Securities Ops Specialist III - Minneapolis, MN

Principal International; Minneapolis (MN); Hybrid; USD 39,000 - 47,000; Full time

Benefits offered by this job

Hybrid work model

Pension plan

Job summary

Principal Asset Management in Minneapolis, MN, is seeking a Securities Operations Specialist III to join our Trust & Custody PCS team. You will act as the primary resource for critical production or escalation issues and provide management-level reporting on service quality, volume tracking, and staff performance.

The role requires 5+ years of customer service or asset servicing experience, with Securities industry background preferred; strong attention to detail and communication skills are

Qualifications

• High School Diploma or equivalent.
• At least 5 years of experience in customer service, trust operations, financial services, or asset servicing.
• Securities industry experience strongly preferred.
• Strong attention to detail and accuracy.
• Good verbal, written and interpersonal communication skills.
• Advanced organizational and multi-tasking skills.
• Has advanced and specialized expertise, typically developed through a combination of job-related training and work experience.

Responsibilities

• Demonstrate in-depth knowledge of processes within the immediate team and perform operational tasks for highly complex financial transactions.
• Perform balancing, reconciling, research and resolution for the most complex differences.
• Lead and/or participate in production improvement efforts and address procedural impacts. Provide back-up for most department functions.
• Understand internal control framework and use this information to provide risk mitigation techniques, while prioritizing and focusing on the higher risk items.
• Consistently demonstrate a positive, solution-oriented mindset with a commitment to collaboration.

Skills

Securities industry experience

Attention to detail

Communication skills

Organizational skills

Specialized expertise

Education

High School Diploma or equivalent

Job description

What You\'ll Do

We\’re looking for a Securities Operations Specialist III to join our Trust & Custody PCS team in Minneapolis, MN! In this role, you\’ll act as the primary resource for critical production or escalation issues while providing management-level reporting to include service quality, volume tracking, and/or staff performance.

Here are a few examples of the kind of things you will do:

• Demonstrate in-depth knowledge of processes within the immediate team and perform operational tasks for highly complex financial transactions.
• Perform balancing, reconciling, research and resolution for the most complex differences.
• Lead and/or participate in production improvement efforts and address procedural impacts. Provide back-up for most department functions.
• Understand internal control framework and use this information to provide risk mitigation techniques, while prioritizing and focusing on the higher risk items.
• Consistently demonstrate a positive, solution-oriented mindset with a commitment to collaboration.

Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. 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!

Who You Are

• High School Diploma or equivalent
• At least 5 years of experience in customer service, trust operations, financial services, or asset servicing
• Securities industry experience strongly preferred
• Strong attention to detail and accuracy
• Good verbal, written and interpersonal communication skills
• Advanced organizational and multi-tasking skills
• Has advanced and specialized expertise, typically developed through a combination of job-related training and work experience

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)

$28.02 - $33.78 / hour

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

Work Location

This role will be hybrid based out of our Minneapolis, MN office.

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.

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 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.

Principal uses artificial intelligence tools to assist in reviewing and evaluating job applications, fraud prevention, and candidate matching and comparisons. These AI tools support our human recruiters in the initial review process but do not make final hiring decisions without human involvement. By submitting your application, you acknowledge this use of AI in our recruitment process. Please review our Workforce (U.S.) Privacy Notice for more details on our practices and your data privacy rights.