This role is in the Wealth, Trading & Production Solutions (WTPS) department. The individual will complete reviews across investment product lines (such as exchange funds, hedge funds, handled futures funds, BDCs, CEFs, REITs, private equity, estate placements and 1031 exchanges). This role analyzes investment management teams, strategy, structure, performance, compliance, fees and distribution potential. They will evaluate marketplace trends and build external relationships, encouraged to be a guide in firm-wide business and regulatory initiatives.
Responsibilities
- Conduct due diligence reviews on new and existing non-daily liquid alternative investments including on-site/virtual visits and interviews with senior management of the firm
- Evaluate fund and firm structure, investment thesis, performance, valuation procedures, fees, legal & compliance environment and distribution capabilities
- Collaborate with Product Management team to assess market place opportunities and develop the offering platform
- Support product training, including advisor-facing content as well as internal Ameriprise sales team materials
- Serve as point of contact and authority for alternative investments
- Lead and influence internal, cross functional meetings
- Engage the Investment Research Group, General Counsel's Office and Compliance to ensure that all aspects of product requirements are met
Required Qualifications
- Bachelor's degree or equivalent experience
- Minimum of 7 years financial services experience including investment and research experience
- Minimum of 5 years alternative investments experience (preferably non-daily liquid)
- Deep knowledge of the alternative investments industry and product characteristics, financial/operational aspects of managers, compliance rules and regulations is required
- Experience working within and across a large structure
- Strong research capabilities, problem-solving skills and attention to detail
- Ability to work independently
- Effective verbal, written and interpersonal abilities
- Active Series 7 and Active Series 24 or the ability to acquire the first within 120 days and the second within 90 days
Preferred Qualifications
- Master's degree, CMA or CAIA
- Experience with Preqin or other manager research tools
- Experience with Microsoft Access or other modeling skills
- Experience with SEC and FINRA rules/regulations
About Our Company
At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law. |
