Director, Middle Office Accounting Operations - Asset Management

Principal Financial Group • Chicago, IL • 4h ago

What You'll Do

Principal Financial Group is seeking a Director, Middle Office Accounting Operations - Asset Management! The Director will lead the day-to-day operations of one or more investment operations functions within Principal Asset Management. Partner with leadership to develop, implement, and manage strategies, policies, and procedures that drive operational excellence, support growth, and ensure compliance.

Key Responsibilities:

Provide leadership and direction for assigned investment operations areas, ensuring alignment with business objectives.

Oversee execution of strategies, policies, and plans, setting clear expectations and measurable outcomes.

Monitor performance, adjust priorities as needed, and hold teams accountable for results.

Partner with stakeholders to develop proactive, globally aligned plans that consider cultural and geographic differences.

Collaborate across the organization and with external partners to enhance processes, resolve complex issues, and share best practices.

Lead, coach, and develop staff, fostering a culture of ownership, teamwork, and continuous improvement.

Make sound, timely business decisions with consideration for global and ethical implications.

Promote a risk-aware culture through proactive problem-solving and root cause analysis.

Skills that help you stand out:

Proven leadership experience in investment operations or a related financial services function.

Strong strategic planning, process improvement, and stakeholder engagement skills.

Ability to lead through change, motivate teams, and deliver measurable results.

Who You Are

Bachelor's degree required; MBA preferred.

10+ years of investment or mutual fund operations (or related field) experience, including 5+ years in leadership.

Deep knowledge of investment products, securities processing, and related technology.

Strong understanding of investment markets, securities, and performance measurement techniques.

Proven leadership skills with the ability to build, lead, and motivate high-performing teams.

Exceptional communication, relationship-building, and influence skills.

Strong analytical, decision-making, and project management capabilities.

Ability to anticipate needs, design solutions, and execute operational plans.

Skilled in prioritizing work, managing time effectively, and fostering a culture of accountability and continuous improvement.

Successful completion of a criminal background check required.

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)

$137000 - $185000 / 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

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek) in our Des Moines, Iowa corporate office. We will consider relocation as part of the offer. We will consider candidtes within driving distance who are able to come in office multiple times a week.

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 (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/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 (https://www.principal.com/about-us/careers) 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.

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

8/26/2025

Most Recently Posted Date

8/26/2025

LinkedIn Hashtag

LI-MT1

Go to Apply

Business Banking Relationship Mgr (Small Business) - Greater Chicago Area

Bank of America • Elmhurst, IL • 5h ago

Finance, Accounting & Banking

5h ago

Go to Apply

Senior Product Associate - Global Banking Platform Initiative Team

JPMorgan Chase • Chicago, IL • 5h ago

Finance, Accounting & Banking

Unleash your expertise in product development and optimization by leveraging user research, analyzing metrics, and collaborating across one of the world's most innovative financial organizations. As a Senior Product Asso...

5h ago

Go to Apply

Business Banking Relationship Mgr (Small Business) - Greater Chicago Area

Bank of America • Orland Park, IL • 5h ago

Finance, Accounting & Banking

5h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.