Ameriprise Financial, Inc

Director, Deferred Compensation and LTIA

Ameriprise Financial, Inc$117K — $207K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent (4 years)
  • 10+ years of experience, including 5+ years in benefits functional areas
  • Deep expertise in deferred compensation and equity programs
  • Experience in vendor management
  • Strong financial and analytical skills for evaluating program cost and effectiveness
  • Excellent communication skills for delivering complex information
  • Proven leadership abilities with a focus on team development

Responsibilities

  • Lead administration of deferred compensation and LTIA programs for eligible employees, ensuring alignment with organizational goals
  • Advise senior leaders and stakeholders on program design and optimization based on collaboration and expertise
  • Collaborate with Legal, Finance, HR, Payroll, and external advisors to balance competitiveness and compliance
  • Analyze existing programs and costs to identify opportunities for simplification and enhanced value
  • Ensure compliance with federal and state regulations and manage 409A risk
  • Translate complex regulations into practical program designs for stakeholders
  • Maintain relationships with external vendors to ensure service accuracy and compliance

Benefits

  • Comprehensive benefits program supporting health and well-being
  • Includes vacation time, sick leave, and a 401(k) plan
  • Health, dental, and life insurance offerings
  • Pay-for-performance compensation philosophy
  • Eligible for variable pay based on performance
Full Job Description
Job Description

The Director of Deferred Compensation and Long Term Incentive Awards (LTIA) provides strategic leadership and operational oversight for the organization's deferred compensation and LTIA programs. This role is accountable for ensuring programs are compliant, well governed, cost effective, and aligned with organizational objectives.

A critical component of the role is consulting closely with internal stakeholders and clients-often without direct reporting authority-to influence program design, simplify administration, and proactively manage 409A risk.

Key Responsibilities
  • Provide leadership for the administration of deferred compensation and LTIA programs for eligible employees, ensuring programs align with organizational strategy, business priorities, and talent objectives.
  • Act as a trusted advisor and consultant to senior leaders and key internal stakeholders, influencing decisions related to program design, modifications, and optimization through expertise, credibility, and collaboration rather than formal authority.
  • Partner cross functionally with Legal, Finance, HR, Payroll, HR Operations, and external advisors to balance competitiveness, employee needs, fiscal responsibility, and regulatory requirements.
  • Lead analysis of existing programs and associated costs to identify opportunities to simplify plan design, enhance benefit value, and reduce operational and compliance risk, including 409A exposure.
  • Ensure all deferred compensation and LTIA programs are administered in compliance with applicable federal and state regulations, with a strong focus on anticipating, mitigating, and managing 409A risk and administrative complexity.
  • Guide stakeholders through complex regulatory considerations, helping translate technical requirements into practical, sustainable program designs.
  • Own and maintain strong relationships with external deferred compensation and LTIA recordkeeping vendors, providing oversight to ensure service levels, accuracy, and compliance standards are met.
  • Oversee vendor processes related to new awards, vesting, distributions, and participant support, ensuring operational practices reinforce simplification and risk management objectives.
  • Develop and lead communication strategies for new or modified deferred compensation and LTIA programs, including annual enrollment materials, timelines, and participant guidance.
  • Partner with stakeholders to ensure communications are clear, accurate, compliant, and designed to promote informed decision making while reducing misunderstanding and compliance risk.
  • Lead, coach, and develop a team responsible for the day to day administration and governance of deferred compensation and LTIA programs, fostering accountability, technical expertise, and continuous improvement. Provide ongoing feedback, formal performance reviews, and career development guidance to direct reports. Build team capabilities in consultative leadership, stakeholder influence, and risk aware decision making to support both operational excellence and strategic partnership.


Required Qualifications
  • Bachelors degree or equivalent (4 years)
  • 10+ years of experience, with 5+ years experience in one or more benefits functional areas.
  • Depth of experience/knowledge in deferred compensation and equity programs.
  • Previous vendor management experience.
  • Knowledgeable of deferred compensation and equity arrangements.
  • Strong financial and analytical skills to analyze cost and effectiveness.
  • Excellent written and verbal communication skills for preparing benefit program communications and delivering information to others.
  • Experienced people leader with demonstrated track record of building an effective team.


In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

Base Pay Salary

The estimated base salary for this role is $117,900 - $207,100 / 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.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Human Capital

Line of Business

HR Human Resources

About Ameriprise Financial, Inc

Ameriprise Financial, Inc Careers

Joining Ameriprise Financial, Inc presents an unparalleled opportunity to advance your career with a leader in financial services. Our team of professionals is dedicated to fostering an environment of growth, innovation, and leadership. Work You’ll Do At Ameriprise Financial, Inc, you will be part of a culture that thrives on diversity, professional excellence, and ethical standards. Our employees are empowered to master their roles and contribute to the company’s success through continuous personal and professional development. Transform Your Career Lead your career on a path of continuous growth with Ameriprise Financial, Inc. Our company stands at the forefront of the financial industry, integrating cutting-edge technology and substantial market expertise to deliver exceptional service to our clients. Work with a team of skilled professionals who are committed to a culture of innovation and exceptional leadership. Collaborate on projects that reshape financial planning and improve client outcomes. Ameriprise Financial, Inc Job Opportunities We are actively hiring and have a variety of job opportunities that cater to different skills and career levels. From entry-level positions to leadership roles, Ameriprise Financial, Inc offers a dynamic work environment where your skills will be honed and your achievements recognized. Join our team and contribute to our mission of helping clients achieve their financial goals. Explore positions in areas such as financial advising, customer service, IT, and more. Internship Programs Kickstart your career with an Ameriprise Financial, Inc internship. Our internships provide invaluable workplace experience, networking opportunities, and insights into the financial services industry. Interns at Ameriprise Financial, Inc are crucial team members, working alongside seasoned professionals and contributing to real-world projects. Benefits and Growth Ameriprise Financial, Inc is committed to the growth and development of our employees. We offer competitive benefits, diversity training, and professional development programs that encourage our team to stay ahead in the industry. Our benefits package includes health, dental, and vision insurance, retirement plans, and generous paid time off. Leadership and Development Develop your leadership skills through targeted training and mentorship at Ameriprise Financial, Inc. We believe in nurturing leadership potential and offer various programs designed to help you grow into a visionary leader within the company. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are looking for passionate, curious, and driven team players. Start your journey with Ameriprise Financial, Inc today and build a career that you can be proud of. SEARCH AMERIPRISE FINANCIAL JOBS Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Ameriprise Financial, Inc.
Learn more about Ameriprise Financial, Inc
Size
12,000 employees
Market Cap
$32.7 billion
Industry
Net Income
$1.5 billion
Founded
1894
5 Year Trend
+2.6%
Revenue
$11.9 billion
NASDAQ

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