Global Asset Management Compensation Leader

Principal Financial Group; Des Moines (IA); Hybrid; USD 179,000 - 243,000; Full time

Job summary

Principal Financial Group is seeking a Head of Global Asset Management Compensation to lead the strategy, design, governance, and implementation of compensation programs for Asset Management globally from Des Moines, IA.

You will advise senior leaders, build a high-performing team, and manage base pay, incentives, equity, and deferred compensation while ensuring compliance and alignment with business priorities.

Qualifications

• Progressively responsible Total Rewards experience in asset management favored.
• Ability to advise executives and governing committees on complex compensation decisions.
• Strong business and financial acumen with investment and distribution economics.

Responsibilities

• Lead design, governance, and implementation of global compensation programs for Asset Management.
• Direct base pay, incentives, equity, deferred cash, and related compensation elements.
• Provide senior advisory support to executives on compensation decisions and market strategy.
• Establish governance, controls, and documentation across compensation portfolios.
• Oversee annual reviews, budgeting, and communications for compensation programs.
• Develop a high-performing team and scalable tools for consistency and speed.

Skills

Executive advisory

Leadership

Incentive design

Investment compensation

Distribution compensation

Market pricing

Job evaluation

Governance

Communication

Project management

Education

Bachelor's degree

Advanced degree

CCP designation preferred

Job description

Principal Financial Group is seeking a Head of Global Asset Management Compensation to lead the strategy, design, governance, and implementation of compensation programs for Asset Management globally from Des Moines, IA.

You will advise senior leaders, build a high-performing team, and manage base pay, incentives, equity, and deferred compensation while ensuring compliance and alignment with business priorities.