Advisory Trading Specialist

Ameriprise Financial; Charlotte (NC); On-site; USD 62,000 - 94,000; Full time

Benefits offered by this job

Health, Dental & Life Insurance

Vacation & Sick Time

401(k)

Job summary

Ameriprise Financial is seeking an Advisory Trading Specialist to initiate day-to-day trading and operations for discretionary managed accounts. This role involves cross-functional collaboration, trade validation, and research of escalated items to ensure accurate executions.

The position supports Active Portfolio Mutual Fund and ETF portfolios, including complex drift trading and auto-rebalance strategies.

Qualifications

• Bachelor's degree or equivalent experience.
• 1-3 years of relevant experience.
• Strong attention to detail and accuracy.

Responsibilities

• Perform daily trading of Active Portfolio Mutual Fund and ETF portfolios and drift trading for Select Separate Models.
• Provide support to business partners with trading and model maintenance; respond to client requests and escalations.
• Develop relationships with internal and external partners; improve systems and processes.

Skills

Attention to detail

Work under pressure

Strong communication

Education

Bachelor's degree or equivalent experience

Tools

APL

BETA

BondDesk

Brokerage Mainframe

SSRS/SharePoint

MS Access

Job description

About Our CompanyWe’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.Job DescriptionThe Advisory Trading Specialist will initiate the day-to-day trading and operations for all discretionary managed account products. This role will have excellent visibility working cross functionally with business partners to process client requests, answer trade related inquiries and conduct research of escalated items. We are committed to fostering an inclusive and collaborative team environment, while helping you reach your career goals!Key ResponsibilitiesPerform daily trading of our Active Portfolio Mutual Fund and/or ETF portfolios traded on-team, as well as the highly complex Drift trading process for internally- traded Select Separate Models Only and ETF strategies, and auto-rebalance trading and validation for our SPS Advantage product. This includes trade origination, pre and post trade validation, and reject and exception processing.Provide support to business partners with trading and maintenance to models, processing client requests, and answering trade related questions/assisting with research of escalated items.Build and maintain support relationships with internal WMS and Capital Markets Trading business partners, as well as external money managers and vendors. Collaborative work with third party money managers regarding model trading and client requests.Continuous development of on-team systems, tools, and process knowledge.Required QualificationsBachelor's degree or equivalent experience1-3 years of relevant experienceStrong attention to detail, highly organized, and possesses a strong work ethic.Ability to work under pressure and meet tight deadlines while maintaining a high degree of accuracy.Strong communication skills.Preferred QualificationsExperience with order entry for the following security types: Stocks, ETFs, Bonds, Mutual Funds and Options.Experience with the following systems: APL, BETA, BondDesk, Brokerage Mainframe, SSRS/SharePoint, MS Access.Base Pay SalaryThe base salary is $62,300.00 - 93,500.00 USD Annual and maybe 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-TimeFull timeExempt/Non-ExemptNon-ExemptJob Family GroupBusiness Support & OperationsLine of BusinessCLEAR ClearingAmeriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.