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.
You'll have the opportunity to:
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
Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing about $740 billion in assets and over 60 years of experience. Principal Asset Management has been recognized as a “Best Places to Work in Money Management” for 14 consecutive years! Check us out at www.principalam.com!
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
Why Join Us
At Principal, we’re committed to helping people build financial security—and that starts with our employees. You’ll join a team that values collaboration, innovation, and meaningful impact, with the opportunity to shape how compensation supports our global growth.
Additional Details
Location: Flexible / Global team environment
Travel: Limited (≈5%)
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
$141000 - $213000 / 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
Yes
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.) .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.
Work Authorization/Sponsorship
At this time, we're not considering applicants 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 Asset Management 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
At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.
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.
Date First Posted (TTF)
5/15/2026
Latest Post Date: Careers - US
5/15/2026
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