Ameriprise Financial, Inc

Hedge Fund Implementation Director

Ameriprise Financial, Inc$140K — $160K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent required.
  • Experience in asset management, specifically with equities and derivatives.
  • Strong preference for candidates with equity hedge fund experience.
  • Proficient in investment technology systems such as Bloomberg and Aladdin.
  • Demonstrated ability to lead high-performing teams.
  • Strong analytical, problem-solving, and organizational skills.

Responsibilities

  • Oversee the trade order entry process ensuring clean orders reach the trading desk.
  • Coordinate complex transactions across internal and external parties.
  • Lead a small team of Portfolio Implementation Specialists, fostering a collaborative culture.
  • Represent the investment team in cross-functional initiatives like client onboarding and product implementations.
  • Engage with business partners (Compliance, Legal, Operations) to advocate for the investment team.
  • Participate in ad hoc projects supporting portfolio management and process automation.

Benefits

  • Comprehensive health, dental, and life insurance.
  • 401(k) plan with competitive employer contributions.
  • Generous vacation and sick time policy.
  • Bonus and incentive opportunities tied to performance.
Full Job Description
Job Description

We're looking for a Hedge Fund Implementation Director to lead the business management function for our growing hedge fund business. This is a unique opportunity to join a growing franchise within a highly established and reputable investment firm. The person who will be successful in this role will be someone who thrives in a fast-paced environment, takes initiative, is a continuous learner, and is able to prioritize tasks for themselves and others.

How you'll spend your time...
  • Oversee the trade order entry process for hedge fund and affiliated strategies, including developing and maintaining procedures to ensure that clean orders are received by the trading desk.
  • Coordinate the implementation of complex transactions across internal and external parties, including private equity transactions and complex derivatives trades.
  • Lead a team of 3 to 5 Portfolio Implementation Specialists/Portfolio Management Assistants who are responsible for creating trade orders in the order management system based on portfolio manager instructions. Foster a collaborative, results-driven culture across the team. Set clear performance expectations, conduct regular evaluations and provide team with professional development opportunities.
  • Represent the investment team in cross functional change initiatives, including client onboarding/offboarding/maintenance, product implementations and system implementations.
  • Face off with key business partners (ex. Compliance, Legal, Middle Office Operations, Products, Tax, Accounting, Reporting, and Performance) on behalf of the investment team.
  • Lead or participate in ad hoc projects supporting the portfolio management and portfolio implementation processes, including projects related to process automation.


To be successful in this role you will have...
  • Bachelor's degree or equivalent.
  • Experience in the asset management industry, including experience with equities and derivatives. Equity hedge fund experience is strongly preferred.
  • Experience using investment technology systems (ex. Bloomberg, Aladdin, accounting systems, attribution systems, etc.), preferably in the capacity of a subject matter expert or system administrator.
  • Experience leading high-performing teams.
  • Ability to influence and collaborate with business partners at all levels to drive results.
  • Strong analytical, problem-solving, and organizational skills, with the ability to work independently with limited direction, maintain strong attention to detail, and manage multiple tasks and projects effectively at the same 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 $140,000 - $160,000 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.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Investment 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

Similar Jobs

More Jobs at Ameriprise Financial, Inc

More Finance & Insurance Jobs

Find similar Hedge Fund Implementation Director jobs: