Director, Investment Funds and Financial Risk Management - Asset Management Join to apply for the Director, Investment Funds and Financial Risk Management - Asset Management role at Principal Financial Group Director, Investment Funds and Financial Risk Management - Asset Management 2 days ago Be among the first 25 applicants Join to apply for the Director, Investment Funds and Financial Risk Management - Asset Management role at Principal Financial Group Get AI-powered advice on this job and more exclusive features. What You'll Do

We’re looking for a Director, Investment Funds and Financial Risk Management to join our Asset Management Risk team. In this role, you’ll support the execution of the second line global investment risk management program that meets business objectives and regulatory needs. You will play a lead role in developing, implementing, and maintaining best practices for effective management of investment related risks in fixed income and equities. Provide independent and objective assessments of investment related portfolio risks to help identify areas of potential exposure, and support risk-based decision making in collaboration with the investment teams Support day-to-day risk monitoring, reporting, and analysis with reporting to Funds governing bodies Analyze and provide insights and consulting to the business on financial risks such as capital at risk, earnings volatility, seed capital at risk, trading counterparty and business FX risk Provide risk consulting and engagement on business risk including investment model governance, JV oversight, product risk and clients at risk. Work on strategic projects involving data processing and quantitative analysis (including but not limited to exposure analysis, scenario analysis, and stress testing) Promote a strong risk management culture throughout the organization through training and education initiatives with business partners and risk management staff

What You'll Do

We’re looking for a Director, Investment Funds and Financial Risk Management to join our Asset Management Risk team. In this role, you’ll support the execution of the second line global investment risk management program that meets business objectives and regulatory needs. You will play a lead role in developing, implementing, and maintaining best practices for effective management of investment related risks in fixed income and equities.

Provide independent and objective assessments of investment related portfolio risks to help identify areas of potential exposure, and support risk-based decision making in collaboration with the investment teams Support day-to-day risk monitoring, reporting, and analysis with reporting to Funds governing bodies Analyze and provide insights and consulting to the business on financial risks such as capital at risk, earnings volatility, seed capital at risk, trading counterparty and business FX risk Provide risk consulting and engagement on business risk including investment model governance, JV oversight, product risk and clients at risk. Work on strategic projects involving data processing and quantitative analysis (including but not limited to exposure analysis, scenario analysis, and stress testing) Promote a strong risk management culture throughout the organization through training and education initiatives with business partners and risk management staff

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 10+ years related work experience in the asset management industry or investment industry in risk management or portfolio management Broad knowledge of financial and investment risk management practices and in-depth experience with risk tools like Barra, Aladdin, Bloomberg, Axioma In-depth experience within a global asset management firm with asset experience, preferably in Equities and/or Fixed Income Strong technical understanding of market risk, credit risk, liquidity risk, scenario analysis, stress testing, and VaR/tracking error methodologies using tools such as MSCI Liquidity Tool & Stat Pro Confluence Derivatives experience

Skills That Will Help You Stand Out

CIT - Collective Investment Trust coverage experience CFA, FRM or advanced degree in finance, econometrics, or statistics Global experience including Europe, Asia, Middle East Proven and strong abilities and skills in the areas of written and verbal communication, presentations, attention to detail, critical thinking, analytical, problem solving, decision making, consulting, influencing, and relationship building skills Demonstrated ability to efficiently and effectively work independently and within a collaborative team environment, lead others, take initiative, resolve conflict, be flexible, and prioritize multiple tasks Proficiency with programming languages such as Python, R, MATLAB, or equivalent tools for quantitative analysis and large data set handling. Machine learning experience is a plus Must be comfortable providing consultation and direction to individuals at varying levels within the organization, boards and committees

Travel, including overnight stays, may be required periodically.

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)

$153000 - $207000 / 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

No

Additional Information

Location(s)

We’re open to considering in-office or hybrid talent. Locations for hybrid talent are New York, Chicago, and Des Moines are preferred. We’ll also consider Charlotte and Seattle. You’ll work with your leader to figure out which option may align best based on several factors. You can check out what our Global Headquarters looks like here: https://youtu.be/-hCqsfzlabk?si=qsFjvfrCaOOGY7Xn

Work Environments

This role offers the ability for in-office or hybrid (blending both office and remote work in a typical workweek) work arrangements. 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 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.

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

7/23/2025

Most Recently Posted Date

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