Sourcing Consultant (Market/Investment Data) at Principal Financial Group

Charlotte, North Carolina, United States -

Full Time

Start Date

Immediate

Expiry Date

14 Jun, 26

Salary

0.0

Posted On

16 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strategic Sourcing, Category Management, Market Data, Investment Data, Vendor Management, Risk Management, Lifecycle Management, Contract Development, Commercial Negotiations, Stakeholder Partnership, Critical Thinking, Financial Acumen, Data-Driven Decision Making, Self-Awareness, Accountability, Feedback Seeking

Industry

Financial Services

Description

What You'll Do Join our Global Sourcing team and play a central role in shaping how we deliver value across the enterprise. This role sits at the intersection of strategic sourcing, investment data, and stakeholder partnership, supporting critical business, technology, and investment outcomes. As a Sourcing Consultant focused on Market Data, you will help drive the sourcing, governance, and lifecycle management of complex third‑party data relationships. You’ll partner closely with internal leaders and external providers to balance innovation, risk, commercial rigor, and long‑term value. This role is ideal for someone who brings strong self‑awareness, a high degree of personal accountability, openness to feedback and learning, and the ability to build trust with diverse stakeholders Strategic Sourcing & Category Management Partner with internal business, investment, technology, legal, compliance, and finance leaders to deliver best‑in‑class market data category management and strong business outcomes. Develop and execute sourcing strategies using total cost of ownership, internal insights, usage analysis, and market intelligence. Lead end‑to‑end strategic sourcing for medium to high‑complexity third‑party data needs. Drive supplier selection, demand and supply planning, contract development, and commercial negotiations. Vendor, Risk & Lifecycle Management Support the ongoing lifecycle management of market data suppliers, including onboarding, renewals, and run‑state operations. Assist with and support audit, compliance, risk management, and vendor governance initiatives across the category. Contribute to improving the quality, reliability, and efficiency of the systems and processes that support market data sourcing and administration. Help evolve sourcing, vendor management, and data governance best practices across the organization. Stakeholder Partnership & Communication Act as a trusted partner and connector across a highly diverse set of stakeholders, both internal and external. Clearly communicate complex commercial, operational, and risk considerations to non‑experts. Regularly share insights, assessments, and recommendations with senior partners and decision‑makers. Build strong, productive relationships grounded in transparency, credibility, and mutual accountability. Who You Are How You’ll Show Up (Core Capabilities & Mindset) We are looking for someone who demonstrates: Strong self‑awareness — understands their strengths, development areas, and impact on others. High accountability and ownership — takes responsibility for outcomes, not just tasks. Openness to feedback and learning — actively seeks input, adapts quickly, and continuously improves. Excellent stakeholder management — navigates competing priorities with empathy, clarity, and influence. A systems‑thinking mindset — sees how sourcing, data, risk, and operations fit together to deliver value. Required Qualifications Bachelor’s degree or equivalent experience. 2+ years of Market Data category sourcing experience, including working with providers such as Bloomberg, S&P, MSCI, or similar data and data‑broker firms. Experience partnering with internal stakeholders across business, technology, legal, compliance, and finance. Strong critical‑thinking skills and a data‑driven approach to decision‑making. Solid business and financial acumen with a continuous improvement mindset. Strong communication skills and the ability to influence, collaborate, and solve complex problems. Preferred Experience Experience with demand and supply planning, spend analysis, or supply chain mapping. Familiarity with COUPA or similar procurement platforms. Legal or contract negotiation experience. Interest in or experience using AI or automation to improve sourcing and operational efficiency. Background in investment data, capital markets, or financial services environments. Growth & Development and Expectations In this role, you will: Learn through hands‑on experience, structured training, and apprenticeship‑style collaboration with experienced colleagues. Have your voice and perspective heard and, over time, represent the organization in key vendor, risk, and commercial discussions. Grow your career across sourcing, data strategy, or adjacent functions based on your strengths, interests, and development goals Work with a passionate leader that will help you succeed in your individual goals Be part of a high performing team that likes to work hard and play hard Be part of a very capable, data driven and humble team that will guide you from beginning to end Have the opportunity to make this role what you want and are willing to put into it Job Level We are open to hiring at the Consultant and Senior Consultant level. To be considered for the Senior Consultant level, candidates will have 3+ years of Market Data category sourcing experience, including working with providers such as Bloomberg, S&P, MSCI, or similar data and data‑broker firms. Work Environments This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, Charlotte, NC, and Raleigh, NC). You’ll work with your leader to figure out which option may align best based on several factors. 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) $89300 - $156000 / year Salary Details The following levels and locations are examples of market-specific salary ranges across different job levels and geographies. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. Grand Island, NE / Wichita, KS: Sourcing Consultant: $84,600 - $105,000 / year Senior Sourcing Consultant: $104,4000 - $135,000 / year Des Moines, IA / Tampa, FL: Sourcing Consultant: $89,300 - $105,000 / year Senior Sourcing Consultant: $110,2000 - $135,000 / year Charlotte, NC / Dallas, TX: Sourcing Consultant: $94,000 - $105,000 / year Senior Sourcing Consultant: $116,000 - $135,000/ year Chicago, IL / Denver, CO / Minneapolis, MN: Sourcing Consultant: $103,400 - $105,000 / year Senior Sourcing Consultant: $127,600 - $135,000 / 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 Location This role will be located in either Des Moines IA, Seattle WA, New York NY, Charlotte NC, Chicago IL or Denver CO and will benefit from an in-office hybrid work arrangement blending at least three office days in a typical workweek with remote work. 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 3/10/2026 Most Recently Posted Date 3/15/2026 LinkedIn Remote Hashtag #LI-Remote

Responsibilities

The consultant will drive the sourcing, governance, and lifecycle management of complex third-party data relationships, partnering with internal leaders and external providers to balance innovation, risk, and commercial rigor. Key duties include developing and executing sourcing strategies, leading end-to-end strategic sourcing, and supporting ongoing vendor lifecycle management, compliance, and risk initiatives.