Investment Risk Analyst
About Our Company
Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses. We're intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.
Job Description
Columbia Threadneedle Investments, the global asset management division of Ameriprise Financial, is seeking an Investment Risk Analyst to be based in Minneapolis, MN or Boston, MA. This role assists senior risk managers to measure, monitor, analyze, and manage investment risk across Columbia Threadneedle's collection of funds. This role will provide you the opportunity to develop and improve your technical skills and the chance to be immersed in the investment organization's culture.
Responsibilities
- Engage with senior risk managers and the investment teams to understand their investment processes and the underlying investment risks.
- Review risk reports, communicate findings and raise observations to senior risk managers and business leaders, as needed; research some targeted risk issues as advised.
- Research and investigate of ad-hoc risk issues as necessary, interacting with the investment team as needed.
- Aid senior team members to analyze portfolio holdings and risk measures in order to measure, monitor, and manage investment risk; assist in the communication of risk analysis to fund managers.
- Run processes for gathering fund risk data and generating risk reports for portfolios.
- Maintain and improve risk data reporting solutions and creation of visualizations/reports to help run the investment risk process.
- Monitor the integrity and accuracy of the data in the system, work with Technology and Operations to resolve system and portfolio data issues as necessary.
Required Qualifications
- Degree in a quantitative field such as Finance, Mathematics, Statistics, Computer Science, Engineering, Economics, Mathematics or other relevant area of study.
- Critical thinking and analysis skills are more important than the area of study.
- Programming/coding experience with Python (or similar) and Snowflake/SQL.
- Knowledge of financial market instruments including options and derivatives.
- Professional and/or educational experience in risk management, investments, and/or finance.
- Demonstrated passion for markets is critical.
- Excellent analytical capabilities and ability to understand quantitative models.
- Good general understanding of investment management and financial risk management.
- Capable of taking initiative on broader IRM goals to improve departmental capabilities.
- Excellent written and verbal communication skills.
- Ability to handle several tasks, prioritize effectively, meet goals and deliver high quality, accurate work in a fast-paced environment.
- Ability to maintain good relationships with business partners.
Preferred Qualifications
- Possessing an advanced degree in a quantitative field (economics, mathematics, physical sciences, finance, or statistics) is preferred.
- Preference will be given to candidates with Master of Financial Mathematics.
- Achievement of, or progress towards professional designations such as CFA (Chartered Financial Analyst), FRM (Financial Risk Manager), or PRM (Professional Risk Manager) are relevant though not required.
- Preference will be given to candidates with 2+ years of experience preferably in risk management, investment management, or capital markets.
- Experience and familiarity with Blackrock Aladdin or other risk systems and Tableau is relevant but not required.
Pay
Base Pay
The estimated base salary for this role is $87,400- $120,200 / 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.
Benefits
We 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.
Schedule
Full Time
Exempt/Non-Exempt
Non-Exempt
Job Family
Group Business Support & Operations
Line of Business
AMINV US Asset Management