What You'll Do
As an Assistant Director-Consulting you will develop, draft and maintain Principal Trust Company document solutions that meet internal and external client needs. Maintain and support suite of client agreements and forms, including various service agreements, trust agreements and custody agreements. Provide high level consultation on agreement provisions, in partnership with trust legal counsel, compliance and RIS business partners. Negotiate agreements with clients' counsel, drafting and revising agreements as necessary.
You will also:
Serve as a resource in identifying, interpreting, and communicating complex legislative, regulatory, and compliance issues that affect trust, custody, and retirement documents.
Provide analysis and guidance of trust, custody, and retirement document interpretation issues and trust, custody and retirement document design questions.
Responsible for overall governance and creation of agreements and document customizations for all trust company clients.
From time to time, may participate in presentations to various committees, including Principal Trust Company Board.
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!
Who You Are
Bachelor's degree or equivalent required, plus 10+ years' experience in retirement, ERISA or employee benefits related field
Banking, attorney, accounting, or consulting firm experience valued
Superior technical expertise and industry knowledge and trends
Demonstrated experience in consulting, negotiation, presentation, organizational and problem-solving as well as superior interpersonal, analytical and oral written communication skills
Ability to leverage pension experience and knowledge to define and sell value added consulting services
Ability to cultivate and maintain relationships with all levels of plan sponsor management, including the executive level, advisors, and internal service team, to ensure that consulting services continue to meet or exceed client needs
Deep understanding of Principal products and services in order to effectively problem solve and identify solutions needed to meet the needs of internal and external clients
Ability to effectively deploy resources, develop project timetables and ensure projects are delivered timely to meet client needs
Assertive and entrepreneurial
Travel required up to 20% of the time
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)
$123000 - $167000 / 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, Charlotte, NC, and Raleigh, NC). You'll work with your leader to figure 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 (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
10/27/2025
Most Recently Posted Date
10/27/2025
LinkedIn Remote Hashtag
LI-Remote
LinkedIn Hashtag
LI-MT1
