Senior Product Specialist - Alternative Investments

Posted 3 Days Ago
Be an Early Applicant
Minneapolis, MN, USA
In-Office
71K-98K Annually
Senior level
Fintech
The Role
Supports the growth and operation of alternative investment products by coordinating onboarding, servicing arrangements, sponsor relationships, advisor education, reporting, and implementation activities. The role works cross-functionally with operations, compliance, legal, sales, marketing, and external product sponsors to manage requirements, risks, milestones, communications, and process improvements for advisors and clients.
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

The Alternative Investments Product Specialist will support the development and continued growth of the alternative investments business by working across the organization and with third-party product sponsors to provide high-quality product and support to Ameriprise advisors, sales teams, and clients. The role will assist with product onboarding, advisor education and training, product awareness, sales and marketing, and maintenance of ongoing processes, policies, and procedures. An additional focus will be coordinating across internal business partners and external firms to establish, document, and maintain servicing arrangements for alternative investments.

Key Responsibilities

·        Support the alternative investments product management team in executing business priorities, product initiatives, and ongoing platform activities.

·        Coordinate across internal teams and third-party firms to establish new servicing arrangements for alternative investments, including gathering requirements, documenting proposed arrangements, tracking decisions and dependencies, and supporting implementation.

·        Partner with Service Delivery, Operations, Clearing, Compliance, GCO, Legal, Sales, Marketing, and other stakeholders to address servicing needs and ensure operational requirements are clearly defined and completed.

·        Assist with new product onboarding, product maintenance, and implementation activities, including coordination of documentation, training, communications, operational readiness, and advisor support.

·        Support ongoing relationship management with third-party alternative investment product sponsors, including meeting coordination, follow-up items, issue resolution, and tracking sponsor commitments.

·        Lead recurring reporting processes and communicate insights to key stakeholders.

·        Monitor open items, risks, and implementation milestones; communicate status and escalate issues as appropriate.

·        Identify opportunities to improve the advisor and client experience through enhancements to service, processes, tools, policies, and procedures.


Required Qualifications

·        Bachelor's degree or equivalent combination of education and relevant experience.

·        Strong organizational and follow-through skills, with the ability to manage multiple priorities, stakeholders, and deadlines.

·        Clear written and verbal communication skills.

·        Demonstrated ability to work collaboratively across teams and build effective working relationships.

·        Analytical and problem-solving skills, with attention to detail and a willingness to learn complex products and processes.


Preferred Qualifications

·        Experience with alternative investments, complex investment products, broker-dealer operations, or investment-product servicing.

·  2+ years of experience in financial services, investment products, operations, product management, project coordination, or a related field.

·        Experience supporting product onboarding, operational implementation, or cross-functional projects within a broker-dealer or wealth management organization.

·        Working knowledge of regulatory, compliance, and operational considerations associated with alternative investments.

·        Interest in pursuing Series 7 or other FINRA licenses.


Core Competencies

·        Collaboration and stakeholder management

·        Execution and accountability

·        Attention to detail

·        Problem solving and sound judgment

·        Adaptability and learning agility

·        Client and advisor focus


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 $71,300 - $98,100 / 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.

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

  • Bachelor's degree or equivalent combination of education and relevant experience
  • Strong organizational and follow-through skills managing multiple priorities, stakeholders, and deadlines
  • Clear written and verbal communication skills
  • Ability to collaborate across teams and build effective working relationships
  • Analytical and problem-solving skills with attention to detail and willingness to learn complex products and processes
  • Valid U.S. work authorization that does not now or in the future require visa sponsorship
  • Experience with alternative investments, complex investment products, broker-dealer operations, or investment-product servicing
  • 2+ years of experience in financial services, investment products, operations, product management, project coordination, or a related field
  • Experience supporting product onboarding, operational implementation, or cross-functional projects within a broker-dealer or wealth management organization
  • Working knowledge of regulatory, compliance, and operational considerations associated with alternative investments
  • Interest in pursuing Series 7 or other FINRA licenses

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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