Portfolio Admin Analyst

In this role you will perform centralized tasks and controls for Managed Assets.

You will report daily and monthly results to team on a timely basis, provide coaching, training and support to accountants on a large range of complex accounting topics.

You will also be required to perform daily, and periodic processes designed to pro-actively identify issues, understand the impact of the issue, determine root cause and timely execution of solutions.

How you'll spend your time...

• Perform daily control and quality control report reviews, analysis and resolution activities.  Process daily cash, position or other control responsibilities as notified by stakeholders. Process all activities and transactions in accordance with established procedures and policies, meeting or exceeding established service level goals. 
• Perform daily cash, NAV or position reconciliations of assigned portfolio's in accordance with established procedures, practices and policies, meeting or exceeding established service level goals.
• Understand up stream and downstream processes, acting as subject matter expert for assigned processes or business functions.  Identify trends, develop viable re-engineering solutions, understand and communicate risk, control gaps, and process improvement ideas.
• Assist in identifying, drafting and testing new procedures, and processes including re-engineering improvements, project or system changes. 
• Perform timely and accurate communication including appropriate escalation to ensure downstream users of the accounting system data are aware of any issues, or discrepancies.
• Provide coaching and mentoring to accountants.  This includes training accountants on fund NAV calculations and components, security types and attributes, fund income/amortization/expenses, cash related issues and solutions.
• Complete retention of records, work and other information, following established procedures and policies.

To be successful in this role you will have...

• Solid understanding of portfolio accounting/investment operations activities.
• Ability to work independently following established procedures.
• Ability to recognize financial impacts and respond or escalate, as appropriate.
• Strong written and verbal communication skills.
• Ability to take initiative and remain team player, act proactively, and think creatively.
• Detail oriented.

About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 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.

The estimated base salary for this role is $53,400 - $72,000 / 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 timeNon-ExemptMutual Fund OperationsAMINV US Asset Management

Salary : $53,400 - $72,000