Ameriprise Financial
Middle Office Change Specialist - Derivatives
Minneapolis, MN
Nov 23, 2024
Full Job Description
This role is part of the Global Operations team operating out of the US, UK and India. This role will be responsible for Derivative change and on-boarding as well as relationship management. This will include business change relating to new products, clients, counterparties, prime brokers and strategic initiatives.

Key Responsibilities
Manage the CSSC, NITAP and New Counterparty on-boarding processes and workflows to ensure accurate recording of product approvals and timely implementation. This includes maintaining the SharePoint workflows and databases, reporting and prioritization of projects.

Manage the client change and account onboarding processes. Work closely with the client change team to ensure new fund launches are completed in a timely manner. Understand overall onboarding processes and upstream/downstream impacts. Work with Derivative processing team to ensure smooth transition to BAU and to ensure accurate completion of system setup.

Work on major product development projects and other strategic changes. This may include system enhancements, process improvements, new product implementations, regulatory change implementation and other business initiatives.

Manage departmental relationships with prime and clearing brokers and other vendors. Monitor service against SLAs, analyze trends, hold regular meetings to progress initiatives.

Provide backup coverage and bench strength to the North American Alternative Investment team. Learn daily processes for OTC derivatives, cleared derivatives, ETDs, payments and mortgage settlements.


Required Qualifications
Relevant industry and work experience in an Operations Department.
Previous leadership experience.
Strong interpersonal and communication skills, both oral and written, to deal effectively with internal business partners.
Attention to detail and deadline oriented.

Preferred Qualifications
Ability to manage multiple tasks
Ability to work with team as well as collaborate with cross - functional teams
Knowledge of Investment tools - Aladdin, Bloomberg, SharePoint, Markit, etc.

About Our Company
We're a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 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.

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.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Mutual Fund Operations

Line of Business

AMINV US Asset ManagementPDN-9d8dee07-3020-4878-bb74-efd5675dc0a4
Job Information
Job Category:
Finance
Spotlight Employer
Related jobs
Market Clerk
Lassen s Natural Foods
Benefits include 11+ days per year of paid time off, health insurance options, and a 401k for full time Team Members, plus a Team Member discount. Work schedules are flexible per the needs of the busi...
Nov 26, 2024
Los Angeles, CA
Description:$3,000 sign-on bonus available! *At BRIA, we are community-driven with a focus on work-life balance. Our rehabilitation centers offer a compassionate care environment, empowering you.Regis...
Nov 26, 2024
South Chicago Heights, IL
TrueCare - Family Medicine - OceanisdeDo you have a heart for service and are you looking for an opportunity to contribute to your local community as a Medical Assistant? Now is your chance to join...
Nov 26, 2024
Oceanside, CA
©2024 Alpha Phi Alpha Fraternity, Inc.
Powered by TalentAlly.
Apply for this job
Middle Office Change Specialist - Derivatives
Ameriprise Financial
Minneapolis, MN
Nov 23, 2024
Your Information
First Name *
Last Name *
Email Address *
Zip Code *
Password *
Confirm Password *
Create your Profile from your Resume
By clicking the Apply button, you agree to the terms of use and privacy policy.
Continue to Apply

Ameriprise Financial would like you to finish the application on their website.

Ace your interview with AI-powered interview practice

Get comfortable talking to hiring managers, receive personalized feedback on areas for improvement, sharpen your ability to answer the most common questions, and build confidence in formulating strong responses on the spot. Click the button below to begin your three free virtual interviews!