Securities Operations Specialist - Principal Custody Solutions

Principal Financial Group; Minnesota; Hybrid; USD 30,000 - 40,000; Full time

Benefits offered by this job

Hybrid schedule

Pension eligibility

Job summary

Principal Financial Group in Minneapolis, MN is seeking a Securities Operations Specialist I/II. This role processes and reconciles transactions, reviews daily reports, answers client questions, and supports regulatory compliance in a hybrid office setting.

You will join a team offering pension eligibility and PTO and a clear path for professional development. Experience in financial services and attention to detail are important.

Qualifications

• High School Diploma or equivalent is required.
• 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.

Responsibilities

• Process and reconcile transactions to ensure timely settlement and accurate recordkeeping.
• Review daily reports to identify discrepancies and maintain 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.

Skills

Customer service

Operations

Financial services

Attention to detail

Communication

Time management

Adaptability

Education

High School Diploma or equivalent

Tools

SEI Trust 3000 experience

Job description

What You'll Do

• 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.

Who You Are

• 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.

Skills That Will Help You Stand Out

• SEI Trust 3000 experience a plus

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)

$22.20 - $29.09 / hour

Salary Details

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


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

Time Off Program

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.

Pension Eligible

Yes

Location(s)

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).

Job Level(s)

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

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 (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/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 (https://www.principal.com/about-us/careers) 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 th