Portfolio Implmntn Specialist

Ameriprise Financial Services, LLC

Posted 3 months ago

Full Time

Boston, Massachusetts

Hybrid

Smart Summary

Responsibilities

The role involves entering trade orders, monitoring cash levels, and preparing portfolio rebalances for a hedge fund business. It also acts as a liaison between investment teams and internal partners like trading, legal, and operations.

Qualifications

You have a Bachelor's degree or equivalent work experience and possess strong interpersonal skills to collaborate effectively with diverse teams. You demonstrate meticulous attention to detail, accuracy, and timeliness, with the ability to quickly learn specialized investment systems.

Must Have Skills for ATS

order management system

investment systems

attribution systems

risk systems

equities

equity derivatives

Job Description

About Our Company


Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses.

We're intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.

Job Description

Columbia Threadneedle is looking for an Implementation Specialist to join the team supporting our growing hedge fund business. The person who will be successful in this role will be someone who thrives in a fast-paced environment, is a continuous learner and is able to prioritize tasks for themselves and others.

How you’ll spend your time…

Enter trade orders into the order management system, monitor limit orders, and seek pre-trade compliance approvals when necessary.  Ensure that “clean orders” are received by the trading desk for execution.  Prepare portfolio rebalances while following established protocols for each fund.  Work with portfolio managers and traders to ensure that investment ideas are effectively and efficiently implemented.
Validate and monitor cash levels throughout the day.  Provide daily trade, position and cash reports to portfolio managers and analysts.
Provide market news and commentary as requested by portfolio manager.
Act as a liaison between the investment team and other internal business partners, including trading, fund administration, client services, legal, and operations.
Understand firm policies, procedures and specific investment account guidelines as they relate to the strategies supported. 
Act as team subject matter expert on investment systems, including the order management system, attribution and risk systems.
Perform other ad-hoc requests, including limited research and special analytics projects.


To be successful in this role you will have…


Bachelor’s degree or equivalent work experience
Strong interpersonal skills and the ability to collaborate with multiple teams at multiple levels
Attention to detail, accuracy and timeliness
Experience with (or the ability to quickly learn) specialized investment systems
An interest in financial markets

It would be great if you also had...
Experience with equities/equity derivatives

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 up to $90,000 per 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 insurance.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Non-Exempt

Job Family Group

Investment Management

Line of Business  

AMINV US Asset Management

Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential.

Columbia Threadneedle 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.

Ameriprise Financial Services, LLC

At Ameriprise Financial, we have been helping people feel more confident about their financial future for over 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors*, we have the expertise to serve the full range of individual and institutional investors' financial needs.  Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states.  Certain hyperlinks within Ameriprise Financial web sites or social media content may hyperlink to third-party content which we believe to be reliable however, we cannot guarantee its accuracy or completeness. For this reason, we do not endorse any linked third-party content, advertising, advice, opinions, recommendations, or other information; it's merely intended to be provided as a general source of information and is not a solicitation to buy or sell any securities, accounts, or strategies. In addition, any linked third-party content should not be used as the sole basis for any investment decisions, nor should it be construed as a recommendation or advice designed to meet the particular needs of an individual investor. Please seek the advice of a financial advisor regarding your particular financial situation.   Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.    Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC. For additional important disclosures on engagement rules, linking to third party content or other risks, please visit: www.ameriprise.com/social  *Ameriprise Financial Q1 2024 Earnings Release.
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