Compliance Analyst - Broker Dealer Product Support

Compliance Analyst

This role supports compliance functions of the Principal Securities and Principal Funds Distributor broker dealers by independently conducting regulatory research, interpreting developments, and identifying risk exposures related to broker dealer obligations in the domestic Principal product and services and their distribution. The role is part of a compliance practice group broadly supporting broker-dealer compliance for the retirement, insurance and asset management offerings of Principal. Responsibilities include assisting in the design and drafting of policies and procedures, participating in testing and examinations, preparing reports and filings, recommending corrective actions, mentoring colleagues, and contributing to process enhancements. The role engages broadly across internal teams, supports implementation of compliance initiatives, and begins to operate with increased independence.

Data Analysis Gather and organize information from multiple sources (e.g., compliance reports, audit results, incident logs, regulatory documents). Compile, aggregate, and analyze data using basic statistics; identify patterns, trends, or anomalies to support compliance decisions. Use tools like Excel (formulas, charts), introductory SQL, and visualization platforms (e.g., Tableau, Power BI) to structure and present data. Ensure accuracy and completeness of data; correct errors, double-check entries, and summarize findings for reporting and decision-making.

Regulatory Research Conduct research on laws, regulations, and industry standards (e.g., AML, KYC, GDPR, HIPAA, market conduct) to support compliance initiatives. Stay informed on regulatory developments by using legal databases, publications, and other reliable sources. Interpret legal language and compile findings into clear, actionable reports that highlight potential business impacts. Support regulatory examinations and documentation by reviewing sources and maintaining thorough records. Assist with tracking and reporting on regulatory changes that may affect business operations.

Risk Management Monitor business activities and review materials (e.g., training, policies) to identify compliance risks and exposures. Assist with compliance testing, compliance monitoring and examinations; facilitate documentation requests and analyze findings. Support identification of corrective actions based on internal policies and external regulations. Apply risk management principles under supervision; escalate issues and begin assessing regulatory impacts on risk profiles. Review and approve deliverables using a risk-based approach to decision-making to support business goals while ensuring compliance with regulatory requirements and company policies.

Communications & Reporting Write clear, concise compliance reports, filings, policies, training materials and procedures. Present findings and recommendations to various audiences; participate in meetings and training sessions. Maintain accurate records of compliance activities; update documentation and escalate issues when needed. Handle correspondence with auditors and regulators; explain requirements and findings in accessible language.

Process Improvement Assist in drafting and implementing compliance policies, procedures, and controls. Document current workflows; identify inefficiencies, bottlenecks, or error points. Propose and communicate practical improvements; gather metrics and feedback to support changes. Participate in improvement initiatives by collaborating with team members and applying structured problem-solving and process enhancement methodologies.

Who You Are

4+ years of relevant financial services experience demonstrated through one or a combination of the following: work experience, training, military experience or education. Previous compliance experience within financial services industry preferred. FINRA licensing may be required. Familiarity with financial service products, markets, laws and regulations (SEC/FINRA/state/federal, AML, KYC, GDPR). Experience in a product manufacturing/wholesale distribution broker-dealer structure preferred. Proficiency with Microsoft Office applications, including Excel, Word, and PowerPoint. Strong written and verbal communication skills, with the ability to clearly convey complex information to diverse audiences. Excellent organizational skills and attention to detail. Strong analytical, critical thinking, and problem-solving abilities. Proven consulting, influencing, and relationship-building skills. Ability to work effectively both independently and within cross-functional team environments. Comfortable providing guidance and consultation to stakeholders at various levels across the organization. Demonstrated professionalism, sound judgment, and executive presence. Strong time management skills with the ability to prioritize multiple projects and competing deadlines. Adaptable and eager to learn in a fast-paced, evolving regulatory and business environment. Ability to travel periodically, including occasional overnight stays.

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) $69300 - $109200 / 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 Authorization/Sponsorship

At this time, we are not considering applicants who require any type of immigration sponsorship now or in the future. This includes work authorization such as F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, and others.

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.