Securities Operations Specialist – Principal Custody Solutions

What You’ll Do

We’re looking for a

• Process and reconcile transactions to ensure timely settlement and accurate recordkeeping.
• Review daily reports to identify discrepancies and maintain service level agreement (SLA) compliance.
• Answer routine questions from clients to ensure consistent client support.
• Mitigate operational risks by ensuring compliance with regulatory requirements, policies and standard operational procedures.
• Assist in training, professional development, and assisting with procedural updates.
• Participate in special projects as required.

We’re looking for a Securities Operations Specialist to join our Custody Solutions team. In this role, you’ll…

• Process and reconcile transactions to ensure timely settlement and accurate recordkeeping.
• Review daily reports to identify discrepancies and maintain service level agreement (SLA) compliance.
• Answer routine questions from clients to ensure consistent client support.
• Mitigate operational risks by ensuring compliance with regulatory requirements, policies and standard operational procedures.
• Assist in training, professional development, and assisting with procedural updates.
• Participate in special projects as required.

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!

• High School Diploma or equivalent
• 1 year of experience in customer service, operations, financial services or business processing
• Strong attention to detail and accuracy
• Effective verbal, written and interpersonal communication skills.
• Ability to prioritize tasks and manage time efficiently.
• Adaptability and flexibility in a dynamic work environment.

• SEI Trust 3000 experience a plus

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.

$22.20 - $29.09 / hour

The following salary ranges reflect market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience.

• Securities Operations Specialist I
  
  Job Title:
  
  $22.20 - $25.91 / year
• Securities Operations Specialist II
  
  Job Title:
  
  $24.85 - $29.09 / year

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 role will be based out of our Minneapolis, MN office and offers a hybrid schedule (with at least three days in the office a week).

willing to consider at the Securities Operations Specialist II level depending on qualifications, experience, and skillset.

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.

At Principal, we value…