Compliance Analyst - Retirement Individual Solutions

Job Locations US-IA-Des Moines
Posted Date 1 month ago(4/20/2023 10:49 AM)
Job #
Ent Seg
Bus Area
Pos Typ
Regular Full-Time

What You'll Do

As a Compliance Analyst you will be providing compliance support for Principal Advised Services, an SEC-registered investment adviser, core regulated activities. This role will primarily be focused on performing the day-to-day tasks  for the administration of the Principal Advised Services’ compliance program.  The role will also provide day-to-day support to Principal Connection, a division of Principal Bank®. Together, you will provide compliance support within Retirement Income Solutions. We are looking for a standout colleague to work join us in obtaining department goals. 


Here are a few examples of the kinds of things you'll do when you join our Compliance team:

  • Assist with oversight of investment advisor representatives providing retirement plan participant education, in-plan advice and fiduciary investment advice in compliance with Impartial Conduct Standards.
  • Perform various compliance tests and assist with 206(4)-7 annual report.
  • Perform compliance support functions for Principal Advised Services and Principal Connection.
  • Continuously review and evaluate processes to identify and mitigate key compliance and risk items.
  • Provide support for Compliance team members, including ownership of duties when key individuals are out of the office.
  • Perform ad hoc research at the direction of senior leaders.
  • Assist with regulatory organizational change.
  • Assist in the remediation of discovered compliance gaps.

This position is also a phenomenal way to advance your career. As a growing company with over 20,000 employees around the world, Principal offers a lot of ways for you to learn more, earn more and achieve more!

Who You Are

We are looking for someone with:

  • Bachelor’s degree or equivalent of 8 years’ experience.
  • 2 years+ of SEC Compliance experience and/or ERISA Compliance experience.  
  • Experience with PTE 2020-02 and/or DOL prohibited transactions experience.
  • Ability to work independently, and within a team environment
  • Excellent oral and written communication skills and organizational skills
    SharePoint, Box and/or Salesforce experience preferred
  • Understanding of complex regulatory framework in which we operate and ability to read, understand and apply regulations to our business model
  • Ability to navigate multiple technology systems

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salary Range

$51000 - $98400 / year

Additional Information

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants


Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal


While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values, benefits and why we’re an exceptional place to grow your career.


Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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