Trading Assistant

00052 American Enterprise Investment; Minneapolis (MN); On-site; USD 36,000 - 50,000; Full time

Benefits offered by this job

Vacation time

Sick time

401(k)

Health

Dental

Life insurances

Job summary

Ameriprise Financial in Minneapolis seeks a Trading Assistant to support trading activities, assist advisors and partners, and ensure compliant trade execution. You will help with order activity inquiries, reconciliations, and reporting, collaborating across teams to optimize processes and risk controls.

The role emphasizes attention to detail in a fast-paced environment, with potential involvement in Best Execution reporting and regulatory initiatives.

Qualifications

• Bachelor's degree or equivalent required.
• 1–3 years of relevant experience.
• Ability to work in a fast-paced, regulated environment with attention to detail.
• Ability to collaborate across multiple business functions.
• Familiarity with trading systems and trading operations preferred.

Responsibilities

• Assist advisors, trading partners and home office staff with trading questions including order activity and regulatory reporting.
• Perform order book reconciliation and trade allocation for all trading activity.
• Identify and resolve trading and settlement issues, ensuring documentation is complete.
• Assist Business Analysts with report creation, monitoring and analysis.
• Work with trading systems, execution quality reporting, and trade reporting; research issues.
• Review policies for compliance and identify process improvements and risk mitigation.
• Provide back-up support to other departments within Capital Markets Trading and participate in special projects.

Skills

Teamwork

Attention to detail

Communication skills

Analytical thinking

Education

Bachelor's degree or equivalent

Tools

BETA host

LSEG One

BRASS

Excel

Power BI

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

As a Trading Assistant, you'll be at the center of delivering a best-in-class trading experience for advisors and clients. You'll collaborate with traders and business partners to support trade execution, respond to trading inquiries, and ensure transactions are completed accurately and compliantly. In addition to trading operations, you'll contribute to Best Execution reporting, regulatory initiatives, and continuous process improvements that help drive innovation and operational excellence across the Equity & Option Trading team.

Key Responsibilities

• Assist advisors, trading partners and home office staff with trading related questions including order activity, regulatory reporting, and trading system navigation and functionality.
• Perform order book reconciliation and trade allocation for all trading activity.
• Identify and resolve trading and settlement issues, while ensuring all required documentation is completed.
• Assist Business Analysts with report creation, generation, monitoring and analysis.
• Work with trading systems, execution quality reporting, trade reporting along with researching trading issues.
• Review trading area policies and procedures for compliance with industry and company rules and regulations. and identify opportunities for process improvements and risk mitigation.
• Provide back-up support to other departments within Capital Markets Trading and participate in special projects as needed.

Required Qualifications

• Education: Bachelor's degree or equivalent.
• Experience: 1 to 3 years of relevant experience.
• Post-secondary education and relevant work experience may be interchanged to meet the combined total years of minimum required qualifications for education and experience.
• Ability to effectively work in a team environment and collaborate across multiple business functions.
• Ability to perform in a fast-paced, time-sensitive, and regulated environment with attention to detail.
• Ability to handle difficult communications with advisors and clients and provide effective resolutions.
• Ability to build and maintain strong, positive relationships and influence others without having direct leadership accountability.
• Strong analytical, problem-solving, and organizational skills.
• Ability to learn new systems, technologies, and business processes.

Preferred Qualifications

• Experience with BETA host, LSEG One, BRASS and Microsoft applications with an emphasis on Excel and Power BI.
• Active Series 7 license.
• Experience working in trading, brokerage, securities, or financial services operations environments.

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 hourly rate for this role is $26.15 - $35.96 / hour. 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)
• health
• dental
• life insurances

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.

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.

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.

Explore opportunities within each business and region below.