Product Manager - Wealth Management

RiverSource Life Insurance Company; Minneapolis (MN); Hybrid; USD 74,000 - 129,000; Full time

Job summary

RiverSource Life Insurance Company in Minneapolis, MN, seeks a Product Manager for Wealth Management to lead critical processes, reports and audits across the advisory platform. You will partner with Technology, Compliance, Legal, Marketing and external vendors to enhance advisor and client experiences.

The role requires a Bachelor's degree, 5+ years in financial services, strong analytical skills, knowledge of Ameriprise product suite and a Series 7 or ability to obtain within 120 days.

Qualifications

• Bachelor's degree or equivalent experience.
• 5+ years financial services experience.
• Strong strategic and analytical skills to solve complex problems.
• Knowledge of Ameriprise product suite.
• Active Series 7 or ability to obtain within 120 days.

Responsibilities

• Serve as business lead and SME on projects across product lines and initiatives.
• Support development and enhancement of advisor and client experiences across the advisory platform.
• Ensure compliance through regular reviews of policies, procedures, reports and controls.
• Provide quantitative and qualitative analysis to identify opportunities and trends.
• Collaborate with Technology, Operations, Compliance, Legal, Marketing and vendors.
• Lead efforts to grow assets, advisor adoption and platform profitability.
• Transition product development initiatives into ongoing product management.

Skills

Strategic thinking

Analytical skills

Communication

Project management

Education

Bachelor's degree or equivalent experience

Tools

JIRA

Agile

Thomson One/Refinitiv

Job description

## Product Manager - Wealth ManagementApply: On-Site: Minneapolis, Minnesota: Charlotte, North Carolina: Full time: Posted Today: End Date: December 31, 2026 (30+ days left to apply): R26\\_4059**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**The Product Manager role, within the Wealth Management business group, will be responsible for managing business/product critical processes, reports and audits. This role will also represent the wealth management products group as a subject matter expert and liaison with project initiatives.The Product Manager role, within the Wealth Management Solutions – Product and Platform Solutions Development team, serves as a subject matter expert for the advisory platform, supporting initiatives that enhance the advisor and client experience across the advisory platform. This role partners across the organization to enhance advisory solutions, resolve complex issues, and maintain a strong compliance environment. **Key Responsibilities*** Serve as a business lead and/or subject matter expert on projects of varying scale across product lines; representing advisory products on cross-organizational projects and initiatives.* Support the development and enhancement of the advisor and client experience across the advisory platform.* Ensure a strong compliance environment through regular review of policies, procedures, reports, and controls; identify required changes and support implementation.* Provide quantitative and qualitative research and analysis to identify opportunities, evaluate industry trends and competitor offerings, and make recommendations related to product enhancements, platform changes, and new offerings.* Partner with Technology, Service, Operations, Compliance, Legal, Marketing, Training, and external vendors to develop and improve advisory products, programs, and platform capabilities.* Develop and enhance programs and platform features that support asset growth, net flows, advisor adoption, client engagement, revenue generation, and firm profitability.* Lead product efforts that support advisor acquisition, broaden platform usage, and grow client assets under management.* Lead resolution of complex and non-routine advisor and client issues by working across internal teams, vendors, and partner organizations.* Build and maintain effective relationships with business partners, stakeholders, and third-party providers.* Lead the transition of product development initiatives into ongoing product management, including process, procedure, and documentation development. **Required Qualifications** * Bachelor's degree or equivalent experience* 5+ years financial services experience* Excellent strategic and analytical skills to solve complex problems and identify new product solutions* Knowledge and experience working with Ameriprise product suite* Strong understanding of compliance and regulatory environment* Proven organizational skills, including managing multiple tasks simultaneously* Strong written and verbal communication skills* Attention to detail, accuracy, and high level of personal accountability* Active Series 7 or the ability to obtain within 120 days **Preferred Qualifications*** Project Management experience* Experience working with Ameriprise project methodologies (JIRA, Agile)* Experience with advisory products, platforms, and wealth management solutions.* Understanding of Ameriprise business units, field organization, and operational processes.* Working knowledge of Ameriprise systems and tools (including BETA Host, Thomson One/Refinitiv)* Data analysis experience **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 $73,500 - $129,100 / 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**Marketing/Product Management**Line of Business**FPPS Wealth Management Solutions*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.*