Sr Trust Analyst – Principal Trust Company

What You'll Do

As a Sr. Trust Analyst, you'll perform complex trust services administrative functions including cash and trade processing, account maintenance, and statement balancing. You'll also address inquiries from internal partners stakeholders, account representatives, and plan administrators about Principal Trust Company’s qualified trust business.

Here are a few examples of the kinds of things you'll do within the role:

• Ensure tasks are executed in compliance with internal policies as well as State and Federal laws and regulation. Recognize and represent internal and external customer needs to ensure projects are completed in a timely and accurate manner.
• Act as main point of contact for counterparts throughout Principal for plans holding employer securities and alternative investments. Own the plan relationship from the qualified trust side of the business and ensure appropriate handling of all daily activities.
• Perform various, complex analytical functions including, but not limited to, analyzing and responding to corporate actions and proxy (legal and relationship) inquiries, preparing schedule 13G filings, reviewing and reconciling cash balances, preparing trades for execution, opening/closing accounts, and statement questions of Principal Trust Company’s qualified accounts.
• Act as a subject matter expert for key functions of the team and be the primary resource for team related questions for those outside the team.
• Act as the lead on projects impacting team functions. Ensure members of the team participate to the extent necessary and drive the project so that all targets are achieved timely. Research, define, analyze, develop and implement solutions relating to systems, marketing, product, and service development for business needs with minimal direction.

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

• Requires a bachelor's degree or equivalent, plus 4 years trust administration or recordkeeping experience and knowledge of qualified plans.
• Excellent oral and written communication, organizational, problem solving, prioritization, mathematical, interpersonal and time management skills necessary.
• Requires basic computer skills and the ability to obtain the knowledge of business unit software.
• Requires basic to mid level knowledge of Excel.
• Requires a high degree of accuracy with strong attention to detail.
• Must be able to work independently in a fast paced, team-based environment with all levels of management.
• Excellent customer service skills required.

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)

$51000 - $98400 / 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 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, Charlotte, NC. Minneapolis, MN or Wilmington, DE). 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

7/10/2024
Most Recently Posted Date

7/15/2024

LinkedIn Remote Hashtag

#LI-Remote

Salary : $51,000 - $98,400