Job Description
The Senior Capital Markets Product Manager role is part of the Wealth Management Solutions business group and is responsible for strategic and tactical planning, new product development, ongoing product management, pricing and sales promotion for Ameriprise’s Capital Markets products, including equities, exchange traded funds (ETFs) and exchange-traded notes (ETNs), options, closed-end funds and third-party investment research.
Responsibilities
Accountable for Capital Markets product development and product management initiatives, including conducting competitive analysis, proposing new product features and improved functionality, conducting financial analysis, making pricing recommendations and developing field implementation plans. This position also involves leading cross-organizational project teams which design and implement new products or product enhancements.
Serve as a subject matter expert (SME) on technology projects, including writing business requirements and completing systems testing for securities trading, commission schedules and fees related to equities, exchange traded funds (ETFs) and options.
Accountable for business unit compliance, including implementing business unit compliance policies and written supervisory procedures.
Create strategic and tactical plans, as well as achieving financial goals that include revenue, profitability and return on equity (ROE).
Required Qualifications
Bachelor's degree in business, marketing, finance, or economics (or equivalent work experience).
7 to 10 years of relevant experience.
Proven experience in Capital Markets products, including equities, exchange traded products (ETFs,
ETNs), options, closed-end funds and third-party investment research.
Experience in Capital Markets technology systems, operations and service delivery.
Excellent analytical and problem-solving skills.
Ability to drive business results.
Flexible to changing marketplace and business conditions.
Proven organizational skills, including managing multiple projects simultaneously.
Ability to think strategically, while being able to implement tactical plans.
Active Series 7 or ability to obtain within 120 days.
Minneapolis, MN
Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through five segments: Advice & Wealth Management, Asset Management, Annuities, Protection, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force. Its products also include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property funds.
The Annuities segment provides variable and fixed annuity products to individual clients through affiliated and unaffiliated advisors, and financial institutions. The Protection segment offers various products to address the protection and risk management needs of retail clients, including life, disability income, and property casualty insurance through advisors and affinity relationships.
The Corporate & Other segment consist of long term care business, net investment income or loss on corporate level assets. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.