What You'll Do

At Principal Financial Group, we're committed to helping people build, protect, and advance their financial security. As a Senior Compliance Analyst on our Financial Crimes team, you'll play a key role in reporting suspicious activity that helps protect our customers, our business, and the broader financial system. This is an opportunity to join a growing AML program and make a meaningful impact by conducting complex transaction reviews, partnering with stakeholders across the enterprise, and supporting regulatory reporting obligations. You'll work at the intersection of compliance, risk management, and financial services while helping shape and strengthen our AML controls and processes.

Key Responsibilities

• Conducting detailed reviews and investigations of potentially suspicious activity identified through transaction monitoring, alerts, referrals, and other internal sources.
• Analyzing transactional activity and customer behavior to identify potential money laundering, fraud, and other financial crimes risks.
• Coordinating the gathering, analysis, and documentation of information required for regulatory reporting.
• Drafting, reviewing, and editing Suspicious Activity Reports (SARs) for submission to FinCEN.
• Partnering with AML Officers, compliance leaders, fraud teams, and business stakeholders throughout the investigative and reporting lifecycle.
• Providing guidance to business partners regarding AML obligations, regulatory requirements, and financial crime risk indicators.
• Maintaining expertise in Bank Secrecy Act (BSA), USA PATRIOT Act, OFAC, FinCEN, anti-fraud regulations, and elder financial exploitation requirements.
• Supporting risk assessments, audit requests, regulatory examinations, and compliance initiatives.
• Assisting with procedure updates, training development, and continuous improvement efforts across the AML program.
• Participating in technology and process enhancement initiatives to improve monitoring, investigations, and reporting capabilities.

Who You Are

• Associate or bachelor’s degree, or equivalent combination of education and experience.
• 6+ years of direct compliance, AML, financial crimes, investigations, or related experience.
• Strong experience conducting AML investigations, transaction reviews, and suspicious activity analysis.
• Experience preparing, reviewing, or supporting Suspicious Activity Reports (SARs).
• Strong understanding of AML regulatory requirements, including BSA, FinCEN, OFAC, and USA PATRIOT Act requirements.
• Demonstrated ability to analyze large volumes of information and perform complex research and investigations.
• Excellent organizational skills with the ability to manage multiple priorities and deadlines.
• Strong written and verbal communication skills.
• Experience drafting compliance-related documentation, including policies, procedures, standards, and process documentation.
• Advanced proficiency with Microsoft Excel and other business applications.

Preferred Qualifications

• ACAMS certification (strongly preferred).
• Experience working within AML investigations and reporting functions, particularly in roles supporting downstream reporting activities following investigations (strongly preferred).
• Experience using NICE Actimize or similar AML transaction monitoring and case management platforms.
• Insurance industry experience or knowledge of insurance products (strongly preferred).
• Broker-dealer or securities industry experience.
• FINRA Series 7 license.
• Experience supporting evolving AML technology and process transformation initiatives.

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)

$84600 - $132000 / 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

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.

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.

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.

Original Posting Date

11/2/2026

Most Recently Posted Date

11/2/2026