Investment Operations Analyst (Asset Management)
Principal Financial Group is a mission-focused organization that develops financial solutions to support customers in living better lives. The Investment Operations Analyst will perform analysis and reporting to support investment lifecycle, handle transactions, and collaborate with various stakeholders to ensure compliance and effective operations.
Responsibilities
- Perform standard and moderately complex recurring procedures, analysis, and report preparation to support the lifecycle of investments in a global infrastructure
- Identify and resolve problems following established guidelines; raise complex problems or issues to senior team members
- Conduct special analyses and/or studies
- You’ll be responsible for account reconciliation, reporting, transaction management, portfolio analysis, and reporting, compliance, data, and/or trade support activities
- Support global investment initiatives through participation in projects, process reviews, and/or system improvements
- Under general direction, independently handle regular and moderately advanced transactions and resolve problems
- Establish new securities, compliance rules, new accounts, and/or new reports to ensure readiness for trading, reconciliation, settlement, and/or the client reporting process
- Identify and resolve issues related to client data, trade breaks, reconciliation breaks, and/or compliance breaches
- Prepare reports and maintain controls in alignment with internal policies and clients' needs
- Collaborate with internal and external personnel including senior operations staff, legal, relationship management, IT, banks, brokers, custodians, portfolio managers, and/or traders to acquire information and resolve problems
- Improve awareness of Principal Global Investors' products, team procedures, and clients' needs through proactive research, attendance in available training programs, and active participation in ongoing investment activities
- Perform other job-related duties or special projects as required
Skills
- A Bachelor's degree or equivalent experience in accounting, finance, economics, or business is required
- Good analytical, problem-solving, interpersonal, time management, and communication skills required
- Must pay close attention to details
- Success in this position requires a client service focus, the ability to work under pressure in a fast-paced, collaborative environment, and the ability to produce accurate and timely information with limited supervision
- Must be able to balance multiple tasks, prioritize effectively, and be flexible as business needs change
- This position requires passing a criminal background check
- Candidates with 0-2 years of background in investment or mutual fund operations or a related area are preferred
- Familiarity with financial services and investment-related terminology is preferred
- Proficiency in investment software and tools
- Experience with portfolio management systems
- Advanced Excel skills, including macros and VBA
Benefits
- 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.
- Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.
- This role offers a hybrid (blending at least three office days in a typical workweek) work arrangement.
Company Overview