Associate, Investment Operations

What You'll Do We’re looking for an Associate, Investment Operations to join our team. In this role, you’ll independently perform procedures, analysis and report preparation to support the lifecycle of investments in a global infrastructure. 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, development and implementation of new initiatives, process reviews and/or system enhancements. Independently execute transactions and resolve problems with minimal guidance. 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 associated with client data, trade breaks, reconciliation breaks, and/or compliance breaches. Prepare reports and maintain controls in alignment with internal policies and clients' needs. Interface with internal and external personnel including senior operations staff, legal, relationship management, IT, banks, brokers, custodians, portfolio managers, traders, regulatory agencies and/or industry contracts to educate, provide direction, obtain information and resolve problems. Provide initial and on-going training to Operations Associates and Operations Specialists. Serve as first point of contact for inquiries. Demonstrate expertise in the areas of technical functions, research of issues, problem solving, independent decision making and effective communication. Perform other job related duties or special projects as required. Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years! Principal Asset Management offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at www.principalam.com! Who You Are Bachelor's degree, or equivalent, in accounting, finance, economics or business required. Knowledge of financial services and investment related terminology required. Solid analytical, problem solving, interpersonal, time management, planning, decision making, and communication skills required. Must be detailed oriented. Success in this position requires a strong client service orientation, the ability to work under pressure in a deadline driven, team-based environment and the ability to produce accurate and timely information with minimal supervision. Must be able to handle multiple, increasingly complex, tasks, prioritize effectively and be flexible as business needs change. Must have the ability to take initiative, be a self-starter and work independently. Skills That Will Help You Stand Out 2+ years' work experience in investment/mutual fund operations or related field preferred. 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 (Non-Exempt expressed as hourly; Exempt expressed as yearly) $73150 - $99750 / year Salary Details Location This role will be based out of our Des Moines, IA office with a hybrid work arrangement. 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 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. 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. 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 No 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 6/22/2026 Most Recently Posted Date 6/22/2026 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 make 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.

Bachelor's degree, or equivalent, in accounting, finance, economics or business required. Knowledge of financial services and investment related terminology required. Solid analytical, problem solving, interpersonal, time management, planning, decision making, and communication skills required. Must be detailed oriented. Success in this position requires a strong client service orientation, the ability to work under pressure in a deadline driven, team-based environment and the ability to produce accurate and timely information with minimal supervision. Must be able to handle multiple, increasingly complex, tasks, prioritize effectively and be flexible as business needs change. Must have the ability to take initiative, be a self-starter and work independently. Skills That Will Help You Stand Out 2+ years' work experience in investment/mutual fund operations or related field preferred.

We’re looking for an Associate, Investment Operations to join our team. In this role, you’ll independently perform procedures, analysis and report preparation to support the lifecycle of investments in a global infrastructure. 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, development and implementation of new initiatives, process reviews and/or system enhancements. Independently execute transactions and resolve problems with minimal guidance. 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 associated with client data, trade breaks, reconciliation breaks, and/or compliance breaches. Prepare reports and maintain controls in alignment with internal policies and clients' needs. Interface with internal and external personnel including senior operations staff, legal, relationship management, IT, banks, brokers, custodians, portfolio managers, traders, regulatory agencies and/or industry contracts to educate, provide direction, obtain information and resolve problems. Provide initial and on-going training to Operations Associates and Operations Specialists. Serve as first point of contact for inquiries. Demonstrate expertise in the areas of technical functions, research of issues, problem solving, independent decision making and effective communication. Perform other job related duties or special projects as required. Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years! Principal Asset Management offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at www.principalam.com!