Broker Dealer Trader II

What You'll Do

We're looking for a Broker Dealer Trader II to join our Broker Dealer Services team. In this role, you'll provide prompt, courteous and excellent service to registered representatives, investment advisors and clients by solving problems and answering questions about investment accounts.

This advanced level role provides oversight and execution of Brokerage and Advisory platform trading functions. You will collaborate frequently with partners located nationally in this role!

Provide daily phone support to Principal Securities registered reps and their clients related to brokerage accounts holding a wide array of securities.

Respond to questions and resolve problems relating to potential and existing customer accounts, trade approvals, compliance regulations, available products, and industry information.

• Specific knowledge of securities regulations will be necessary to appropriately respond while staying in compliance with FINRA and SEC Regulations.
• Work on daily reports and other requirements while adhering to strict adherence to Firm, FINRA and SEC regulations. Responsible for reviewing for Best Execution of trades to analyze, research and report on deficiencies.

Login to FINRA CAT portal daily to review and correct any errors within FINRA reported timelines.

Work to maintain firm policies and procedures and ensure adherence by the team. Provide system assistance and training to registered representatives and clients on software used to enter trades, view accounts, acquire research, and manage portfolios.

Encourage users to learn new functionality and help them to submit orders through the system.

Perform other job-related duties and special projects as required including a focus on advisory products.

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

• Bachelor's degree or equivalent experience
• Holds active FINRA Series 7, 24 & 66
• Excellent knowledge of state and federal security regulations
• Excellent verbal / written communication skills, including telephone communication experience / skills and grammar and letter writing skills
• Organizational skills and ability to handle multiple tasks concurrently
• Highly skilled at fostering teamwork and perform effectively in a team-oriented atmosphere

Skills That Will Help You Stand Out

• 2+ years of prior Broker Dealer experience preferred
• FINRA Series 53 & 4
• Prior FINRA CAT experience helpful

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)

$51000 - $98400 / 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

Additional Information

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, or Charlotte, NC).

You'll work with your leader to figure out which option may align best based on several factors.

Job Level

We'll consider talent at the next level with the right experiences and skills. In order to be considered for the Broker Dealer III you will need the above qualifications + your Series 4 and Series 53.

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 and 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 , benefits and why we're an exceptional place 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 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 / 30 / 2024

Most Recently Posted Date

9 / 30 / 2024

LinkedIn Remote Hashtag

LI-Remote