CFO/Operating Partner, Seligman Venture Partners at Ameriprise Financial Services, LLC

Menlo Park, California, United States -

Full Time

Start Date

Immediate

Expiry Date

28 Dec, 25

Salary

300000.0

Posted On

29 Sep, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Oversight, Budgeting, Portfolio Management, Risk Monitoring, Investment Performance, Legal Collaboration, Financial Analysis, M&A Analysis, Due Diligence, Capital Raises, Strategic Planning, Valuation, CPA, MBA, Investor Relations, Forecasting

Industry

Financial Services

Description

Responsible for financial oversight of the Fund including budgeting, managing transaction related legal advice and expenses, portfolio valuations, reserve tracking, and audit coordination. This individual ensures that the firm’s funds are structured, managed, and reported accurately, while also enabling smooth internal operations and investor relations. Responsibilities Oversee portfolio management, including performance tracking, governance, and exit strategies. Monitor material non-public information related to public companies that the Venture team learns of in the course of their day-to-day activities and board relationships with private companies. In addition, individual will monitor portfolio risk, calculate fund and individual company investment performance, and produce reports for venture fund limited partners and serve as primary liaison for communicating to fund LPs and other Columbia / Seligman funds invested in the venture team’s portfolio companies Collaborate with legal, finance, and compliance teams to ensure smooth deal execution. Collaborate with legal, finance, and compliance teams to ensure smooth deal execution. Utilize scenario-based forecasting to help in prospective investment decisions regarding venture investments. Lead sourcing and execution of venture investments. Requirements Experience in Finance or Accounting roles such as financial planning and analysis, financial audit, securities research, or investment banking. Must have the financial and business acumen to serve as a Board member of private technology companies if needed. Moreover, the individual should be able to step in to serve as a financial advisor or even as an interim Chief Financial Officer for the team’s portfolio companies. From time to time, Operating Partner may need to help portfolio companies with M&A analysis, due diligence of prospective hires or partnerships with other companies, and guide portfolio companies through capital raises and strategic planning. Preferred Experience with valuing private companies. CPA and /or MBA also preferred. #LI-DNI 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 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of 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. Base Pay Salary The estimated base salary for this role is $225,000 - $300,000 per 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. We also 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. 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 Investment Management Line of Business AMINV US Asset Management We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in countries, we advise, manage and protect assets and income of 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

The CFO/Operating Partner is responsible for financial oversight of the Fund, including budgeting, portfolio valuations, and audit coordination. This role also involves overseeing portfolio management and collaborating with legal, finance, and compliance teams to ensure smooth deal execution.