports and maintain controls in alignment with internal policies and client needs
Develop an understanding of Principal Asset Management's products, team procedures, and customer needs through self-initiated research, participation in available training programs and involvement in ongoing investment activities
Qualification
Required
Bachelor's degree, or equivalent, in accounting, finance, economics or business
2+ years of professional or intern experience in investment/mutual fund operations
Knowledge of financial services and investment related terminology
Preferred
Experience with investment reconciliation processes
Strong analytical, problem solving, interpersonal, time management and communication skills required
Knowledge of business applications and software including Microsoft Office (Excel proficiency), preferably Power Query and/or Power BI
Detailed oriented
Client service orientation, the ability to work under pressure in a deadline driven, team-based environment to produce accurate and timely information with limited supervision
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.
Company
Principal Financial Group
Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Dan Houston
President and CEO
Liliana (Lil) Waters, CPA, FLMI
CFO – US Distribution
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