Sr. Trade Corrections Professional

Ameriprise Financial Services, LLC; Minneapolis (MN); On-site; USD 44,000 - 67,000; Full time

Job summary

Ameriprise Financial in Minneapolis, MN is seeking a Trade Corrections Specialist to ensure timely and accurate processing of trades across mutual funds, securities and managed accounts.

You will research issues with internal and external partners, identify root causes, and support continuous process improvements in a fast-paced environment. Base pay ranges from $44,400 to $66,600, with bonus eligibility and comprehensive benefits.

Qualifications

• High school diploma or GED; education and experience may be interchanged.
• Experience in operations, processing or customer service.
• Strong attention to detail in high-volume processing.
• Ability to research and resolve problems.
• Ability to manage multiple priorities in a fast-paced environment.
• Effective communication with internal partners and advisors.

Responsibilities

• Responsible for timely and accurate resolution of trade correction cases.
• Research and resolve issues with internal and external partners; provide support.
• Identify root causes and contribute to continuous process improvement.

Skills

Operations experience

Processing experience

Customer service

Attention to detail

Problem solving

Communication

Education

High school diploma or GED

Tools

Thomson

BETA

COLA

APL

Nice

DocX

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

Process trade corrections. Analyze and correct entries for various product types, including mutual funds, securities, cash, bonds, and managed accounts, through various internal processing systems. Work with both internal and external business partners to research and resolve issues in an accurate and timely manner. Ensure processing of transactions follow industry rules/regulations and internal compliance procedures.

Key Responsibilities

• Responsible for timely and accurate resolution of trade correction cases. Analyze account activity, determine cause of error and take appropriate action to correct trading activity.




• Work with both internal and external business partners to research and resolve issues, troubleshoot and provide seamless service. Provide support to other team members as necessary.




• Identify root cause of trade correction errors and provide solutions as appropriate. Conduct trend reporting and participate in problem solving sessions for continuous process improvements.

Required Qualifications

• Education: High school or GED
  *Post-secondary education and relevant work experience may be interchanged to meet the combined total years of minimum required qualifications for
  education and experience




• Previous operations, processing or customer service experience.




• Strong attention to detail, including demonstrated ability to meet accuracy standards in a high-volume processing situation.




• Ability to research and resolve problems.




• Demonstrated ability to manage multiple priorities in a fast-paced, results driven, transaction based environment.




• Ability to effectively and professionally communicate with internal business partners and advisors.

Preferred Qualifications

• Trading activity expertise.


• Understanding of Thomson, BETA, COLA, APL, and various other internal systems (Nice, DocX).

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.

Base Pay Salary

The base salary is $44,400-66,600 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, 40

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Non-Exempt

Job Family Group

Business Support & Operations

Line of Business

CLEAR Clearing

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.