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Principal Financial Group · 16 hours ago

Associate, Investment Operations

Des Moines, IA

Full-time

Hybrid

Entry Level

$68K/yr - $85K/yr

2+ years exp

Principal Financial Group is a company that operates at the intersection of financial services and technology, aiming to make financial security accessible to all. They are seeking an Associate in Investment Operations to perform procedures, analysis, and report preparation to support the investment operations lifecycle, including account administration, reconciliation, and transaction management.

Financial ServicesInsurance

No H1B

Responsibilities

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

Investment operations experienceFinancial services knowledgeInvestment reconciliation processesMicrosoft Office (Excel)Analytical skillsClient service orientationProblem solving skillsInterpersonal skillsTime management skillsCommunication skillsDetail oriented

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.

Company

Principal Financial Group

Glassdoor3.9

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.

Founded in 1879

Des Moines, Iowa, USA

10001+ employees