Securities Ops Spec II

What You'll Do

Principal is seeking a Securities Operations Specialist II to join our Principal Custody Solutions (PCS) team. If you enjoy working in a fast-paced environment and have strong analytical, problem-solving and communication skills, this may be the position for you!

As a Securities Operations Specialist II, you will perform a variety of operational tasks for complex securities or cash related transactions or processes that require extensive knowledge of unit functions and systems.

Here are some examples of the kinds of things you'll do:

• Manage complex securities activities
• Differentiate, process, and reconcile transactions
• Research inquiries and resolve customer complaints for internal partners and/or clients and investment managers
• Review time critical and/or complex documents
• Coordinate situations involving multiple departments
• Provide department level reporting using multiple sources
• Day-to-day income and entitlements processing
• Provide training and support to team members, offer guidance, and assist with updating procedures and process improvements
• Back-up other desks and work under minimal supervision

• High School Diploma or equivalent
• 3+ years of experience in customer service, operations, financial services or business processing

• Trust and Custody experience
• Strong attention to detail and accuracy
• Good verbal, written, and interpersonal communication skills
• Effective organizational, multi-tasking skills
• Ability to work independently while exercising sound judgement
• Ability to comprehend moderate operational processes and their interrelationship
• Team player with strong interpersonal skills and adaptability
• Self-starter with ability to follow request through resolution
• Proficiency with key MS Office programs (Word, Excel, Outlook, One Note, Teams)
• Experience with industry tools such as SEI T3000, DTCC, Fed, and SWIFT is preferred

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.

$24.85 - $33.31 / hour

Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.

Yes

This posting is only available for our Minneapolis, MN office (within 30 miles).

This role offers a hybrid schedule (blending at least three office days in a typical workweek).

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.

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.

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.