Director of Product Governance

Ameriprise

Boston, MA

JOB DETAILS
SKILLS
Administrative Skills, Analysis Skills, Annuities, Benchmarking, Customer Relations, Finance, Fund Management, Identify Issues, Insurance, Investment Management, Investment Strategy, Mutual Funds, Pricing, Problem Solving Skills, Product Development, Product Documentation, Product Management, Product Requirements Document (PRD), Project/Program Management, Regulations, Regulatory Compliance, Returns Processing, Revenue Management, Risk, Risk Management, Securities, Series 7, Team Lead/Manager, Team Player, Trend Analysis
LOCATION
Boston, MA
POSTED
4 days ago

Were intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.

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.

About the Company

A

Ameriprise

About Ameriprise Financial

Ameriprise Financial combines a team-based atmosphere with an entrepreneurial spirit. We are an organization that emphasizes learning and growth, rewards you for your achievements and fosters a healthy work/life balance.

From our Minneapolis headquarters throughout our offices nationwide, you'll find we live our values every day — client focused, integrity always, excellence in all we do and respect for individuals and communities. We embrace diversity in our ideas, management, employee groups and clients.

Our Investment in You

We provide employees and branch advisors with competitive compensation and rewards. Our comprehensive benefits support your health and help you balance your career and personal life. Ameriprise invests in you through compensation, retirement savings, health benefits, wellness programs, work/life balance programs, veteran benefits, etc.

Your Career at Ameriprise

When you join our corporate team, you receive competitive compensation and incentives, opportunities to share in the company's success plus comprehensive benefits. Our employees also enjoy business resource networks, transportation assistance, community service opportunities, and an on-site cafeteria.

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Learn More About Joining Ameriprise

Thrive in a Respectful, Supportive Environment

We have a diverse, values-based culture that embraces individual differences and encourages you to perform at your peak. We recognize your achievements and understand that work is one of the many important aspects in your life. While maintaining respect for that life balance, we help you advance your career and reach your goals.

Learn More About Diversity and Inclusion at Ameriprise

Build a Career that Matters to You

At Ameriprise Financial, we believe that learning is a lifelong endeavor. No matter where you are in your career path, we encourage all employees to take advantage of our professional development programs, offered in a variety of ways. Learn on your own, collaborate with a peer or work with an experienced colleague. Whatever your learning style, Ameriprise gives you the opportunity to reach your potential.

Being an Ameriprise Advisor

Join a strong, ethical company that offers you what you need to build a rewarding career as a financial advisor: Culture & Commitment, Dedication & Support, and Opportunity & Rewards. Ameriprise is committed to helping you achieve the vision you have for your practice. With training in financial planning and the backing of a strong, stable FORTUNE 500® company, you’ll discover unparalleled culture, support, and opportunities to build a successful practice. That’s the Ameriprise Difference.

Learn More About Ameriprise Advisor Support

Opportunities for Students

Join an inclusive team to gain career-building skills and network in a supportive, high-energy, team-based atmosphere. Learn through real-world work and collaboration with leaders on projects that produce results through our Internship Program or gain valuable professional experience and build leadership skills through our full-time Leadership Development Program. You’ll also engage in team-building/social events, volunteer activities, executive leadership seminars, and networking opportunities.

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COMPANY SIZE
10,000 employees or more
INDUSTRY
Financial Services
FOUNDED
1894
WEBSITE
https://www.ameriprise.com/careers