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What You'll Do

Principal is seeking an AVP of Internal Audit for Global Asset Management! This role reports directly to the Chief Internal Auditor, you will be responsible for and implement the internal audit function across our global operations!

This role demands extensive experience in internal auditing within the Asset Management industry and a proven grasp of international regulations and standard methodologies. In the role, you will lead several Directors and Assistant Directors reporting to you, including regional leads and their global teams across Latin America and Asia, and will be responsible for ensuring adequate coverage for existing and emerging risks across Principal Asset Management worldwide.

• Audit Execution: Lead audit teams to identify and evaluate key risks and controls impacting company objectives and strategies, including process, application, and data management controls. Lead concurrent high-complexity projects, excel in planning, prioritize tasks, and empower employees through delegation and oversight.

• Talent Management & Development: Recruit, lead, and develop a knowledgeable and productive staff, including in-country and regional Directors and ADs. Provide candid feedback and mentor to improve department impact.

• Teamwork: Establish excellent business relationships within Internal Audit and the global Principal community, particularly with executive leadership teams. Network with key business leaders and stay informed of industry, technology, and regulatory developments. Engage with external partners (external audit, regulator). Work with first- and second-line resources, regulators, and external audit to develop aligned assurance.

• Communication: Present audit results, negotiate substantial issues, and provide candid, objective opinions to customers. Mentor team members on effective communication methods.

• Audit Planning & Strategic Alignment: Support strategic planning within the department, align audit work with enterprise priorities, and develop appropriate audit plans to accomplish strategic goals. Collaborate with senior executive leaders to develop the Internal Audit Plan and communicate risks to management.

• Board Engagement & Reporting: Serve as the de facto Chief Auditor for Principal’s Mutual Funds Board and lead others who are similarly positioned with various international Boards. Ensure adequate audit coverage and balance with enterprise priorities across this global scope.

Who You Are

• 15+ years of professional experience, including working with or auditing/assessing operations.

• A proven command of audit, risk, and control concepts in both highly-regulated environments and discretionary, risk-based universes

• Extensive knowledge of Asset Management and/or International markets.

• Proven track record to coordinate across subject areas including understanding technical and financial risk and asset protection

• Experience using data techniques and teams to improve the efficiency, scope, and/or quality of audit work

• Leadership and influence skills, experience engaging Board members and Executive Management.

• Proficiency in languages other than English is a plus, particularly Mandarin, Spanish, and/or Portuguese.

• Relevant certifications (CIA, CPA, CISA) are a plus.

• Proven experience in developing and executing strategic projects.

*Relocation will be considered as part of the offer - strong preference to be in Des Moines.

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)

$174000 - $236000 / year

Additional Information

Work Authorization/Sponsorship

At this time, we're not considering candidates 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 Global Investors 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

While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values (https://www.principal.com/about-us/careers#core-values) , benefits (https://www.principal.com/about-us/careers#benefits) and why we’re an exceptional place (https://www.principal.com/about-us/careers#reputation) to grow your career.

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 be accepting applications for at least 3 days from when the job was originally posted, after which we may keep open or remove the posting based upon applications we receive. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond 3 days of the original posting date.

Original Posting Date

4/13/2023

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