Portfolio Implementation Specialist at Ameriprise Financial Services, LLC

Boston, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Apr, 26

Salary

97000.0

Posted On

03 Jan, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Attention To Detail, Interpersonal Skills, Collaboration, Investment Systems, Financial Markets, Trade Orders, Portfolio Management, Cash Monitoring, Market News, Compliance Approvals, Analytical Skills, Communication, Teamwork, Problem Solving, Time Management, Research

Industry

Financial Services

Description

Columbia Threadneedle is looking for an Implementation Specialist to join the team supporting our growing hedge fund business. The person who will be successful in this role will be someone who thrives in a fast-paced environment, is a continuous learner and is able to prioritize tasks for themselves and others. What you’ll do: Enter trade orders into the order management system, monitor limit orders, and seek pre-trade compliance approvals when necessary. Ensure that “clean orders” are received by the trading desk for execution. Prepare portfolio rebalances while following established protocols for each fund. Work with portfolio managers and traders to ensure that investment ideas are effectively and efficiently implemented. Validate and monitor cash levels throughout the day. Provide daily trade, position and cash reports to portfolio managers and analysts. Provide market news and commentary as requested by portfolio manager. Act as a liaison between the investment team and other internal business partners, including trading, fund administration, client services, legal, and operations. Understand firm policies, procedures and specific investment account guidelines as they relate to the strategies supported. Act as team subject matter expert on investment systems, including the order management system, attribution and risk systems. Perform other ad-hoc requests, including limited research and special analytics projects. Required Qualifications: Bachelor’s degree or equivalent work experience Strong interpersonal skills and the ability to collaborate with multiple teams at multiple levels Attention to detail, accuracy and timeliness Experience with (or the ability to quickly learn) specialized investment systems An interest in financial markets 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 $71,900- $97,000 / 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 Non-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 Portfolio Implementation Specialist will enter trade orders, monitor limit orders, and prepare portfolio rebalances while collaborating with portfolio managers and traders. They will also validate cash levels and provide daily reports to the investment team.