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 Senior Research Associate role is an exciting opportunity for someone who combines a strong interest in investments with expertise in data, analytics and technology.

As part of the Investment Research Group, you will support quantitative research and analysis across IRG’s investment research coverage, leveraging data and analytics to generate insights across asset classes and investment products. You will work with investment and market data to evaluate products, monitor key characteristics and trends, develop quantitative models and analytics, and support the team's broader investment research and due diligence processes.

A significant component of the role will focus on building and enhancing the team's data infrastructure, analytical tools, dashboards and automated processes. This includes developing scalable datasets and reporting solutions, maintaining data quality and validation controls, improving existing analytical processes, and identifying new ways to use data, automation and technology to strengthen investment research and improve efficiency.

Key Responsibilities

Support quantitative research, analysis and due diligence across IRG’s investment research coverage, including individual equities, fixed income and managed investment products, through data analysis, monitoring and reporting.
Develop and maintain analytical tools, dashboards and reports used to evaluate investment products, monitor key characteristics and support the Investment Research Group's research and due diligence processes.
Support the development and enhancement of investment research datasets and data processes, including data validation, quality controls, documentation and integration of data from multiple sources.
Conduct quantitative analysis of investment products and strategies, including performance, risk, peer group and other investment characteristics, and clearly communicate findings to research partners.
Identify opportunities to improve and automate existing analytical and reporting processes to increase efficiency, scalability and reliability.
Partner with members of Investment Research and other internal teams to understand analytical needs, troubleshoot data issues and develop practical solutions.

Maintain current knowledge of investment products, financial markets, industry practices, and emerging analytical and technology capabilities relevant to investment research.

Required Qualifications

Bachelor's degree or equivalent experience, preferably in Finance, Economics, Computer Science, Data Analytics, Statistics or a related field.
0-3 years of relevant experience in financial services, investment research, data analytics or a related field.
Strong analytical and problem-solving skills with an interest in financial markets, investment products and quantitative investment analysis.
Experience working with large datasets and performing data analysis, validation and reporting.
Experience using analytical or data visualization tools.
Ability to communicate analytical findings clearly through written commentary, reports and visualizations.
Ability to manage multiple assignments, work collaboratively and adapt to evolving business and analytical needs.
Active Series 7 or ability to obtain within 120 days.

Preferred Qualifications

Understanding of financial markets, investment products and asset classes across equity, fixed income and managed investments.
Experience with analytical and visualization platforms such as Power BI, Amazon SageMaker, or Dataiku.
Familiarity with investment performance and risk concepts, including returns, benchmarks, peer groups and risk statistics.
Experience working with investment, market or reference data from multiple sources.
Interest in pursuing the Chartered Financial Analyst (CFA) designation or developing deeper expertise in investment analysis.
Demonstrated curiosity about data, automation and emerging technologies and their application to investment research.

Base Pay Salary

The estimated base salary for this role is $81,700 - $112,300 / 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

Business Support & Operations

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.

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.

Senior Research Associate - Investment Research Group

Senior Research Associate - Investment Research Group

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