Global Head of Asset Management Compensation

What You'll Do:

We’re looking for a Head of Global Asset Management Compensation to join our Total Rewards team. In this role, you'll lead the strategy, design, governance, implementation, and ongoing effectiveness of global compensation programs for Principal Asset Management, with accountability for investment, international pension, and sales/distribution. This person will serve as the senior compensation advisor to our asset management business,ensuring programs are competitive, aligned with business strategy and priorities, financially responsible, operationally sound, and compliant. This person will also lead and develop a high-performing team that delivers trusted counsel and integrated compensation solutions across base pay, annual and long-term incentives, profit sharing, sales compensation, equity, deferred cash, co-investment, and carried interest, with flexibility as needed.You’ll have the opportunity to: -----------------------------------

• Lead the design, implementation, and evaluation of compensation programs for investment, international pension, and distribution roles, including base pay, annual and long-term incentives, profit sharing, sales compensation, stock, deferred cash, co-investment, and carried interest. Partner with Asset Management and Finance leaders on profit share pool allocation and ensure performance measures, payout mechanics, eligibility, and risk features reinforce intended business outcomes.
• Set and maintain an integrated Asset Management compensation strategy aligned with business priorities, investment and distribution talent markets, performance expectations, and the enterprise Total Rewards philosophy. Advise business leaders including executives, and HR leaders on complex and sensitive compensation decisions, organizational changes, external market dynamics, and talent risks. Develop and present recommendations to senior management and governing committees.
• Establish governance, decision rights, docume