Analyst, Investment Performance

Description

As an Analyst on the Investment Performance team, you will serve a critical function in advancing initiatives within the broker dealer's Advice & Wealth Management (AWM) segment, specifically those related to investment performance reporting. Responsibilities include conducting research, defining and documenting business requirements, and providing analytical and reporting support. Additionally, you will contribute to the development and ongoing maintenance of the infrastructure necessary to sustain and enhance performance reporting capabilities across the AWM segment of Ameriprise Financial.

Key Responsibilities

• In collaboration with other business units (e.g. products, technology, legal, compliance, marketing, training, field implementation, etc.) and vendors, participate in the execution of projects aimed at developing investment products, ensuring compliance, enhancing the quality of the performance data, and improving the front-end experience

• Provide data quality oversight, escalation support, process and procedure development, and back-up support to “business and usual” performance reporting operational tasks.

• Maintain or supervise control-related testing across the various performance tools and processes to ensure a single, cohesive approach to testing/audit protocols of reporting mechanisms and underlying data

• In collaboration with other business units, participate in the performance verification compliance process for third-party investment manager performance information on the Advisory Platform

• Help maintain business ownership of the performance reporting tools utilized for both client performance reporting and product performance reporting for the Advisory Platform

The team is headquartered in Minneapolis, MN. Candidates may also sit in the Charlotte, NC or Troy, MI office, with regular virtual collaboration via Microsoft Teams.

Required Qualifications

• 3+ years of experience in the financial services industry

• Bachelor's Degree or equivalent experience

• Post-secondary education and relevant work experience may be interchanged to meet the combined total years of minimum required qualifications for education and experience.

Preferred Qualifications

• Investment performance measurement, analysis, and reporting experience in a financial services organization (broker/dealer preferred)

• Knowledge in investment concepts, practices, procedures, management operations and tools

• Experience with both account level performance and product level composite performance.

• Conceptual and practical understanding of money-weighted and time-weighted return methodologies, performance characteristic metrics (e.g. alpha, beta), asset allocation, and benchmarking.

• Experience working with performance measurement and portfolio accounting systems (e.g., Pershing X (fka Albridge), First Rate, InvestCloud (aka APL), Informa Profile Producer, Envestnet, Morningstar Direct, & FactSet)

• Certificate in Investment Performance (CIPM) and/or Charted Financial Analyst (CFA) designation, or progress towards

• Understanding of Global Investment Performance Standards (GIPS) and ability to apply the standards to performance calculations and representations

• Knowledge of practices and procedures of retail-oriented investment products and financial planning

• Strong communications skills, both oral and written, to interact with team, business partners, advisors, senior management and vendors

• Ability to effectively and efficiently multi-task between different projects and recurring tasks

• Ability to execute on small to large scale projects with limited supervision

• Ability to establish and maintain strong relationships with vendors and across the organization

• Strong leadership skills to effectively guide junior colleagues. This is a leadership role. While it does not include direct people management, the selected candidate will lead through influence, collaboration, and subject matter-expertise

• Ability to stay current with regulatory requirements and best practices

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated base salary for this role is $100,000 - $115,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Business Support & Operations

Line of Business

FPPS Wealth Management Solutions