We’re looking for a Sr. Business Operations Analyst to join our Principal Custody Solutions team. In this role, you’ll…

• represent Principal Custody Solutions in industry forums and stakeholder groups, evaluate emerging industry and regulatory developments, provide business impact analysis and recommendations, and develop materials to support stakeholder engagement and ongoing communications,
• lead analysis and business readiness efforts for strategic industry initiatives, including DTCC modernization efforts, 23x5 trading, tokenization, and digital assets, and provide recommendations to support organizational decision-making and implementation,
• act as a liaison between business partners and technical areas to implement business, marketing and technical infrastructure solutions to meet immediate and strategic needs,
• participate in and contribute to strategic discussions and recommend efficient solutions, and
• lead large business unit, cross business unit including analysis, business/functional requirements and testing.

• College degree or 4+ years of work experience
• 6+ years of related experience (e.g., financial securities work experience in trust & custody operations)
• Experience leading large scale projects across workgroups
• Ability to work effectively in a matrix environment
• Must possess excellent leadership, strong analytical, problem-solving, and big-picture/conceptual skills
• Must have the ability to work with people at all levels and influence others without formal authority
• Demonstrated ability to operate effectively in evolving and ambiguous environments, partnering with internal stakeholders and industry peers to shape approaches and establish frameworks for responding to emerging trends.
• Must be able to build and maintain relationships and facilitate collaboration and communication
• Demonstrate the ability to embrace and understand the change process and effectively guides others through change
• Strong technical, financial services product and business processes acuity
• Experience with industry tools and products such as SEI T3000, DTCC PBS, BNYM Nexen, SWIFT, Alternative Assets and Canoe a plus

The following salary ranges reflect market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. 

• Sr. Business Operations Analyst: $103,000 - $121,000 / year
• Business Operations Strategist: $127,000 - $149,000 / year

Location & Work Environments

This role will be based out of our Minneapolis office. The role offers a hybrid work arrangement (at least 3 office days in a typical workweek).

Job Level(s)

Willing to consider at the next level depending on qualifications, experience, and skillset. 

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

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.

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.