Assistant Director - Asset Management Compensation
Principal Financial Services, Inc.
What You\'ll Do We’re looking for a strategic and collaborative compensation leader to join our Total Rewards team as an Assistant Director of Global Compensation. In this role, you’ll help shape how we attract, reward, and retain talent across our global asset management businesses. You’ll partner closely with business leaders and HR teams around the world to design compensation programs that are aligned to performance, market trends, and business strategy. This is a highly visible role with the opportunity to influence senior leaders, design innovative compensation solutions, and operate in a dynamic, global environment. Compensation Strategy & Design Design and evolve global compensation programs, including base pay, annual incentives, and long‑term incentives Help shape compensation approaches that align to business performance, growth, and talent needs Bring forward ideas and insights to ensure our programs remain competitive and forward‑looking Partner with Global Leaders Act as a trusted advisor to leaders across asset management Provide guidance on complex and high‑impact compensation decisions Work across regions and teams to ensure alignment in a global, matrixed organization Drive Insight‑Based Decisions Use market data, industry insights, and internal analytics to develop clear, actionable recommendations Present findings and recommendations to senior leaders and governance groups Help leaders understand trade‑offs and make informed compensation decisions Support Global Programs & Governance Partner with HR, Finance, Legal, and Compliance to ensure programs are consistent, scalable, and compliant globally Contribute to the annual compensation cycle, including salary planning and incentive processes Support ongoing enhancements to how we structure, manage, and communicate compensation Lead & Develop Others Provide coaching and guidance to team members and colleagues Share expertise and elevate the broader team’s compensation design capability Serve as a go‑to resource for complex or sensitive compensation topics Who You Are 6–8+ years of experience in investment management compensation, total rewards, or related HR consulting roles Strong experience in investment management compensation design and business‑facing advisory Ability to operate effectively in a global, matrixed environment Proven ability to influence and partner with senior leaders Strong analytical, problem‑solving, and communication skills What Will Help You Succeed You think strategically and connect compensation to business outcomes You are comfortable navigating complex stakeholder environments You can translate data into clear, compelling insights You build strong relationships and are seen as a trusted partner Salary Range Information Salary ranges below reflect targeted base salaries for non‑exempt positions. 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 that may result in total compensation exceeding the base salary based on individual performance. Salary Range (Non‑Exempt expressed as hourly; Exempt expressed as yearly) $141,000 - $213,000 per year Time Off Program Flexible Time Off (FTO) is provided to salaried (exempt) employees and offers vacation, personal, or short‑term illness time with pay. Employees do not 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 in‑office, hybrid (blending at least three office days a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA). You will work with your leader to determine the best option based on various factors. Work Authorization/Sponsorship We do not consider applicants who require immigration sponsorship (e.g., H‑1B, TN, L‑1, J‑1) now or in the future to work in the United States. Investment Code of Ethics For Principal Asset Management positions, you will need to follow an Investment Code of Ethics related to personal and business conduct and trading activities for you and household members. These requirements may also apply to other positions across the organization. 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. #J-18808-Ljbffr
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