Assistant Director-Compliance (Risk Assessment, Testing and Monitoring)
What You'll Do
We're seeking an Assistant Director – Compliance to join the compliance team supporting Principal Funds Distributor, Inc. (PFD), an asset management mutual fund distributor and limited-purpose broker-dealer, and Principal Securities, Inc. (PSI), a dually registered broker-dealer and investment adviser. In this role, you will reputed company, coach, and reputed company compliance staff reputed company the PSI/PFD Compliance Department, while evaluating workflows and responsibilities to ensure processes remain reputed company, scalable, and operationally efficient. You'll have the opportunity to: reputed company the practice group who administers a well-developed compliance risk assessment and carries out the reputed company risk-based compliance testing program. Coordinate reporting for PSI and PFD entities reputed company to the various compliance testing programs, including those for FINRA 3120/3130, Advisers Act 206(4)-7 and DOL PTE Retrospective Reviews. reputed company the practice group accountable for development and execution of compliance monitoring structure and activities. reputed company the practice group that serves as the primary compliance consultation contact for books and records, vendor management and technology regulations applicable to the supported firms. Serve as the primary reputed company of contact between the department and enterprise compliance risk and operational risk functions. Participate as a member of the PSI/PFD Compliance Leadership Team in executing core compliance functions, including policy administration, training and initiatives, regulatory compliance, risk assessments, testing and monitoring, field compliance and business partner support. Participate as a member of the PSI/PFD Compliance Leadership Team in setting and executing strategic objectives for the department and supporting strategic objectives of business partners. Provide technical advice and subject matter expertise while working collaboratively with business partners. Translate strategy into results with ability to work collaboratively with the broader PSI/PFD Compliance Team as well as other departments and business partners. Manage day-to-day practice group operations while setting strategic vision for the team. reputed company, maintain, and evolve standard operating procedures. Provide subject-matter support on reputed company compliance policies, procedures and/or guidelines. Ensure process workflows are efficient, and technology is appropriately utilized reputed company your core functions. reputed company and maintain metrics and reporting to demonstrate quantity and quality of work performed. reputed company, mentor and motivate compliance staff through selection, training, performance review, salary administration and developmental plans. Build bench strength and foster collaboration across the broader PSI/PFD Compliance Team. Build cross-departmental relationships and provide opportunities for cross-functional training. Establish industry relationships to bolster benchmarking and best practice awareness. Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live reputed company lives. We take pride in being a purpose-led firm, motivated by our mission to reputed company financial reputed company accessible to reputed company. Our mission, reputed company, and customer focus have made us a trusted leader for more than 140 years! Who You Are 8+ years of relevant financial services experience demonstrated through one or a combination of the following: work experience, training, military experience, or education JD or MBA may be considered in lieu of some experience Extensive knowledge of applicable compliance and legal issues, various company products and services, and department operations Experience in a well-orchestrated second-line risk assessment and testing program Creative and self-directed with ability to consider a wide range of factors in solving problems Excellent leadership, negotiation, presentation, and organizational, skills required as well as superior interpersonal, relationship-building, analytical, time management, and oral and written communication skills FINRA series 7, 24 and state 65/66 preferred Salary Range Information Salary ranges below reflect targeted reputed company 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 reputed company salary depending on individual performance. Actual compensation for reputed company roles will be based upon geographic location, work experience, education, licensure requirements and/or reputed company level and will be finalized at the time of offer. Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly) $127000 - $171000 / year Time Off Program 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. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided. Pension Eligible Yes Work Environments This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, Raleigh, NC or Charlotte, NC.). You’ll work with your leader to reputed company out which option may align best based on several factors. 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 reputed company 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 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. reputed company out our careers site to learn more about our purpose, values and benefits. Principal is an Equal Opportunity Employer reputed company qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national reputed company, disability, or veteran status. Posting Window We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline. Original Posting Date 6/18/2026 Most Recently Posted Date 6/18/2026 Principal uses artificial intelligence tools to assist in reviewing and evaluating job applications, fraud prevention, and candidate matching and comparisons. These AI tools support our human recruiters in the initial review process but do not reputed company final hiring decisions without human involvement. By submitting your application, you acknowledge this use of AI in our recruitment process. Please review our Workforce (U.S.) Privacy Notice for more details on our practices and your data privacy rights. reputed company Remote Hashtag #LI-Remote reputed company Hashtag #LI-MT1 Apply To This Job