Job Description

What You'll Do:

Principal is hiring for a meticulous and tech savvy Governance, Senior Associate that is knowledgeable in Employee Benefits, Trust and Custody services, and ERISA to strengthen our compliance and policy governance structure. The perfect fit will excel in regulatory requirements, contract administration, Excel, and data analysis, collaborating seamlessly across legal, compliance, and business operations.

 

Key Responsibilities

• Ensure flawless governance and compliance of policy/account administration processes, aligning with contract documents, Terms & Conditions, and applicable government regulations.
• Act as a liaison with Legal and Compliance teams to efficiently support timely and budget-friendly operational oversight.
• Conduct assessments of operational processes to identify compliance risks and recommend actionable improvements.
• Develop and successfully implement controls to mitigate moderate compliance and operational risks; monitor efficiency and suggest improvements.
• Track key risk indicators (KRIs), conduct trend analysis, and prepare insightful, audience-specific compliance reports.
• Act as the company's representative in audits, internal/external inspections, market conduct evaluations, and government investigations.
• Collaborate with Legal Counsel, Compliance, auditors, and vendors to support audit and examination responses.
• Draft, review, and update operational policies, procedures, and guidelines to meet regulatory and internal standards.
• Support business process improvement efforts, collaborating across functions to boost efficiency and decrease redundancies.
• Communicate updates to relevant collaborators and offer mentorship to junior staff as needed.

Who You Are:

Who you are

• Bachelor’s degree or equivalent experience in Business, Finance, Law, or a related field.
• 4+ years of pertinent experience in Employee Benefits, Trust & Custody, with direct exposure to ERISA compliance.
• Demonstrated knowledge and experience with state and federal regulations, contract provisions, and compliance practices.
• Proficiency in Microsoft Office, with advanced skills in Excel (pivot tables, formulas, data analysis).
• Strong analytical and problem-solving skills with outstanding attention to detail.
• Ability to communicate effectively with business partners, management, and cross-functional teams.
• Experience with compliance monitoring, policy development, and risk analysis.

Preferred:

• Experience with Trust 3000 or similar trust accounting systems.
• Previous participation in regulatory examinations, internal audits, or market conduct reviews.
• Strong technical writing and presentation skills.
• Strong flexibility and capacity to handle intricate and unclear information.

Who You Are

• A proactive and independent problem solver who excels in fast-paced, regulated environments.
• A strong ethical foundation and excellent collaborator who excels at making sound decisions.
• A diligent analyst with a passion for compliance, governance, and process improvement.

Apply today and become a key contributor to ensuring our organization's compliance integrity and operational excellence!

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: $67500 - $121200 / 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 Additional Information:

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. Date First Posted (TTF): 9/16/2025 Latest Post Date: Careers - US: 9/18/2025

LinkedIn Remote Hashtag

: #LI-Remote

Job Tags

Permanent employment, Full time, Contract work, Temporary work, Work experience placement, Work at office, Remote work, H1b, Flexible hours,

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