Ameriprise Financial is looking for a Portfolio Implementation Specialist to support its hedge fund business. In this role, you will be responsible for entering trade orders, monitoring cash, preparing portfolio rebalances, and acting as a key liaison between the investment team and internal partners.
What You'll Do
- Enter trade orders into the order management system, monitor limit orders, and seek pre-trade compliance approvals.
- Ensure that 'clean orders' are received by the trading desk for execution.
- Prepare portfolio rebalances while following established protocols for each fund.
- Work with portfolio managers and traders to ensure investment ideas are effectively and efficiently implemented.
- Validate and monitor cash levels throughout the day.
- Provide daily trade, position, and cash reports to portfolio managers and analysts.
- Provide market news and commentary as requested by the portfolio manager.
- Act as a liaison between the investment team and other internal partners, including trading, fund administration, client services, legal, and operations.
- Understand firm policies, procedures, and specific investment account guidelines.
- Act as team subject matter expert on investment systems, including the order management system, attribution and risk systems.
- Perform other ad-hoc requests, including limited research and special analytics projects.
What We're Looking For
- Bachelor’s degree or equivalent work experience.
- Strong interpersonal skills and the ability to collaborate with multiple teams at multiple levels.
- Attention to detail, accuracy, and timeliness.
- Experience with (or the ability to quickly learn) specialized investment systems.
- An interest in financial markets.
Nice to Have
- Experience with equities/equity derivatives.
Technical Stack
- Order management system
- Attribution and risk systems
Work Mode
This is a full-time position.
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.
