Senior Product Manager, Asset Management
Principal Financial Services, Inc., Chicago, IL, United States
What You'll Do
As a Senior Product Manager within Principal Asset Management, you’ll drive initiatives supporting our Multi-Asset Investment team, partnering closely with investment professionals and global technology teams. This role leads complex, high‑impact products that span multiple lines of business and serve as critical tools for portfolio management, trading, and investment research.
You’ll operate end‑to‑end across the product lifecycle — from defining strategy and roadmap through discovery and delivery — while helping shape a new operating model that strengthens how product and technology partners collaborate.
You’ll have the opportunity to:
Define and communicate a clear product vision, strategy, and roadmap for in‑house and vendor solutions supporting multi‑asset portfolio management, trading, and research capabilities
Partner closely with engineering, architecture, and business stakeholders to deliver solutions aligned to investment operations, portfolio management workflows, and strategic business outcomes
Use metrics, analytics, and customer insights to guide decisions, monitor product health, and find opportunities for innovation, improvement, and modernization
Communicate product updates, timelines, risks, and dependencies to internal partners and senior leaders
Act as a senior product leader and mentor, helping support team growth during a period of operational and organizational transformation
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
6+ years of business, technology, or product management experience; or equivalent demonstrated through the following: work experience, military experience, or education
3+ years working in a highly collaborative, fast‑paced environment with engineering teams and partners while managing multiple products
Strong experience with modern product management practices, including discovery, product strategy and delivery against product outcomes
Proven ability to lead, influence, and negotiate with partners at all levels of the organization
Strong strategic thinking, decision‑making, and relationship‑building skills, with a focus on driving outcomes
Proven experience using diverse perspectives, data, and insights to inform product decisions
Experience mentoring or coaching others in a professional setting
Comfortable navigating ambiguity and change, particularly within evolving operating models
Skills That Will Help You Stand Out
Product management experience within asset management, investment management, or investment operations
Knowledge of multi‑asset investment strategies, portfolio management systems, trading workflows, and investment research platforms
Experience working with portfolio and order management systems (e.g., Bloomberg, Charles River)
Global product or global operating model experience
Salary Range Information
Salary ranges reflect targeted base salaries. Qualified candidates may also be eligible for a bonus program. Base ranges are $130,000 - $171,000 per year.
Time Off Program
Flexible Time Off (FTO) is provided to salaried (exempt) employees and allows paid time for vacation, personal or short‑term illness. Employees do not accrue a bank of time off under FTO, and there is no set number of days provided.
Pension Eligible
Yes
Work Environments
This role offers in‑office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (if residing more than 30 miles from Des Moines, IA, or Charlotte, NC). You’ll work with your leader to select the best option based on several factors.
Work Authorization/Sponsorship
We are not considering applicants requiring immigration sponsorship. This includes, but is not limited to: F1‑OPT, F1‑CPT, H‑1B, TN, L‑1, J‑1, etc.
Investment Code of Ethics
For Principal Asset Management positions, you will 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 requirements may also apply to other positions across the organization.
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.
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As a Senior Product Manager within Principal Asset Management, you’ll drive initiatives supporting our Multi-Asset Investment team, partnering closely with investment professionals and global technology teams. This role leads complex, high‑impact products that span multiple lines of business and serve as critical tools for portfolio management, trading, and investment research.
You’ll operate end‑to‑end across the product lifecycle — from defining strategy and roadmap through discovery and delivery — while helping shape a new operating model that strengthens how product and technology partners collaborate.
You’ll have the opportunity to:
Define and communicate a clear product vision, strategy, and roadmap for in‑house and vendor solutions supporting multi‑asset portfolio management, trading, and research capabilities
Partner closely with engineering, architecture, and business stakeholders to deliver solutions aligned to investment operations, portfolio management workflows, and strategic business outcomes
Use metrics, analytics, and customer insights to guide decisions, monitor product health, and find opportunities for innovation, improvement, and modernization
Communicate product updates, timelines, risks, and dependencies to internal partners and senior leaders
Act as a senior product leader and mentor, helping support team growth during a period of operational and organizational transformation
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
6+ years of business, technology, or product management experience; or equivalent demonstrated through the following: work experience, military experience, or education
3+ years working in a highly collaborative, fast‑paced environment with engineering teams and partners while managing multiple products
Strong experience with modern product management practices, including discovery, product strategy and delivery against product outcomes
Proven ability to lead, influence, and negotiate with partners at all levels of the organization
Strong strategic thinking, decision‑making, and relationship‑building skills, with a focus on driving outcomes
Proven experience using diverse perspectives, data, and insights to inform product decisions
Experience mentoring or coaching others in a professional setting
Comfortable navigating ambiguity and change, particularly within evolving operating models
Skills That Will Help You Stand Out
Product management experience within asset management, investment management, or investment operations
Knowledge of multi‑asset investment strategies, portfolio management systems, trading workflows, and investment research platforms
Experience working with portfolio and order management systems (e.g., Bloomberg, Charles River)
Global product or global operating model experience
Salary Range Information
Salary ranges reflect targeted base salaries. Qualified candidates may also be eligible for a bonus program. Base ranges are $130,000 - $171,000 per year.
Time Off Program
Flexible Time Off (FTO) is provided to salaried (exempt) employees and allows paid time for vacation, personal or short‑term illness. Employees do not accrue a bank of time off under FTO, and there is no set number of days provided.
Pension Eligible
Yes
Work Environments
This role offers in‑office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (if residing more than 30 miles from Des Moines, IA, or Charlotte, NC). You’ll work with your leader to select the best option based on several factors.
Work Authorization/Sponsorship
We are not considering applicants requiring immigration sponsorship. This includes, but is not limited to: F1‑OPT, F1‑CPT, H‑1B, TN, L‑1, J‑1, etc.
Investment Code of Ethics
For Principal Asset Management positions, you will 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 requirements may also apply to other positions across the organization.
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.
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