What are the responsibilities and job description for the Group Counsel-Asset Management position at Ameriprise Financial Services, LLC?
Support Columbia Threadneedle Investments' management of retail products, including the Columbia Funds and Collective Investment Funds.
Key Responsibilities
Assist in the management of day-to-day legal affairs for Columbia Threadneedle Investments.
Support the CIT business, which includes facilitating and attending Board of Director meetings, preparing meeting materials, supporting product initiatives, assisting in regulatory compliance and preparing offering documents.
Support the preparation of fund prospectuses and statements of additional information for the Columbia Funds, including drafting new disclosures and working with outside counsel on registration statement matters.
Supporting the independent Board of Trustees by preparing and reviewing meeting materials, supporting proposals to the Board and attending meetings.
Assist in the support of the compliance department and business areas on the various rules and regulations applicable to the Columbia Funds and CIT Funds.
Assist in advising fund administration and accounting on matters relating to the Columbia Funds, including review of shareholder reports and other SEC filings for such funds.
Assist in providing legal advice to the distributor and transfer agent of the Columbia Funds.
Assist in the drafting and negotiating agreements for Columbia Threadneedle Investments and the Columbia Funds and CIT Funds.
Cultivating and promoting relationships with key business partners and fostering and promoting a culture of compliance.
Monitoring global and regulatory developments in consideration of potential impacts on Columbia Threadneedle Investments, the Columbia Funds Complex, and Columbia CIT Funds.
Required Qualifications
J.D.
8 or more years’ relevant experience.
Knowledge and understanding of the Investment Company Act of 1940.
Demonstrate accuracy, thoroughness, and thoughtfulness in legal analysis and recommendations delivered both verbally and in writing.
Strong relationship skills with ability to deliver tough messages to both senior managers and employees at all levels in line of business.
Ability to drive results with minimum supervision and handle day-to-day inquiries independently with judgment as to when to escalate more complex matters.
Ability to collaborate effectively across the GCO and enterprise, while working respectfully with colleagues and driving results.
Preferred Qualifications
Knowledge and understanding of the Investment Advisers Act of 1940 and ERISA (as it applies to CITs).
Previous experience supporting CITS as well as registered funds – mutual funds, ETFs and closed-end funds.
Admitted to practice law in the state of Massachusetts, Minnesota, New York, North Carolina or Washington D.C., or eligible for admission as in-house counsel.
3-8 years of experience as a practicing attorney (particularly in financial services) is preferable.
Professional demeanor, with strong relationship skills and ability to deliver tough messages to business partners.
Ability to work proactively and independently to multi-task and demonstrate a strong sense of urgency.
Exceptional communications, writing and problem-solving skills.
About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 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
The estimated base salary for this role is $212,100 / $286,300 year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
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
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Legal Affairs
Line of Business
GCO General Counsel's Organization
Key Responsibilities
Assist in the management of day-to-day legal affairs for Columbia Threadneedle Investments.
Support the CIT business, which includes facilitating and attending Board of Director meetings, preparing meeting materials, supporting product initiatives, assisting in regulatory compliance and preparing offering documents.
Support the preparation of fund prospectuses and statements of additional information for the Columbia Funds, including drafting new disclosures and working with outside counsel on registration statement matters.
Supporting the independent Board of Trustees by preparing and reviewing meeting materials, supporting proposals to the Board and attending meetings.
Assist in the support of the compliance department and business areas on the various rules and regulations applicable to the Columbia Funds and CIT Funds.
Assist in advising fund administration and accounting on matters relating to the Columbia Funds, including review of shareholder reports and other SEC filings for such funds.
Assist in providing legal advice to the distributor and transfer agent of the Columbia Funds.
Assist in the drafting and negotiating agreements for Columbia Threadneedle Investments and the Columbia Funds and CIT Funds.
Cultivating and promoting relationships with key business partners and fostering and promoting a culture of compliance.
Monitoring global and regulatory developments in consideration of potential impacts on Columbia Threadneedle Investments, the Columbia Funds Complex, and Columbia CIT Funds.
Required Qualifications
J.D.
8 or more years’ relevant experience.
Knowledge and understanding of the Investment Company Act of 1940.
Demonstrate accuracy, thoroughness, and thoughtfulness in legal analysis and recommendations delivered both verbally and in writing.
Strong relationship skills with ability to deliver tough messages to both senior managers and employees at all levels in line of business.
Ability to drive results with minimum supervision and handle day-to-day inquiries independently with judgment as to when to escalate more complex matters.
Ability to collaborate effectively across the GCO and enterprise, while working respectfully with colleagues and driving results.
Preferred Qualifications
Knowledge and understanding of the Investment Advisers Act of 1940 and ERISA (as it applies to CITs).
Previous experience supporting CITS as well as registered funds – mutual funds, ETFs and closed-end funds.
Admitted to practice law in the state of Massachusetts, Minnesota, New York, North Carolina or Washington D.C., or eligible for admission as in-house counsel.
3-8 years of experience as a practicing attorney (particularly in financial services) is preferable.
Professional demeanor, with strong relationship skills and ability to deliver tough messages to business partners.
Ability to work proactively and independently to multi-task and demonstrate a strong sense of urgency.
Exceptional communications, writing and problem-solving skills.
About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 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
The estimated base salary for this role is $212,100 / $286,300 year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
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
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Legal Affairs
Line of Business
GCO General Counsel's Organization
Salary : $212,100 - $286,300
