Principal Financial

Asset Management Legal Counsel

Posted on: 10 Apr 2021

Des Moines, IA

Job Description

Responsibilitiesn

Provide legal advice and recommendations to business clients and to executives regarding matters of complexity which have or may have significant risk to business activities and operations to ensure that company affairs are conducted within the framework of the law and consistent with sound business practices and ethics.

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The Asset Management Counsel position provides legal services on a variety of matters in support of Principalu2019s global asset management business. The position involves working as part of a team to advise on legal and regulatory matters applicable to investment advisers, distribution of investment advisory services and products and related agreements, investment transactions and related matters, all in collaboration with colleagues globally.

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Day to Day Responsibilities:

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* Provide accurate, timely, and sound legal advice and recommendations to business unit clients and to executives regarding matters of complexity which have or may have significant risk to business activities and operations. n
* Applies knowledge of one or more legal specialties with sound business acumen and knowledge of the business goals and objectives as they relate to the matter at hand.n
* May provide informal leadership to less experienced attorneys and/or paralegal staff which includes providing direction for the development of required work products or in how to respond to business inquiries, providing performance feedback, coaching, and mentoring.nn

Qualificationsnn
* Requires JD with minimum of 7 years of experience supporting asset manager at a financial services firm and/or law firm. n
* Experience with private investment structures, private funds and support for derivatives trading preferred.n
* Must be admitted to practice in the state employed within twelve months of hire. n
* Requires knowledge of the relevant area of law and its application. n
* Must be able to work as a member of a team and independently on a self-motivated basis. n
* Requires superior written and verbal communication skills. n
* Must be able to apply knowledge of the law to make sound judgments, communicate, and interact with others in a professional manner.n
* Informal leadership experience is preferred.n
* Some travel may be requirednn

Additional Informationn

Work Authorization/Sponsorship

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At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)

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Investment Code of Ethics

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For Principal Global Investors positions, youu2019ll 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.

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Experience Principal

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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 u2013 individually and all of us together. Explore our core values, benefits and why weu2019re an exceptional place to grow your career.

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Principal is an Equal Opportunity Employer

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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.

Principal Financial

Des Moines, IA

The Principal Financial Group is a global financial investment management and insurance company headquartered in Des Moines, Iowa. Four segments comprise the company: Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions.

The company employs roughly 9,000 people in Des Moines, Iowa, and owns and operates several buildings in the downtown area. The tallest, known as 801 Grand, is 45 stories tall (192m/630 ft), and houses many other companies in addition to The Principal. As of March 2014, Principal employed 14,600 employees worldwide, with its Global Delivery center, Principal Global Services, in Pune, Maharashtra, India. Principal also has a lobbyist registered in the Iowa Legislature since December 2016. He is designated to lobby the Executive Branch of the Government of Iowa.