Operations Manager - Portfolio Accounting Job in USA-MN-Minneapolis

Operations Manager - Portfolio Accounting Job

• Company

  Ameriprise Financial Services, Inc.

• Location

  USA-MN-Minneapolis

• Compensation

  Competitive

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  Jan 26, 2013

• eFC Ref no

  1157231

See Job Description

Job Description

Available Openings: 1

Job Title: Operations Manager
- Portfolio Accounting

Job ID: 85513

Location: Minneapolis, MN

Business Unit: US Asset Management

Full/Part Time: Full-Time

Eligible for Relocation: N

Regular/Temporary: Regular

Travel Percentage: None

License:

About Ameriprise

Focused on people, not just our bottom line.

Here, you'll be part of an inclusive, collaborative culture that rewards you for your contributions. You'll work with other talented people who share your passion for doing great work that's in the best interest of our clients. And you'll have plenty of opportunities to make your mark at the office
- and a difference in your community. So if you're talented, driven and want to work for a company that cares, put a rewarding career more within reach at Ameriprise Financial.

Responsibilities
Columbia Management, an Ameriprise Financial company, is seeking an Operations Manager - Portfolio Accounting to be based in Minneapolis, MN.

This position is accountable for institutional portfolio accounting functions including establishing and maintaining client accounts; maintaining account and security master information; and ensuring activities are properly reflected in the accounting system such as cash, income, and securities. In this role, the manager is responsible for planning, organizing and guiding a team of accounting analysts in the day-to-day operation functions, improvement of the processes and procedures, and measuring department performance, both qualitatively and quantitatively.


Responsibilities include:

* Daily management of business functions, processes and associated operations staff of direct reports. Manage workflow, change management, issue escalation and resolution.

* Ensure tasks and resources are assigned, provide work direction, monitor progress to ensure goals are on track, proactively identify and minimize issues/risks, and provide management and status reporting.

* Set team goals, manage performance, hire and train staff, coach staff and people development activities.

* Maintain relationships with external (e.g. system vendors) and internal partners (e.g. reporting, investments, performance, and technology) to achieve goals. Understand internal and external client goals, needs and expectations. Provide effective and timely communication.

* Monitor, track and report on performance against service level goals and benchmarks. Perform trend analysis, identify, recommend and implement process improvements designed to meet client expectations and corporate goals.

* Ensure policies and procedures are current and provide oversight of policies and meet compliance and business requirements.

* Provides subject matter expertise to business-driven initiatives, internal partners, leadership or projects related to operations as necessary. Leads change management activities including defining the work plan and supporting resources to execute initiatives.

Required Qualifications

* Bachelor-s degree (or equivalent experience) with 3 -5 years accounting experience in the financial services industry in a similar operations role responsible for day-to-day processes. Specific business knowledge preferred in the areas of asset management, accounting practices, security processing, control and oversight processes, and technology systems used to support business needs.

* Proven people leadership with prior experience managing a team of direct reports.

* Strong leadership competencies and execution skills by way of cross-collaboration and workflow facilitation with multiple internal business partners.

* Proven ability to manage multiple priorities and time sensitive deadlines; must be highly responsive and proactive in a fast-paced, changing environment.

* Strong analytical and critical thinking skills with the ability to interpret data, reach conclusions, and take action.

* Ability to think strategically while maintaining focus on a tactical level.

* In-depth knowledge of business operations and complex business processes with ability to conduct change management and process improvement initiatives.

* Strong relationship and communication skills in working with colleagues and business partners across multiple levels of leadership; ability to present and influence on recommendations.

* Demonstrated proficiency in MS Office applications.

Preferred Qualifications

* Prior business analysis and/or project management experience including process design and development, impact assessment, requirements, design, build, test and implementation.

* Prior use of GIM2000 accounting system.

Disclosure

Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. Some products and services may not be available in all jurisdictions or to all clients. Ameriprise Financial Services, Inc. is an Equal Opportunity Employer.

- 2011 Ameriprise Financial, Inc. All rights reserved.

JCODE

JCODE:23269

JCODE:23913