What You'll Do We’re looking for a Commercial Real Estate Transaction Administrator to join our Commercial Real Estate team. In this role, you’ll assist an equity production team in completing commercial real estate transactions. This position is also a great way to advance your career. As a growing company with over 19,000 employees around the world, Principal offers a lot of ways for you to learn more, earn more and achieve more. Assist in the administration of legal documentation for equity client portfolios Assist with the development of an internal due diligence website (Box.com) to index due diligence information for acquisition/disposition/development commercial real estate transactions. Assist the Senior Acquisitions Consultant by requesting, reviewing, analyzing and organizing due diligence documents to ensure completeness, and monitoring the status and access to confidential due diligence information Communicate, coordinate and follow-up with internal and external clients/consultants to ensure stringent transaction deadlines are met. Assist Senior Acquisitions Consultant in the preparation of closing documents, verification of signature blocks, and closing correspondence with local counsel and escrow. Assist Senior Acquisitions Consultant in obtaining quotes and appropriately order title, survey and other third party due diligence reports for acquisitions and dispositions. Follow-up on details to ensure tight deadlines are met. Manage the transaction Due Diligence process by maintaining the data integrity/security by access controls, monitoring the final Closing & Post-Closing documentation and electronically filing (Onbase) the final transaction closing documents for record retention. Send confidentiality agreements to brokers, coordinate legal review on any language changes to internal legal and finalize confidential agreements with Acquisition Director/Manager. Monitor prompt good communication with all stakeholders. 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 High school degree or equivalent with 3+ years of job-related experience Must be able to work efficiently, be results oriented and exhibit attention to detail and accuracy Good oral and written communication skills and PC experience required Knowledge of commercial loans/real estate beneficial Good organizational skills required as well as the ability to meet deadlines and work with multiple competing priorities 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) $23.29 - $31.51 / hour Time Off Program Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness. Pension Eligible No Additional Information Work Environments This role offers an in-office and hybrid (blending at least four office days in a typical workweek) work arrangement in Des Moines, IA. 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. Original Posting Date 12/20/2024 Most Recently Posted Date 12/20/2024