What are the responsibilities and job description for the Senior Director, Product Management Cash Products 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
We are seeking a strategic Senior Director, Product Management to lead the vision, performance, and evolution of our cash product portfolio. In this role, you will shape product strategy, influence enterprise priorities, and drive innovation that strengthens client and advisor experiences. You will partner with senior leaders across business, technology, operations, risk, and compliance while leading a high-performing team. This position offers significant visibility, enterprise impact, and the opportunity to help define the future of wealth management cash solutions.
Responsibilities
Lead product strategy, roadmap development, and lifecycle management for cash products and related solutions.
Drive the development and implementation of new products, enhancements, pricing strategies, service models, and operational improvements.
Maintain accountability for product line growth, profitability, adoption, competitiveness, and operational effectiveness.
Serve as the business owner for large-scale strategic initiatives and cross-functional programs.
Partner with advisors, clients, and senior stakeholders to identify needs, opportunities, and market trends.
Lead vendor relationships, contract negotiations, service level management, and issue resolution activities.
Oversee regulatory, compliance, disclosure, policy, and governance requirements related to the product portfolio.
Develop and coach team members while fostering a culture of accountability, collaboration, and continuous improvement.
Required Qualifications
10 years of product management experience, preferably within wealth management, banking, or financial services, including leadership responsibility for product portfolios
Bachelor's degree or equivalent combination of education and relevant experience
FINRA Series 7 license or the ability to obtain within 120 days of hire
Preferred Qualifications
Demonstrated experience leading teams and influencing executive stakeholders across large organizations
Strong expertise in product strategy, business case development, product performance management, and market analysis
Knowledge of regulatory, compliance, and operational requirements impacting financial products
Exceptional communication, negotiation, collaboration, and relationship management skills
Ability to think strategically, solve complex problems, and drive results through cross-functional leadership
U.S. Work Authorization & 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. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week.
Base Pay Salary
The estimated base salary for this role is $160,600 - $205,000 / 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
Marketing/Product Management
Line of Business
BANK Bank
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
We are seeking a strategic Senior Director, Product Management to lead the vision, performance, and evolution of our cash product portfolio. In this role, you will shape product strategy, influence enterprise priorities, and drive innovation that strengthens client and advisor experiences. You will partner with senior leaders across business, technology, operations, risk, and compliance while leading a high-performing team. This position offers significant visibility, enterprise impact, and the opportunity to help define the future of wealth management cash solutions.
Responsibilities
Lead product strategy, roadmap development, and lifecycle management for cash products and related solutions.
Drive the development and implementation of new products, enhancements, pricing strategies, service models, and operational improvements.
Maintain accountability for product line growth, profitability, adoption, competitiveness, and operational effectiveness.
Serve as the business owner for large-scale strategic initiatives and cross-functional programs.
Partner with advisors, clients, and senior stakeholders to identify needs, opportunities, and market trends.
Lead vendor relationships, contract negotiations, service level management, and issue resolution activities.
Oversee regulatory, compliance, disclosure, policy, and governance requirements related to the product portfolio.
Develop and coach team members while fostering a culture of accountability, collaboration, and continuous improvement.
Required Qualifications
10 years of product management experience, preferably within wealth management, banking, or financial services, including leadership responsibility for product portfolios
Bachelor's degree or equivalent combination of education and relevant experience
FINRA Series 7 license or the ability to obtain within 120 days of hire
Preferred Qualifications
Demonstrated experience leading teams and influencing executive stakeholders across large organizations
Strong expertise in product strategy, business case development, product performance management, and market analysis
Knowledge of regulatory, compliance, and operational requirements impacting financial products
Exceptional communication, negotiation, collaboration, and relationship management skills
Ability to think strategically, solve complex problems, and drive results through cross-functional leadership
U.S. Work Authorization & 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. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week.
Base Pay Salary
The estimated base salary for this role is $160,600 - $205,000 / 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
Marketing/Product Management
Line of Business
BANK Bank
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 : $160,600 - $205,000