What are the responsibilities and job description for the Director, Investment Risk Management position at Principal Financial Group?
What You'll Do:
What You’ll Do:
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: $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:
Work Authorization/Sponsorship
Investment Code of Ethics
Experience Principal
Principal is an Equal Opportunity Employer
Join a dynamic team at the forefront of global investment risk management. As an Investment Risk Manager, you’ll play a key role in shaping and executing our second-line risk program—supporting business goals, regulatory requirements, and driving a strong risk-aware culture across the organization.
What You’ll Do:
- Lead the development and execution of best-in-class risk practices across one or more asset classes (preferably equity and/or fixed income).
- Provide independent, objective assessments of portfolio risks to guide informed, risk-based decisions in partnership with investment teams.
- Monitor, analyze, and report on daily investment risks using tools like exposure analysis, VaR, scenario analysis, and stress testing.
- Collaborate on strategic initiatives involving data processing, risk modeling, and quantitative analysis.
- Act as a trusted advisor to investment teams—translating complex risk data into actionable insights and presenting key findings to senior leaders.
- Design and enhance risk dashboards and analytics across portfolios, asset classes, and firm-wide.
- Stay ahead of industry trends in risk modeling and analytics, continuously recommending improvements.
- Promote a culture of risk awareness through training and ongoing engagement with business partners.
What We’re Looking For:
- Strong expertise in investment risk management, ideally within equity and/or fixed income.
- Deep analytical and technical skills, with experience in risk modeling and tools.
- Exceptional communication skills with the ability to influence and educate across teams.
- Proven track record of leading strategic projects and driving risk-based decision making.
- Bachelor's degree required; advanced degree (Finance, Econometrics, or Statistics), CFA or FRM strongly preferred.
- 10 years of relevant experience in investment or risk management, ideally within asset management.
- Deep knowledge of risk management practices with hands-on experience using tools like Barra, Aladdin, Bloomberg, or Axioma.
- Strong expertise in equity and/or fixed income risk, with a solid grasp of market, credit, and liquidity risks, stress testing, VaR, and scenario analysis.
- Proven ability to communicate complex ideas clearly and influence stakeholders at all levels.
- Strong analytical thinking, attention to detail, and problem-solving skills; able to lead, collaborate, and work independently in a fast-paced environment.
- Proficient in Microsoft Office and skilled in programming languages such as Python, R, or MATLAB; experience with machine learning is a plus.
- Comfortable presenting to senior leadership, boards, and committees.
- Willingness to travel occasionally and comply with SEC and background check requirements.
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: $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:
Work Environments
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). 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. Date First Posted (TTF): 4/15/2025 Latest Post Date: Careers - US: 4/15/2025Salary : $153,000 - $207,000
