Senior Manager, Distribution Governance

Ameriprise Financial Services, LLC • Boston, MA

8d • $120,000 - $145,000 • Hybrid

About The Position

The Senior Manager, Distribution Governance sits within Intermediary Distribution and the Business Management team. Sales Governance builds and maintains infrastructure that enables business growth while minimizing risk, and develops a culture of compliance through guidance, oversight, and monitoring of sales activities. The function works across the organization to connect the business with key partners and translate complex requirements into practical guidance for sales teams.

The role provides guidance on firm policies, regulatory requirements, and business procedures; partners with Compliance, Legal, Risk, and Audit; and leads resolution of complex business questions and issues. It develops and maintains policies, procedures, training, and communications; conducts monitoring and testing of sales practices; and supports the business supervisory program.

The position owns and chairs the Due Diligence Oversight Forum (DDOF), overseeing intermediary relationship reviews, approvals, and ongoing oversight. It also coordinates sales personnel onboarding, licensing, and registration, and serves as the business risk liaison. The role is based on an in-office collaboration model requiring employees to work in the office at least four days per week, with flexibility to work from home one day per week. The estimated base salary is $120,000–$145,000 per year, with variable compensation potentially available depending on the role.

Requirements

• Strong knowledge of the financial services industry.
• Ability to develop strong business relationships, including in difficult circumstances.
• Strong problem-solving skills and ability to work independently, anticipate challenges, and proactively develop solutions.
• Strong written and verbal communication skills to collaborate across business lines and seniority levels, achieve results, and reduce risk.
• Ability to prepare and present materials to senior leaders.
• Comfort working in a flexible, fast-paced environment.
• Valid U.S. work authorization that does not now or in the future require employment visa sponsorship.

Nice To Haves

• Bachelor's degree.
• Series 7 and Series 66 licenses.

Responsibilities

• Serve as a trusted resource for sales teams and business leaders on firm policies, regulatory requirements, and business procedures.
• Act as the primary liaison between the business and Compliance, Legal, Risk, and Audit to resolve issues and support business initiatives.
• Lead resolution of ad hoc questions and complex business issues by engaging stakeholders and providing clear guidance.
• Research and analyze complex business issues and develop recommendations that balance business objectives, client needs, and regulatory requirements.
• Partner with business leaders and stakeholders to develop and maintain policies, procedures, and guidance supporting sales activities and regulatory requirements.
• Represent business needs during policy and procedure development to ensure requirements are practical, scalable, and aligned with business objectives.
• Develop training and communications about business policies and procedures, and identify opportunities to improve processes and support emerging needs and new initiatives.
• Develop and execute monitoring and testing across sales practices, including supervision, gifts and entertainment, marketing support, educational events, and other higher-risk activities.
• Identify issues, process gaps, and potential risks, and implement practical solutions and process improvements.
• Coordinate and support the business supervisory program, including monitoring activities, supervisory reviews, required documentation, and resolution of identified issues.
• Own and chair the Due Diligence Oversight Forum (DDOF), overseeing review, approval, and oversight of intermediary relationships.
• Monitor intermediary relationships and regulatory developments, identify material risks, and facilitate appropriate review, escalation, and action.
• Coordinate onboarding, licensing, and registration for sales personnel with Compliance and other stakeholders.
• Monitor licensing and registration requirements through periodic reviews and reporting, identifying potential issues and facilitating resolution.
• Serve as the business risk liaison, partnering with business leaders and Risk to identify risks, support mitigation, and maintain alignment with enterprise risk requirements.

Benefits

• Vacation time
• Sick time
• 401(k)
• Health insurance
• Dental insurance
• Life insurance
• Variable pay may be available in the form of bonus, commissions, and/or long-term incentives, depending on the role.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed