Senior Trader, Equities

Senior Trader – Americas Equities

What You'll Do

• Partner closely with analysts and portfolio managers to complete appropriate trades within portfolio parameters set by portfolio managers.
• Stay abreast of general economic and financial market trends, monitor market conditions, liquidity opportunities, and pertinent news for firm’s holdings, and proactively establish an ongoing dialog with portfolio managers and the firm’s investment staff.
• Maximize exposure to favorable liquidity, minimize adverse impact from order footprint, mitigate exposure to predatory participants, and maintain anonymity in the marketplace.
• Proactively develop, foster, and maintain professional and positive relationships with industry partners, including brokers, vendors, regulators, and industry peers to facilitate innovative and productive relationships.
• Initiate and support a globally harmonized investment team structure with persistent communication and interaction with the other regional desks.
• Operate with an innovative mindset to advance workflow efficiencies, improve access to liquidity, enhance reporting capabilities, and evolve technology within the framework of the trading desk and the firm’s initiatives.

Company Overview

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing about $752 billion in assets and over 60 years of experience. Principal Asset Management has been recognized as a “Best Places to Work in Money Management” for 13 consecutive years.

Who You Are

• 7+ years experience as an Equities Trader (10+ highly preferred).
• Experience trading listed and OTC options.
• Proficiency in trading systems and platforms such as Charles River, Tradeweb, Triton, and Bloomberg.
• Proficiency in all trading channels, including high‑touch, algorithmic, block pools, and program trading.
• Solid understanding of TCA (transaction cost analysis) and its applications before and after trade execution.
• Experience executing large complex orders which may require merging, splitting, crossing orders, and leveraging multiple brokers, trading venues, and strategies.
• Working knowledge of the market dynamics of various marketplaces, including the dynamics of large/medium/small capitalization equities.

Skills That Will Help You Stand Out

• Experience trading total return swaps.
• Investment management, hedge fund, or brokerage trading experience.
• Proven ability to analyze complex trading opportunities and execute trades efficiently under market‑imposed time constraints while adhering to the best‑execution principles.
• Maintain constant awareness of developments within markets, regulations, trading technology, and other relevant issues.
• MBA and/or CFA designation.

Salary Range Information

$141,000 – $191,000 per year, plus bonus and incentive opportunities based on performance.

Time Off Program

Flexible Time Off (FTO) is provided to salaried employees, allowing paid time away from the office for vacation, personal matters, or short‑term illness. FTO is not accrued and there is no set number of days provided.

Location(s)

Des Moines, IA;
Denver, CO;
Seattle, WA;
New York City, NY; or Chicago, IL.

Work Environment

In‑office or four days in‑office and one day remote.

Work Authorization/Sponsorship

We do not consider applicants requiring immigration sponsorship (e.g., H‑1B, TN, L‑1). For more detail, please refer to appropriate resources.

Investment Code of Ethics

All Principal Asset Management positions must follow an investment code of ethics governing personal and business conduct, as well as personal trading activities for the employee and household members.

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

Applications are accepted for 3 full days following the original posting date, after which the posting may remain open or be removed based on received applications.

Original Posting Date

12/5/2025

Most Recently Posted Date

12/8/2025