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What You'll Do

As a Senior Product Manager in our Asset Management division, you'll drive strategic initiatives for our investment accounting product ecosystem, orchestrating the complex interplay with portfolio management, trading activities and financial reporting. You'll be instrumental in optimizing our accounting systems' architecture, managing vendor relationships, and ensuring seamless integration of mission-critical data flows that support investment operations. Working closely with engineering teams and business partners, you'll champion product enhancements that strengthen our accounting infrastructure while maintaining operational excellence in daily processing cycles and reporting capabilities.

You’ll have the opportunity to:

+ Develop and communicate a clear product strategy for in house and vendor solutions

+ Lead product backlog, product feature prioritization, refinement, grooming and daily standups

+ Demonstrate an in-depth knowledge of our investment operations, general account and accounting processes, and a comprehensive understanding of technology’s role in solving business problems within the product team

+ Use metrics and analytics that drive decisions to ensure product development aligns with business goals

+ Communicate product updates, timelines, and risks to internal partners and leadership

+ Be responsible for product health and find opportunities for product innovation and improvement

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

+ 6+ years of business, technology, or product management experience; or equivalent demonstrated through the following: work experience, military experience, or education

+ 3+ years working in a highly collaborative, fast-paced environment with engineering teams and partners while managing multiple products

+ Excellent communication skills including the ability to lead, influence and negotiate with partners at all levels of the company

+ Strong strategic thinking/vision, collaboration and decision-making skills along with business savviness and relationship management skills

+ Demonstrated experience collaborating, influencing, and negotiating in a professional team environment, including using diverse perspectives and data to inform actions

+ Experience coaching and mentoring others in a professional setting

Skills That Will Help You Stand Out

+ Product Management experience in an investment operations/investment accounting environment with an understanding of techniques and methods of modern product discovery and product delivery

+ Knowledge of the asset management industry

+ Experience with investment accounting platforms, specifically PAM

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)

$123000 - $167000 / year

Time Off Program

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

Pension Eligible

Yes

Work Environments

This role offers an in-office and hybrid (blending at least three office days in a typical workweek) work arrangement in Des Moines, IA, Charlotte, NC, Raleigh, NC, Chicago, IL, or New York, NY.

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 the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.

Original Posting Date

9/26/2025

Most Recently Posted Date

9/26/2025

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