Ameriprise Financial, Inc

Sr Sales Representative-Institutional

Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of 10 years in institutional asset management sales
  • Proven asset-raising track record with institutional contacts
  • Strong understanding of investment products
  • Experience with long-term institutional accounts in Public Funds
  • Excellent sales development skills
  • Team player mentality
  • Relevant licensing (Series 7, 3, and 66) or ability to obtain shortly

Responsibilities

  • Grow firm AUM by offering investment strategies to institutions
  • Follow the institutional sales and marketing business plan
  • Engage in contractual discussions and negotiations with clients
  • Provide market feedback and product ideas to leadership
  • Enhance firm profile at industry conferences and events
  • Agree to individual performance indicators regarding activity and growth
  • Play a key role impacting the firm's profitability

Benefits

  • Comprehensive health, dental, and life insurance
  • 401(k) plan
  • Paid vacation and sick leave
  • Incentive programs including bonuses and commissions
  • Support for health and well-being
Full Job Description
Job Description

Columbia Threadneedle Investments is seeking a Senior Institutional Sales Director focusing on Public Funds in the Eastern United States. The individual will have responsibility for raising assets across Columbia Threadneedle Investments' product suite inclusive of equity, fixed income and alternative offerings.

Key Responsibilities
Grow firm AUM by offering competitive equity, fixed income and alternatives strategies to institutions in the assigned territory. The individual will follow the current institutional sales and marketing business plan, including agreeing to a series of individual key performance indicators with regards to activity, sales, revenue and growth in AUM.

As a Senior Institutional Sales Director, he/she will be required to enhance Columbia Threadneedle Investments' profile through participation in industry conferences and events. Additionally, he/she will participate in contractual discussions and negotiations with new clients as well as provide institutional market feedback and product development ideas to the leadership team. This is a highly visible role with an impact on the overall profitability of the business.

The candidate sought for this role will be required to have a proven track record of successful institutional sales results. Outstanding knowledge of the institutional distribution channel, and existing contacts in key centers of influence. He/she should demonstrate a highly focused, proactive and strategic approach to business development and a strong desire and proven track record in the region.

Required Qualifications
  • Minimum of 10 years of experience in institutional asset management sales
  • A demonstrated track record of significant asset raising with well-established institutional contacts
  • Strong business acumen with a comprehensive knowledge of investment products
  • Prior experience with complex long-term institutional accounts in the Public Fund space
  • Superior sales development skills
  • Demonstrated experience being a team player
  • Series 7 (or SIE and Series 7 top off exam), Series 3 and 66 (or 63 & 65 combined) or the ability to obtain within 90 days


Base Pay Salary

The estimated base salary for this role is $200,000 / 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.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Sales

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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