Analyst, Investment Performance

About the role

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Responsibilities

• Conduct research, define and document business requirements, and provide analytical and reporting support.
• 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.
• 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.
• Help maintain business ownership of the performance reporting tools utilized for both client performance reporting and product performance reporting for the Advisory Platform.

Requirements

• 3+ years of experience in the financial services industry.
• Bachelor's Degree or equivalent 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.
• Understanding of Global Investment Performance Standards (GIPS) and ability to apply the standards to performance calculations and representations.

Benefits

• Base Pay: $100,000 - $115,000 / year.
• Variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role.
• 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.

Schedule

• Full-time.

Pay

• Exempt.