Ameriprise Financial, Inc

Director of Product Governance

Ameriprise Financial, Inc$147K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of product management experience in investment-related products
  • In-depth understanding of regulatory compliance for investment vehicles
  • Strong analytical and problem-solving abilities using data analysis
  • Proven project management skills
  • Excellent collaboration and influence across various levels of the organization
  • Series 7 and 66 licenses (or ability to obtain)

Responsibilities

  • Serve as Secretary for the Columbia Threadneedle Product Advisory Committee
  • Lead discussions on business management issues like pricing decisions
  • Host monthly meetings for product changes and new product launches
  • Own and update all Product team process documentation
  • Prepare team for presentations to Investment Oversight Committee and Columbia Funds Board
  • Manage portfolio manager changes and responses to regulatory actions
  • Coordinate product actions requiring collaboration across departments

Benefits

  • Flexible work-from-home policy (1 day per week)
  • In-office collaboration presented as foundational to success
  • Comprehensive health, dental, and life insurance plans
  • 401(k) plan with potential contributions or matches
  • Competitive paid time off for vacation and sick days
  • Culture fostering personal connection and team collaboration
Full Job Description
The Director of Product Governance will represent product management and development in firm-wide initiatives, actively participating in the product team effort to maintain and improve the product line-up. You will have regular exposure to the heads of Investment Management, General Counsels Organization, Operations, and Risk in order to facilitate changes to investment products and will be a structural expert in vehicles for delivery of investment strategies, including mutual funds, variable products, ETFs and closed-end funds. Key Responsibilities - Serving as the Secretary of the Columbia Threadneedle Product Advisory Committee (PAC) - Participating in business management issues, such as 15C/pricing decisions - Hosting a monthly product change/new product implementation meeting communicating and coordinating changes to existing products and new fund launches. - Ownership of all Product team process documents, including Product Management and Development Routines, PAC Charter, Committee Stakeholder readiness documents - Managing team preparation for the Investment Oversight Committee and the Columbia Funds Board - The candidate will carry a high visibility role in exercises such as Portfolio Manager changes and product management’s response to regulatory actions Some examples of governance responsibilities include: - Working with finance to manage revenue impacts in advance of strategy changes or product rationalizations - Owning the process of implementing and communicating portfolio manager changes - Managing product responsibilities for share class consolidations/additions, share class splits/reverse splits, fund mergers, product name changes, benchmark adds/changes, modifications to investment mandates, and ETF conversions - Coordinating with 5P and Investment Risk Management as appropriate for fund actions, including strategy changes/modifications - Working with product development industry developments, understanding new vehicles and complex securities - Managing the internal seed deployment/return process for NA Product - Represent the Product team in the continued development/ expansion of Product Master Requirements - Ability to influence and collaborate with or lead across the organization and at all levels to drive results. - Strong analytical and problem-solving skills using data to identify trends and issues and potential ways to solve the issue. - Experience with assigned product including understanding of compliance rules and regulations for product and industry. - A solid understanding of concepts related to assigned product and ability to explain these to others. - Project management experience. - Series 7 (or SIE and Series 7 top off exam) and 66 (or 63 & 65 combined) or the ability to obtain within a defined period of time. 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). 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. Base Pay Salary The estimated base salary for this role is $147,400 - $180,100 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. Full-Time/Part-Time Full time Exempt/Non-Exempt Exempt Job Family Group Marketing/Product Management Line of Business AMINV US Asset Management

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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