Investigator II

00001 Ameriprise Financial Inc; Minneapolis (MN); Hybrid; USD 67,000 - 92,000; Full time

Benefits offered by this job

401(k)

Health insurance

Vacation time

Sick time

Job summary

Ameriprise Financial is looking for an Investigator II to identify and analyze suspicious activity, fraud risks, policy violations, and financial crime concerns that affect clients and the firm. You will safeguard client assets, preserve the firm’s reputation, and strengthen fraud detection and prevention efforts.

The role requires a 4-year degree, 3–5 years of relevant experience, and solid investigative competencies.

Qualifications

• Bachelor’s degree or equivalent (4-years) and 3–5 years of relevant experience.
• Demonstrated fraud, compliance, and investigative competencies.
• Experience handling general investigations.
• Solid knowledge of fraud, compliance, physical security, and regulations.
• Strong interviewing skills.
• Ability to manage, prioritize, and complete multiple tasks.
• Strong written and verbal communication skills.
• Solid analytical and problem-solving skills.
• Solid computer and software skills across internal systems.

Responsibilities

• Conduct internal/external investigations of high-risk compliance matters, financial fraud, and other sensitive issues.
• Investigate low-to-medium risk matters relative to financial risk, scope and complexity.
• Provide advanced investigative and analytic support, gather related information, and make recommendations.
• Data mine internal and external systems to obtain supporting documentation.
• Perform basic data analysis to identify problems and mitigate risk.
• Work with clients and departments on escalated/high-profile investigations.
• Analyze and interpret account transactions to identify fraudulent activity.
• Assist with detecting fraudulent accounts and monitoring for suspicious activity.
• Provide training on processes and emerging fraud trends.

Skills

Fraud investigations

Investigative skills

Analytical thinking

Communication skills

Data analysis

Regulatory knowledge

Interviewing

Multitasking

Education

Bachelor's degree

Tools

Internal systems

Job description

About Our Company

We’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 Description

Protecting clients from fraud and financial exploitation is at the core of this role. As an Investigator II, you will identify and analyze suspicious activity, fraud risks, policy violations, and financial crime concerns that impact clients and the firm. Using strong analytical and investigative skills, you will detect emerging threats, uncover critical insights, and take timely action to prevent losses and mitigate risk. This role plays a key part in safeguarding client assets, preserving the firm’s reputation, and strengthening our fraud detection and prevention efforts.

Key Responsibilities

Conduct internal/external investigations of high risk compliance matters, financial fraud, and other sensitive/internal matters. Investigate low-to-medium risk matters relative to financial risk, scope, and complexity. Provide advanced investigative and analytic support, gather and track related information, and make appropriate recommendations. Complete data mining of internal and external systems to obtain appropriate supporting documentation. Complete basic data analysis to identify potential problems and mitigate risk throughout the firm. Work with clients and other departments on escalated and high-profile investigations. Analyze and interpret account transactions to identify fraudulent and suspicious activity. Take the necessary steps to detect fraudulent accounts, monitor for controlled addresses, and meet the requirements of the USA PATRIOT Act. Assist business and staff units to review and assess potential problems and risk exposures. Create, manage, and implement processes and procedures. Provide detailed subject matter support on projects. Maintain current knowledge of industry practices, developments, products, services and trends, including relevant laws and regulations related to fraud and compliance. Provide training to investigators on processes and other departments on emerging fraud trends.

Required Qualifications

Bachelors degree or equivalent (4-years) 3-5 years of relevant experience Demonstrated fraud, compliance, and investigative competencies. Experience handling general investigations. Solid knowledge of fraud, compliance, physical security, and relevant laws and regulations. Solid interviewing skills. Solid ability to manage, prioritize, and complete multiple tasks. Solid written and verbal communication skills. Solid analytical and problem-solving skills. Solid computer and software skills, including working knowledge of several internal systems from across the organization and product lines.

Preferred Qualifications

Facilitation skills. Working knowledge of Ameriprise products, services and business lines related to area of responsibility.

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.

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).

Base Pay Salary

The estimated base salary for this role is $66,700 - $91,700 / 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

Legal Affairs Line of Business GCO General Counsel's Organization Ameriprise 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.

Company Background

Since 1894, Ameriprise Financial has helped people feel more confident about their financial future. Guided by strong values and a deep commitment to clients, we've remained a trusted leader in financial planning and advice for more than 130 years. Through our businesses, Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance & Annuities, we deliver advice, investment and protection solutions designed for long-term success. While each business brings distinct capabilities and expertise, all are united by our unwavering focus on clients and a strong financial foundation. For you, that means the opportunity to build a meaningful career in a high-performing, collaborative culture where your expertise can grow, your contributions are valued and your work can make a real impact. As a global financial services company with three complementary businesses, the breadth of our capabilities sets us apart. It also creates unique opportunities for employees to learn, collaborate and grow their careers: Ameriprise Financial: Financial planning, advice and wealth management. Columbia Threadneedle Investments: Global asset management serving individual, institutional and corporate clients. RiverSource Insurance & Annuities: Products and solutions designed to help clients protect and grow their wealth.