What are the responsibilities and job description for the Mgr-Central Supervision Unit position at Ameriprise Financial Services, LLC?
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 year-end 2024. Our team of 22,000 people across 19 countries, serves 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.
Job Description
Our team has key responsibilities to support our advisor service model and
growth. The role of Sales Supervision Manager - Advice is responsible for
holistic reviews of advisors' practices, targeted account suitability reviews, and
multiple other specialized review types designed to ensure accounts are
suitable and in our clients' best interests. The team performs direct sales
supervision of investment advisory services including Ameriprise Financial
Planning Service (AFPS) and assesses ongoing suitability of SPS Advantage
and SPS Advisor accounts.
Success in this role will include analyzing complex data, making sound
decisions, and working effectively with advisors, field leaders, and various
business partners to mitigate risk.
Key Responsibilities
Direct supervision of advisory services to determine suitability of service and
recommendations, adherence to ADVs and assessment of fee appropriateness.
Complete supervisory analysis using risk-based judgement, procedures, and job aids.
Communicate with advisors, field registered principals and field leaders regarding results of
supervisory activity. Involves working closely with advisors to develop an understanding of
recommendations made to clients and to reasonably validate fiduciary and best interest
standards are met.
Support the team’s efforts to innovate and improve the effectiveness and efficiency of
processes. Evolve day-to-day processes to streamline work and focus on issues that
matter most.
Keep updated on changes in the regulatory environment and competitive landscape
including new regulations and product offerings.
Represent the firm and functional processes in response to examinations, investigations,
and other regulatory matters, which may include on-the-record engagements with
regulators or providing testimony in arbitration matters.
Participate in maintaining the overall health of the team including establishing individual
development goals and engagement in team activities.
Required Qualifications
Bachelor’s degree (in any field) and 2 years relevant work experience or 3 years relevant
work experience in financial services, customer service, communications, education or
other where you have built the skills needed to be successful in this role.
Active Series 7 (if not actively held, must be able obtain within 120 days of start date. If
multiple exams are required, will be done consecutively with an additional 90-day window
after successfully passing each exam).
Active Series 24 and 63/65 or 66 (if not actively held, must be able obtain within 120 days
of start date. If multiple exams are required, will be done consecutively with an additional
90-day window after successfully passing each exam).
Problem solving and analytical skills; ability to effectively analyze complex issues.
Ability to consistently exercise good judgment when making decisions on complex matters
that don't have clear answers.
Strong written and verbal communication skills including ability to deliver unfavorable
messages.
Ability to consistently influence positive behavior through coaching and education.
Ability to document activity in a fact-based and comprehensive manner.
Ability to work effectively and efficiently both individually and in a team environment.
Ability to manage workload, across multiple tools and processes, including prioritization
and monitoring of pending cases.
Technical product knowledge related to managed accounts and/or financial planning.
Preferred Qualifications
Problem solving and analytical skills; ability to effectively analyze complex issues.
Ability to consistently exercise good judgement when making decisions on complex matters that don't have clear answers.
Strong written and verbal communication skills including ability to deliver unfavorable messages.
Ability to consistently influence positive behavior through coaching and education.
Ability to document activity in a fact-based and comprehensive manner.
Ability to work effectively and efficiently both individually and in a team environment.
Ability to manage workload, across multiple tools and processes, including prioritization and monitoring of pending cases.
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
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 four (4) days per week, with flexibility to work from home one (1) day 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.
Base Pay Salary
The estimated base salary for this role is $ 87,400-$ 120,200/ 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.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Legal Affairs
Line of Business
AWMBD Advice and Wealth Mgmt and Business Development
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, 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.
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves 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.
Job Description
Our team has key responsibilities to support our advisor service model and
growth. The role of Sales Supervision Manager - Advice is responsible for
holistic reviews of advisors' practices, targeted account suitability reviews, and
multiple other specialized review types designed to ensure accounts are
suitable and in our clients' best interests. The team performs direct sales
supervision of investment advisory services including Ameriprise Financial
Planning Service (AFPS) and assesses ongoing suitability of SPS Advantage
and SPS Advisor accounts.
Success in this role will include analyzing complex data, making sound
decisions, and working effectively with advisors, field leaders, and various
business partners to mitigate risk.
Key Responsibilities
Direct supervision of advisory services to determine suitability of service and
recommendations, adherence to ADVs and assessment of fee appropriateness.
Complete supervisory analysis using risk-based judgement, procedures, and job aids.
Communicate with advisors, field registered principals and field leaders regarding results of
supervisory activity. Involves working closely with advisors to develop an understanding of
recommendations made to clients and to reasonably validate fiduciary and best interest
standards are met.
Support the team’s efforts to innovate and improve the effectiveness and efficiency of
processes. Evolve day-to-day processes to streamline work and focus on issues that
matter most.
Keep updated on changes in the regulatory environment and competitive landscape
including new regulations and product offerings.
Represent the firm and functional processes in response to examinations, investigations,
and other regulatory matters, which may include on-the-record engagements with
regulators or providing testimony in arbitration matters.
Participate in maintaining the overall health of the team including establishing individual
development goals and engagement in team activities.
Required Qualifications
Bachelor’s degree (in any field) and 2 years relevant work experience or 3 years relevant
work experience in financial services, customer service, communications, education or
other where you have built the skills needed to be successful in this role.
Active Series 7 (if not actively held, must be able obtain within 120 days of start date. If
multiple exams are required, will be done consecutively with an additional 90-day window
after successfully passing each exam).
Active Series 24 and 63/65 or 66 (if not actively held, must be able obtain within 120 days
of start date. If multiple exams are required, will be done consecutively with an additional
90-day window after successfully passing each exam).
Problem solving and analytical skills; ability to effectively analyze complex issues.
Ability to consistently exercise good judgment when making decisions on complex matters
that don't have clear answers.
Strong written and verbal communication skills including ability to deliver unfavorable
messages.
Ability to consistently influence positive behavior through coaching and education.
Ability to document activity in a fact-based and comprehensive manner.
Ability to work effectively and efficiently both individually and in a team environment.
Ability to manage workload, across multiple tools and processes, including prioritization
and monitoring of pending cases.
Technical product knowledge related to managed accounts and/or financial planning.
Preferred Qualifications
Problem solving and analytical skills; ability to effectively analyze complex issues.
Ability to consistently exercise good judgement when making decisions on complex matters that don't have clear answers.
Strong written and verbal communication skills including ability to deliver unfavorable messages.
Ability to consistently influence positive behavior through coaching and education.
Ability to document activity in a fact-based and comprehensive manner.
Ability to work effectively and efficiently both individually and in a team environment.
Ability to manage workload, across multiple tools and processes, including prioritization and monitoring of pending cases.
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
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 four (4) days per week, with flexibility to work from home one (1) day 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.
Base Pay Salary
The estimated base salary for this role is $ 87,400-$ 120,200/ 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.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Legal Affairs
Line of Business
AWMBD Advice and Wealth Mgmt and Business Development
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, 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.
Salary : $87,400 - $120,200