Senior Analyst, Investment Performance

About Our Company

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.

Job Description

As a Senior 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 office, with regular virtual collaboration via Microsoft Teams.

Required Qualifications

• 5+ 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

• Ability to stay current