Senior Product Specialist - Alternative Investments

Ameriprise • Minneapolis, MN

2d • $71,300 - $98,100 • Hybrid

About The Position

The Alternative Investments Product Specialist supports the development and continued growth of Ameriprise Financial’s alternative investments business. The role works across the organization and with third-party product sponsors to provide product support to Ameriprise advisors, sales teams, and clients. It assists with product onboarding, advisor education and training, product awareness, sales and marketing, and the maintenance of ongoing processes, policies, and procedures. The role also coordinates with internal business partners and external firms to establish, document, and maintain servicing arrangements for alternative investments.

Employees work in the office at least four days per week, with flexibility to work from home one day per week. Some roles may have different or additional in-office expectations. The position requires valid U.S. work authorization that will not require visa sponsorship now or in the future. It is a full-time, exempt role in the Marketing/Product Management job family, within the FPPS Wealth Management Solutions line of business.

Requirements

• Bachelor’s degree or an equivalent combination of education and relevant experience.
• Strong organizational and follow-through skills, including the ability to manage multiple priorities, stakeholders, and deadlines.
• Clear written and verbal communication skills.
• Ability to collaborate across teams and build effective working relationships.
• Analytical and problem-solving skills, attention to detail, and willingness to learn complex products and processes.
• Valid work authorization that does not now or in the future require visa sponsorship for employment in the United States.

Nice To Haves

• Experience with alternative investments, complex investment products, broker-dealer operations, or investment-product servicing.
• At least 2 years of experience in financial services, investment products, operations, product management, project coordination, or a related field.
• Experience supporting product onboarding, operational implementation, or cross-functional projects within a broker-dealer or wealth management organization.
• Working knowledge of regulatory, compliance, and operational considerations associated with alternative investments.
• Interest in pursuing Series 7 or other FINRA licenses.

Responsibilities

• Support the alternative investments product management team in executing business priorities, product initiatives, and ongoing platform activities.
• Coordinate with internal teams and third-party firms to establish new servicing arrangements, including gathering requirements, documenting proposed arrangements, tracking decisions and dependencies, and supporting implementation.
• Partner with Service Delivery, Operations, Clearing, Compliance, GCO, Legal, Sales, Marketing, and other stakeholders to address servicing needs and define and complete operational requirements.
• Assist with new product onboarding, product maintenance, and implementation, including coordination of documentation, training, communications, operational readiness, and advisor support.
• Support relationships with third-party alternative investment product sponsors by coordinating meetings, following up on action items, resolving issues, and tracking sponsor commitments.
• Lead recurring reporting processes and communicate insights to key stakeholders.
• Monitor open items, risks, and implementation milestones; communicate status and escalate issues as appropriate.
• Identify opportunities to improve advisor and client experience through enhancements to service, processes, tools, policies, and procedures.

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