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Key Responsibilities
-Play a lead role in analyzing complex private and illiquid securities to determine their fair value. This includes gathering and disseminating company financial information and presenting recommendations to the Valuation Committee.
-Review, investigate, and resolve pricing issues with limited supervision, following established procedures. Research, prepare, and present findings to senior team members for inclusion in monthly and event-driven fair valuation meetings.
-Consult with portfolio managers, traders, and research analysts to understand price discrepancies and independently develop fair value recommendations. Incorporate insights from these discussions along with independent research to present formal recommendations to the Valuation Committee.
-Collaborate with Pricing Team Managers to understand and resolve pricing lapses from external pricing vendors, ensuring timely delivery of end-of-day prices for daily NAV calculations.
-Prepare exhibits and valuation memos for mutual fund board meetings.
-Coordinate with external auditors (e.g., PwC) to resolve valuation-related issues during fund audits. Gather filings, documentation, and internal memos required for audit approval.
-Ensure compliance with SEC Rule 2a-5 and other applicable regulations.
-Execute procedures related to ASC 820 reporting and disclosures in quarterly fund reports, including drafting security-specific language for financial disclosure documents filed with the SEC and distributed to shareholders.
- Serve as a point of contact and subject matter expert on key valuation metrics for internal stakeholders and external vendors.
Required Qualifications
-Experience working with mutual funds or other investment products (e.g., accounting, investment research, etc.).
-General understanding of factors impacting security valuation and familiarity with regulatory framework governing the valuation of securities.
-Ability to collect, compile, and organize information efficiently and in a timely manner.
-Strong organizational and time managements skills.
-Ability to manage multiple priorities and meet tight deadlines.
-Proven ability to collaborate effectively with team members and excel while working independently.
-Strong written and verbal communication skills.
Preferred Qualifications
-Highly knowledgeable in the securities industry, with a strong foundation in mutual fund operations and valuation principles.
-Deep experience in private equity and private credit, including milestone-based and discounted cash flow valuation methodologies.
About Our Company
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Base Pay Salary
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Exempt/Non-Exempt
Job Family Group
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