Head of Mutual Fund Registrar

At Principal, we invest in what matters. And building dedicated teams is where it all begins. We’re drawn to people who bring outstanding perspectives, passion, and expertise to help us advance the financial security and well-being of our customers. We also aim to transform our growing business and drive positive change in the communities where we live and work.

When we invest in you, and you invest in us, great things happen.

We are looking for Head of Mutual Fund Registrar who will directly report to Chief of Operation. Overall, responsible for ensuring the seamless management of all mutual fund functions. You will coordinate and assist with other departments and external agents, driving outstanding performance in our operations and contributing to our mission of delivering outstanding service.

Responsibilities:

• Monitor and oversee mutual fund operational processes to ensure accuracy, compliance, and timely execution.
• Supervise bank cash management and cash reconciliation, ensuring all daily cash movements are properly recorded and validated.
• Manage and control customer amendment transactions, ensuring accuracy and adherence to internal policies.
• Monitor and oversee monthly subscription/redemption account reconciliations, ensuring completeness and accuracy.
• Ensure fund allocation processes, policies, and procedures are consistently aligned with fund rules and regulatory requirements.
• Provide guidance on mutual fund operational standards and support the team in resolving operational issues.
• Coordinate with the SEC on regulatory reporting and liaise with AIMC committees on all relevant operational activities.
• Provide coaching and training to team members to enhance skills, performance, and operational knowledge.
• Perform any additional responsibilities or tasks assigned by Management.

• Master’s or bachelor’s degree Finance, Account or related field.
• Minimum of 10 years of working experience with mutual fund registrar/Fund account experience.
• Mutual Fund Single License (IP) issued by SEC.
• Strong knowledge of SEC rules and regulations.
• Deep understanding of financial service products and markets, pertinent to securities laws and regulations, asset management business processes and practices.
• Must have proven and strong abilities and skills in the areas of written and verbal communication, presentations, attention to detail, critical thinking, analytical, problem solving, decision making, consulting, influencing, and relationship building skills.
• Demonstrates the ability to work both independently and collaboration within a team environment, effectively lead others, take initiative, resolve conflict, and adapt flexibly to prioritize multiple tasks. Proven capability to perform effectively in a dynamic business environment.
• Proficiency working with the Microsoft Office suite of applications preferred.
• Excellent written, verbal communication, and presentation skills in English.

Who We Are

Principal Financial Group is a Fortune 500 global leader in financial services specializing in insurance, retirement, and asset management. We have 18,000 employees and 51 million customers around the world with over $714B in assets under management.