Lead Fund Accounting Oversight
Ameriprise Financial Services, LLC
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Job Description
Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection.
Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also 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 strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP.
Job Description
This Position requires to provide oversight for the delivery of fund administration and other related operational services as supplied by the outsourced administrator. This will entail building and managing the relationship with the supplier daily; liaising with the supplier on the provision of the services to ensure the overall service to Columbia Threadneedle not only meets but exceeds requirements; resolving issues escalated to the Oversight Team from the supplier, Columbia Threadneedle business areas or our clients.
Accountable for overseeing Fund Accounting suppliers using established oversight tools to ensure delivery against SLAs, contractual obligations, and KPIs, including completion of periodic onsite reviews, identification of risks, and ownership of continuous improvement initiatives.
Responsible for end-to-end management of supplier and operational issues, including monitoring MI and reports, maintaining issue logs, identifying trends, driving timely resolution, and escalating matters through appropriate internal and external governance forums.
Maintaining effective working relationships with Columbia Threadneedle control functions (Compliance, Risk, Audit, Legal), key internal stakeholders (Front Office, Middle Office, Distribution, TA Oversight), and relevant clients to ensure transparency, control alignment, and service assurance.
Deliver high quality reporting for management, that can be used in internal and external meetings, Committees and Company Boards. Providing SME support to change initiatives; and ensuring all Fund Accounting processes are fully documented, reviewed regularly, and remain fit for purpose. Identify opportunity areas where efficiencies can be unlocked via automations. Effective management of any staff reporting to this role.This role may require focusing on specific areas of responsibilities which may change from time to time.
In-Office Collaboration
We are a client-centric, relationship-based business. Working together in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
Full-Time/Part-Time
Full time
Timings
(2:00p-10:30p)
India Business Unit
AWMPO AWMP&S President's Office
Job Family Group
Mutual Fund Operations
Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, family status or any other basis prohibited by law.
We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.
About The Company
Ameriprise Financial Services, LLC
At Ameriprise Financial, we have been helping people feel more confident about their financial future for 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors*, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states. Certain hyperlinks within Ameriprise Financial web sites or social media content may hyperlink to third-party content which we believe to be reliable however, we cannot guarantee its accuracy or completeness. For this reason, we do not endorse any linked third-party content, advertising, advice, opinions, recommendations, or other information; it's merely intended to be provided as a general source of information and is not a solicitation to buy or sell any securities, accounts, or strategies. In addition, any linked third-party content should not be used as the sole basis for any investment decisions, nor should it be construed as a recommendation or advice designed to meet the particular needs of an individual investor. Please seek the advice of a financial advisor regarding your particular financial situation. Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC. For additional important disclosures on engagement rules, linking to third party content or other risks, please visit: www.ameriprise.com/social *Ameriprise Financial Q1 2024 Earnings Release.
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