Director of Compliance
4 weeks ago
We are seeking a highly experienced Director of Compliance to lead our asset management core compliance team. The ideal candidate will have extensive knowledge of regulatory requirements for SEC-registered investment advisers and have deep experience implementing compliance and testing programs, as well as familiarity with private funds, private assets, wrap accounts, and real estate.
Key Responsibilities- Lead and mentor a remote team of talented compliance professionals covering core aspects of a registered investment adviser-focused compliance program.
- Provide mentorship on regulatory filings (US and international), such as Form ADV, Form PF, Section 16, Schedule 13G/D, 13H, etc.
- Ensure connectivity between compliance-risk assessment, policies and procedures, testing, controls, issue management, reporting, and training.
- Collaborate on the development of policies and procedures, risk matrix, balanced investing compliance, testing program implementation, and report.
- Liaise with various business areas (e.g., accounting, finance, investment teams, RFP, client services, privacy, risk, internal audit, and enterprise colleagues) and provide guidance on compliance policies and consulting on various US and international regulations affecting the business.
- Assist in Enterprise-driven initiatives and projects.
- Bachelor degree or equivalent experience, and 7+ years' meaningful work experience in asset management compliance, legal or regulatory field required.
- Strong understanding of compliance program framework, policy and procedure development and implementation, compliance-risk assessment, testing methodologies, and issue management.
- In-depth knowledge of SEC, FINRA, and other relevant regulatory requirements.
- Excellent communication and interpersonal skills, capable of interacting optimally with colleagues, team members, senior management, and regulators.
- 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.
- 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.
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, or Charlotte, NC).
At Principal Financial Group, we take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all.
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