What You'll DoPrincipal is hiring for a Compliance Advisor to provide support to our Broker-Dealer and build relationships that will strengthen our program and foster collaboration! The position acts as a 2nd line of defense within our compliance program and supports the risk owners.
The position will serve as a compliance partner and business liaison and act as a subject matter expert with a focus on broker-dealer trading operations, surveillance, and supervision as well as for other business areas. This position will also provide advice and support on select business development initiatives and projects.
You will also:
- Monitor regulatory changes and provide comprehensive research, analysis, and guidance on laws, regulations, and other complex compliance matters.
- Evaluate compliance and business situations and clearly communicate guidance and decisions to business partners and management.
- Participate on highly visible special projects critical to business unit and corporate growth initiatives and assist in crafting firm policy, standard operating procedures (SOP), and controls
- Leverage data to provide in-depth analysis and reporting to help guide decision-making processes.
- Assist in preparing for and responding to regulatory exams and other inquiries.
- Contribute to organizational learning by mentoring and coaching less experienced compliance professionals.
- Partner with the business to help design creative solutions for complex customer needs and business processes.
- Build and sustain strong relationships with colleagues throughout the enterprise.
- Perform other job-related duties or special projects as needed.
Who You Are
- Bachelor’s degree, or equivalent; 6+ years’ experience resulting in expertise in broker-dealer trading operations, compliance and the related governing laws and regulations.
- FINRA Series 7, and 24 licenses are highly desired. If not fully licensed must be able to obtain within 6 months of start.
- Excellent written and oral communication skills.
- Advanced analytical, problem solving, and organizational abilities.
- High level of creativity and resourcefulness.
- Demonstrated application of robust data analysis and reporting capabilities, and risk management frameworks and concepts.
- Experience in assessing and implementing process improvements.
- Mentoring and coaching experience.
- Ability to interact with regulatory bodies.
Salary Range InformationSalary 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$104400 - $187200 / year
Salary Details
The following locations are examples of market-specific salary ranges across different geographies.
- Wichita, KS: $104,400 - $140,400 / year
- Des Moines, IA: $110,200 - $148,200 / year
- Charlotte, NC: $116,000 - $156,000 / year
- Chicago/Minneapolis: $127,600 - $171,600 / year
- Los Angeles/New York City: $139,200 - $187,200 / year
Time Off ProgramFlexible 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.
Pension EligibleYes
Additional Information
Work Authorization/Sponsorship
At this time, we are not considering applicants who require any form of immigration sponsorship to work in the United States now or in the future. This includes F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, and similar visas. For more information on work authorization requirements, please use the following links:
Nonimmigrant Workers and Green Card for Employment-Based Immigrants
Investment Ethics Code
In Principal Asset Management positions, you are required to observe an Investment Code of Ethics regarding conduct and personal trading for yourself and those living with you. Other positions within the organization may have similar obligations.
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