Investment Risk Analyst

Ameriprise Financial Services, LLC•Boston, MA

3d•$87,400 - $120,200•Hybrid

About The Position

Columbia Threadneedle Investments, the global asset management division of Ameriprise Financial, is seeking an Investment Risk Analyst to be based in Minneapolis, MN or Boston, MA. This role assists senior risk managers to measure, monitor, analyze, and manage investment risk across Columbia Threadneedle's collection of funds. This role will provide you the opportunity to develop and improve your technical skills and the chance to be immersed in the investment organization's culture.

Requirements

Degree in a quantitative field such as Finance, Mathematics, Statistics, Computer Science, Engineering, Economics, Mathematics or other relevant area of study. Critical thinking and analysis skills are more important than the area of study.
Programming/coding experience with Python (or similar) and Snowflake/SQL
Knowledge of financial market instruments including options and derivatives
Professional and/or educational experience in risk management, investments, and/or finance. Demonstrated passion for markets is critical.
Excellent analytical capabilities and ability to understand quantitative models
Good general understanding of investment management and financial risk management
Capable of taking initiative on broader IRM goals to improve departmental capabilities
Excellent written and verbal communication skills
Ability to handle several tasks, prioritize effectively, meet goals and deliver high quality, accurate work in a fast-paced environment
Ability to maintain good relationships with business partners

Nice To Haves

While not a requirement, possessing an advanced degree in a quantitative field (economics, mathematics, physical sciences, finance, or statistics) is preferred.
Preference will be given to candidates with Master of Financial Mathematics.
Achievement of, or progress towards professional designations such as CFA (Chartered Financial Analyst), FRM (Financial Risk Manager), or PRM (Professional Risk Manager) are relevant though not required.
Preference will be given to candidates with 2+ years of experience preferably in risk management, investment management, or capital markets.
Experience and familiarity with Blackrock Aladdin or other risk systems and Tableau is relevant but not required.

Responsibilities

Engage with senior risk managers and the investment teams to understand their investment processes and the underlying investment risks.
Review risk reports, communicate findings and raise observations to senior risk managers and business leaders, as needed; research some targeted risk issues as advised.
Research and investigate of ad-hoc risk issues as necessary, interacting with the investment team as needed.
Assist senior team members to analyze portfolio holdings and risk measures in order to measure, monitor, and manage investment risk; assist in the communication of risk analysis to fund managers.
Run processes for gathering fund risk data and generating risk reports for portfolios
Maintain and improve risk data reporting solutions and creation of visualizations/reports to help run the investment risk process.
Monitor the integrity and accuracy of the data in the system, work with Technology and Operations to resolve system and portfolio data issues as necessary.