Compliance Analyst - Broker Dealer Product Support

This role supports compliance functions of the Principal Securities and Principal Funds Distributor broker dealers by independently conducting regulatory research, interpreting developments, and identifying risk exposures related to broker dealer obligations in the domestic Principal product and services and their distribution. The role is part of a compliance practice group broadly supporting broker-dealer compliance for the retirement, insurance and asset management offerings of Principal.  Responsibilities include assisting in the design and drafting of policies and procedures, participating in testing and examinations, preparing reports and filings, recommending corrective actions, mentoring colleagues, and contributing to process enhancements. The role engages broadly across internal teams, supports implementation of compliance initiatives, and begins to operate with increased independence.

• Data Analysis – Gather and organize information from multiple sources (e.g., compliance reports, audit results, incident logs, regulatory documents). Compile, aggregate, and analyze data using basic statistics; identify patterns, trends, or anomalies to support compliance decisions. Use tools like Excel (formulas, charts), introductory SQL, and visualization platforms (e.g., Tableau, Power BI) to structure and present data. Ensure accuracy and completeness of data; correct errors, double-check entries, and summarize findings for reporting and decision-making.
• Regulatory Research – Conduct research on laws, regulations, and industry standards (e.g., AML, KYC, GDPR, HIPAA, market conduct) to support compliance initiatives. Stay informed on regulatory developments by using legal databases, publications, and other reliable sources. Interpret legal language and compile findings into clear, actionable reports that highlight potential business impacts. Support regulatory examinations and documentation by reviewing sources and maintaining thorough records. Assist with tracking and reporting on regulatory changes that may affect business operations.
• Risk Management – Monitor business activities and review materials (e.g., training, policies) to identify compliance risks and exposures. Assist with compliance testing, compliance monitoring and examinations; facilitate documentation requests and analyze findings. Support identification of corrective actions based on internal policies and external regulations. Apply risk management principles under supervision; escalate issues and begin assessing regulatory impacts on risk profiles. Review and approve deliverables using a risk-based approach to decision-making to support business goals while ensuring compliance with regulatory requirements and company policies.
• Communications & Reporting – Write clear, concise compliance reports, filings, policies, training materials and procedures. Present findings and recommendations to various audiences; participate in meetings and training sessions. Maintain accurate records of compliance activities; update documentation and escalate issues when needed. Handle correspondence with auditors and regulators; explain requirements and findings in accessible language.
• Process Improvement – Assist in drafting and implementing compliance policies, procedures, and controls. Document current workflows; identify inefficiencies, bottlenecks, or error points.Propose and communicate practical improvements; gather metrics and feedback to support changes.Participate in improvement initiatives by collaborating with team members and applying structured problem-solving and process enhancement methodologies.

Positioned where financial services meet technology, Principal creates financial tools that assist our customers in living better lives. We are proud to be a purpose-oriented organization, guided by our mission to ensure financial security is within everyone's reach. Our mission, integrity, and customer dedication have made us a reliable leader for more than 140 years!

• 4+ years of relevant financial services experience demonstrated through one or a combination of the following: work experience, training, military experience or education.
• Previous compliance experience within financial services industry preferred.
• FINRA licensing may be required.
• Familiarity with financial service products, markets, laws and regulations (SEC/FINRA/state/federal, AML, KYC, GDPR).
• Experience in a product manufacturing/wholesale distribution broker-dealer structure preferred.
• Proficiency with Microsoft Office applications, including Excel, Word, and PowerPoint.
• Strong written and verbal communication skills, with the ability to clearly convey complex information to diverse audiences.
• Excellent organizational skills and attention to detail.
• Strong analytical, critical thinking, and problem-solving abilities.
• Proven consulting, influencing, and relationship-building skills.
• Ability to work effectively both independently and within cross-functional team environments.
• Comfortable providing guidance and consultation to stakeholders at various levels across the organization.
• Demonstrated professionalism, sound judgment, and executive presence.
• Strong time management skills with the ability to prioritize multiple projects and competing deadlines.
• Adaptable and eager to learn in a fast-paced, evolving regulatory and business environment.
• Ability to travel periodically, including occasional overnight stays.

The following locations are examples of market-specific salary ranges across different geographies. Please note, we are open to hiring Nation-wide for this role, these are simply an example of salaries in these geographic areas.

• Dubuque, IA / Wichita, KS / Grand Island, NE: $69,300 – $81,900
• Des Moines, IA / Louisville, KY / Green Bay, WI: $73,150 – $86,450
• St. Louis, MO / Pittsburgh, PA / Charlotte, NC: $77,000 – $91,000
• Denver, CO / Houston, TX / Chicago, IL / Minneapolis, MN: $84,700 – $100,100 
• Seattle, WA / Los Angeles, CA / New York City, NY: $92,400 – $109,200

Work Authorization/Sponsorship

At this time, we are not considering applicants who require any type of immigration sponsorship now or in the future. This includes work authorization such as F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, and others. For more information about work authorization, please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Ethical Guidelines

In Principal Asset Management positions, following an Investment Code of Ethics is required. This includes guidelines on personal and business conduct and personal trading for you and your household. These rules may extend to other jobs within the organization.

Experience Principal

At Principal, we emphasize connecting on both a personal and professional level. Together, we’re imagining a future in financial services that is more purpose-focused – and that starts with you. Our success stems from the unique experiences, backgrounds, and talents of our employees. And we back our employees in the same way we back our customers: with comprehensive, competitive benefit plans created to protect their physical, financial, and social well-being. Explore our careers site to find out 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.

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