Finance Leadership Development Program Associate

Posted Yesterday
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Minneapolis, MN, USA
In-Office
73K-73K Annually
Entry level
Fintech
The Role
Participate in a 24-month finance leadership development program with three eight-month rotations across accounting, tax, audit, finance, and utility functions. Responsibilities include financial modeling, cost-benefit analysis, forecasting, variance analysis, profit and loss review, balance sheet management, audit and controls testing, risk assessment, cash flow analysis, and taxable income analysis. Associates collaborate with business partners and senior leaders before pursuing a permanent finance position.
Summary Generated by Built In

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

At Ameriprise Financial, Columbia Threadneedle Investments, and RiverSource, we're committed to helping early-career talent grow through meaningful work and practical learning. Whether you're joining us as an Intern or Leadership Development Program participant, you'll work alongside experienced colleagues, contribute fresh perspectives, and gain exposure to the people, projects, and experiences that drive our business forward. Guided by our values of excellence in all we do and respect for individuals and our communities, participants will have opportunities to connect with Executive Leadership through our ELT Speaker Series, gaining insights from senior leaders across the business, while also making a positive impact through our annual volunteering day.
Our program is guided by values of being client focused, acting with integrity always, striving for excellence in all we do, and showing respect for individuals and our communities. Participants will have the opportunity to engage with senior leaders through our Executive Leadership Team (ELT) Speaker Series, gaining valuable business insights and career perspectives, while also giving back through our annual volunteering day, supporting the communities in which we live and work.
This is an exciting opportunity to develop your skills, expand your network, and explore what's possible across a global financial services organization.
About the Role:
Over 24 months, you’ll dive into three dynamic 8-month rotations that will give you real-world experience in key areas like:
• Accounting/tax/audit – learn the steps to reach the bottom line
• Finance – create decision support-based analytics for business partners
• Utility – blend both your finance and accounting skills on business projects that involve our internal service providers and business processes (ex: procurement, risk, treasury, real estate, business planning and analysis)

After exploring the breadth of the business unit(s) through each rotation, LDPs have the opportunity to post to a permanent position within Ameriprise Financial.

How you’ll spend your time… 

  • Prepare a cost benefit analysis to determine expected benefits of a new product or program  

  • Analyze profit and loss statements and recommend solutions to grow revenues and manage expenses  

  • Balance sheet management, due diligence, and process re-engineering  

  • Prepare expense and revenue forecasts and analyze trends and variances from plan and prior forecasts  

  • Work with a team conducting an audit and testing controls of a business process  

  • Evaluate business risks and opportunities to mitigate risk  

  • Assist with the creation of a cash flow spreadsheet for purposes of dividend planning  

  • Perform analysis of taxable income from investments, variance analysis and year over year trends  

 

Examples of past LDP projects include: 

  • Build and maintain financial models to drive critical initiatives. Worked with key partners from finance and the business to build documentation and present to leaders.  

  • Worked with teams across the Finance Business Unit to assist with implementing new software for the organization.  

 

Required Qualifications:  

  • Current Senior at a 4-year university pursing a bachelor’s degree Finance, Accounting, Economics or Mathematics, or related field  

  • Graduation date of December 2026 or May/June 2027 

  • Commitment to complete the full 24-month Leadership Development Program 

 

If you also had this, it would be great:  

  • High degree of self-motivation with strong integrity and ethics  

  • Proven organization skills and ability to manage time effectively  

  • Excellent communication, interpersonal, and presentation skills  

  • Ability to work and communicate collaboratively with all levels of the organization including team members, managers, and senior leaders  

  • Proficient with Microsoft Office Suite  

  • If job requires knowledge of specific software, hiring leaders can add that here 

 

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 estimated base salary for this role is $73,000. 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

Human Capital

Line of Business  

FIN Finance

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.

Skills Required

  • Currently a senior at a four-year university pursuing a bachelor's degree in Finance, Accounting, Economics, Mathematics, or a related field
  • Expected graduation in December 2026 or May/June 2027
  • Commitment to complete the full 24-month Leadership Development Program
  • High degree of self-motivation with strong integrity and ethics
  • Strong organizational skills and ability to manage time effectively
  • Excellent communication, interpersonal, and presentation skills
  • Ability to collaborate and communicate with team members, managers, and senior leaders
  • Proficiency with Microsoft Office Suite
  • Valid U.S. work authorization without requiring current or future visa sponsorship

Ameriprise Financial Services, LLC Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ameriprise Financial Services, LLC and has not been reviewed or approved by Ameriprise Financial Services, LLC.

  • Retirement Support Feedback suggests a 401(k) with company contributions and financial well‑being programs strengthens long‑term savings. Employee stock purchase access and planning subsidies further support retirement readiness.
  • Strong & Reliable Incentives Feedback suggests annual and long‑term performance incentives, alongside variable or commission components in advisor roles, can create meaningful upside for certain positions. Licensing support and bonus opportunities reinforce a performance‑linked pay mix.
  • Flexible Benefits Feedback suggests flexible work options, the ability to purchase extra vacation, and paid volunteer time provide adaptable benefits for different life needs. On‑site clinic and fitness resources at headquarters and wellbeing programs add convenient lifestyle support.

Ameriprise Financial Services, LLC Insights

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The Company
HQ: Minneapolis, MN
16,649 Employees
Year Founded: 1894

What We Do

Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisors* delivers personalized financial advice to help clients reach their goals. We believe that with the right advisor, the right advice, and the right firm, life can be brilliant. Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states. Learn how you can build your career at Ameriprise Financial. *Ameriprise Financial Q2 2020 Statistical Supplement All content on this page is provided for informational purposes only and should not be used as the sole basis for investment decisions. Ameriprise Financial cannot guarantee future financial results. Investment products are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution, and involve investment risks including possible loss of the entire amount invested. By clicking on a hyperlink, you may be directed to a non-Ameriprise website. Be aware that the linked site will be subject to rules, regulation, and privacy and security provisions that are separate, and may differ, from Ameriprise Financial. Investment advisory products and services are made available through Ameriprise Financial Services, LLC., a registered investment adviser.

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