Product Manager 1

What You'll Do

We’re looking for a Product Manager to join our Global Investment Management Team in Principal Asset Management! In this role, you’ll serve to support technology solutions for a wide range of asset classes and investment teams.

 

You will lead complex or highly sensitive products, typically applied across multiple lines of business. The ideal candidate will have a keen understanding of the asset management industry, product development lifecycle, and top-tier interpersonal skills to drive the product vision and execution.

Key Responsibilities

• Define and communicate the product vision, strategy, and roadmap for medium to high complexity products based on business goals
• Accountable for understanding and defining key business outcomes and requirements for your product(s)
• Manage product backlog and prioritize product improvements
• Collaborate with engineering, architecture, delivery, and other business partners to deliver business value to our stakeholders
• Demonstrate an in-depth knowledge of our business processes and a comprehensive understanding of technology’s role in solving business problems within the product team
• Use metrics and analytics that drive decisions to ensure product development aligns with business objectives
• Communicate product updates, timelines, and risks to internal stakeholders and senior leadership
• Monitor product health and find opportunities for product innovation and improvement

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.

 

As Principal continues to modernize its systems, this role will offer you an exciting opportunity to build solutions that will directly impact our long-term strategy and tech stack, all while ensuring that our products are robust, scalable, and secure!

Who You Are

• 2 years of business, technology, or product management experience; or equivalent demonstrated through the following: work experience, training, military experience, or education.
• Familiarity with modern product methodologies (ex: Agile) and product management tools (ex: JIRA, Confluence)
• Strong critical thinking skills to resolve complex challenges while balancing opposing priorities and strategic business objectives
• Proven track record of completing multiple projects and initiatives at the same time
• Must be team-oriented with the ability to efficiently to meet deadlines and successfully establish relationships across business units
• Outstanding written and verbal communication skills, with the ability to influence, negotiate, and clearly articulate product strategy across multiple levels of both technical and non-technical stakeholders

Skills That Will Help You Stand Out

• Knowledge of the asset management industry including institutional sales, service models, and the unique needs of institutional clients is strongly preferred.
• Experience with Portfolio Management systems such as Bloomberg or Charles River

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)

$86500 - $116900 / 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

Hours

This role may involve a mix of early mornings and occasional late hours, providing flexibility and a dynamic work schedule

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical work week) from Des Moines, IA.

Job Level

We’ll consider talent at the next level with the right experiences and skills.

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

1/10/2025
Most Recently Posted Date

1/10/2025

Salary : $86,500 - $116,900