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Principal Financial Group · 1 day ago

Compliance Advisor (ERISA)

Des Moines, IA

Full-time

Onsite

Mid, Senior Level

$104K/yr - $150K/yr

6+ years exp

Principal Financial Group is a world-class leader in the Finance/Insurance industry, and they are seeking a Compliance Advisor to provide compliance support and oversight to their qualified retirement plan business. The role involves ensuring adherence to regulatory standards, providing technical guidance on compliance matters, and collaborating with business partners to address complex compliance issues.

Financial ServicesInsurance

No H1B

Responsibilities

Identify, research, interpret, and manage new laws, regulations, and other government guidance that impact our Retirement business, and provide analysis to our business partners to help them understand the impact and any necessary changes to their operations

Provide technical guidance and serve as subject matter expert regarding Department of Labor (DOL) regulations, the Employee Retirement Income Security Act (ERISA) of 1974, Internal Revenue Code regulations, state insurance laws, and other requirements, governing workplace retirement benefits

Collaborate with business partners/leaders to provide consultative compliance expertise regarding complex business situations, processes, and general questions received

Participate from a compliance perspective in strategic projects and initiatives

Develop, implement, evaluate, and maintain compliance oversight policies, procedures, and documentation to identify any gaps or deficiencies in the compliance program or business unit activities, and work with compliance and business leaders to resolve them

Perform compliance risk mitigation, assessment, testing, and advertising review

Educate administrative and operational employees on compliance topics

Qualification

ERISA expertiseFinancial services complianceRegulatory analysisMicrosoft Office proficiencyAnalytical skillsCommunication skillsOrganizational skillsRelationship buildingProject management

Required

Bachelor's degree or equivalent experience

6+ years of relevant financial services compliance experience

Familiarity with financial service products and markets, and deep subject matter expertise in the laws and regulations that govern the qualified employer sponsored retirement plan space, especially ERISA, as well as plan and contract provisions

Knowledgeable about applicable compliance and legal issues, various company products and services, and department operations

Proficiency working with Microsoft Office suite, including SharePoint and Teams

Strong written and verbal communication skills

Excellent organizational and attention to detail skills

Advanced analytical, decision making, and problem-solving skills

Strong consulting and relationship building skills

Ability to manage expectations and handle multiple projects

Ability to work both independently and within a collaborative team environment

Preferred

8+ years of financial services compliance

Knowledge and experience working with fiduciary topics and related issues, multiple employer arrangements, pension risk transfer, and/or employee stock ownership plans/employer securities

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

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