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Principal Business Relationship Manager - Procurement (Asset Management) in Des Moines, Iowa

As a Business Relationship Manager – Procurement, you'll be an integral part of our Global sourcing team and help transform the way our teams deliver value to our business partners. You’ll collaborate with key stakeholders and internal partners to develop effective negotiation and cost reduction strategies, through dynamic requirements that are tied to strategic level business objectives while encouraging innovative solutions that bring value to the enterprise!

+ + Lead major category or more than one minor category.

  • Foster strong and productive relationships with business executives to support sourcing best practices and assure business objectives and service needs are met.

  • Support Principal Asset Management (PGI) business and maintain comprehensive understanding of business operations and strategic objectives

  • Act as liaison with category managers to assure strong, reliable supply chain and align business and category management strategies.

  • Focus on 360-degree view of internal stakeholders to develop an experiential partnership

  • Develop, lead and execute on sourcing strategies and objectives

  • Establish policies and procedures associated with sourcing processes, ensuring compliance with laws and regulations

  • Lead supply & demand planning, supplier selection, and contract review and negotiation

  • College degree or equivalent in finance, supply chain management or other business-related degree or law degree with significate supply chain experience required

  • 5 + years of procurement experience within the Professional Services area

  • Strong written and interpersonal communication skills including executive presence

  • Ability to develop and maintain relationships with internal and external stakeholders

  • Experience leading and/or mentoring team members

  • Consultative, customer mindset with strong analytical thinking skills and business and financial acumen.

  • Strong knowledge of all elements of supply chain management

  • Extensive knowledge of products, strategies and drivers of business area supported.

  • Aptitude for solving complex problems and challenging/influencing internal and external stakeholders

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.

$116000 - $162000 / year

Work Environment

This role offers the ability for in-office, hybrid (blending both office and remote work in a typical workweek), and remote work arrangements. You’ll work with your leader to determine which option may align best based on several factors.

Work Authorization/Sponsorship

At this time, we're not considering candidates 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 Global Investors 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

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 – individually and all of us together. Explore our core values, benefits and why we’re an exceptional place to grow your career.

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.

Requisition ID: 2022-37395

Enterprise Segment: Corporate

Business Area: Global Financial Resources

External Company Name: Principal Financial Group

Street: 711 High Street

FLSA Status: Exempt