Assistant Director-Compliance (Retirement, Securities Product Underwriting & Securities Wholesale Distribution)

What You'll Do

We're seeking an Assistant Director – Compliance to join the compliance team supporting Principal Funds Distributor, Inc. (PFD), an asset management mutual fund distributor and limited-purpose broker-dealer, and Principal Securities, Inc. (PSI), a dually registered broker-dealer and investment adviser. In this role, you will lead, coach, and develop compliance staff within the PSI/PFD Compliance Department, while evaluating workflows and responsibilities to ensure processes remain current, scalable, and operationally efficient.

You'll have the opportunity to:

• Lead the practice group accountable for providing compliance consultation and compliance risk assessment to Principal Securities (PSI), Principal Fund Distributor (PFD) and various stakeholders in the strategic business areas of Principal, guiding development and maintenance of policies and procedures to reasonably comply with broker-dealer requirements for business areas providing securities aspects of the retirement record keeper, variable/group annuity, variable life and fund complex wholesaling, insurance variable product underwriting and distribution, securities aspects of the retirement record keeper, area compensation practices, wholesale activity licensing and registration, and the books and records in those product areas.
• Lead the practice group accountable for regulatory compliance consultation and compliance risk assessment to the retail retirement product distribution of PSI, through its broker-dealer and investment adviser offerings.
• Set strategic vision and structure for your practice group and develop the strategic governance to connect the practice group, first lines of PSI and/or PFD, and the strategic business areas of Principal facilitating securities product/service offerings and activities.
• Develop and maintain business connectivity between the various legal, compliance and risk areas providing second line support for retirement, investment company, asset management, and insurance distributions, participating in governance consultation through applicable regular and ad-hoc meetings and discussions.
• Participate as a member of the PSI/PFD Compliance Leadership Team in executing core compliance functions, including: policy administration, training and initiatives, regulatory compliance, risk assessments, testing and monitoring, field compliance and business partner support.
• Participate as a member of the PSI/PFD Compliance Leadership Team in setting and executing strategic objectives for the department and supporting strategic objectives of business partners.
• Provide technical advice and subject matter expertise while working collaboratively with business partners.
• Translate strategy into results with ability to work collaboratively with the broader PSI/PFD Compliance Team as well as other departments and business partners.
• Develop, maintain, and evolve standard operating procedures.
• Provide subject-matter support on aligned compliance policies, procedures and/or guidelines.
• Ensure process workflows are efficient, and technology is appropriately utilized within your core functions.
• Develop and maintain metrics and reporting to demonstrate quantity and quality of work performed.
• Develop, mentor and motivate compliance staff through selection, training, performance review, salary administration and developmental plans.
• Build bench strength and foster collaboration across the broader PSI/PFD Compliance Team.
• Build cross-departmental relationships and provide opportunities for cross-functional training.
• Establish industry relationships to bolster benchmarking and best practice awareness.

 

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

• JD or MBA may be considered in lieu of some experience
• Extensive knowledge of applicable compliance and legal issues, various company products and services, and department operations
• Experience in retirement record keeping and/or insurance or mutual fund company wholesale distribution broker-dealer or investment adviser
• Creative and self-directed with ability to consider a wide range of factors in solving problems
• Excellent leadership, negotiation, presentation, and organizational, skills required as well as superior interpersonal, relationship-building, analytical, time management, and oral and written communication skills
• FINRA series 7, 24 and state 65/66 preferred

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)

$127000 - $171000 / 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

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

6/18/2026

Most Recently Posted Date

6/18/2026

 

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