Trading Assistant

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

As a Trading Assistant, you'll be at the center of delivering a best-in-class trading experience for advisors and clients. You'll collaborate with traders and business partners to support trade execution, respond to trading inquiries, and ensure transactions are completed accurately and compliantly. In addition to trading operations, you'll contribute to Best Execution reporting, regulatory initiatives, and continuous process improvements that help drive innovation and operational excellence across the Equity & Option Trading team.

Key Responsibilities

-Assist advisors, trading partners and home office staff with trading related questions including order activity, regulatory reporting, and trading system navigation and functionality.

-Perform order book reconciliation and trade allocation for all trading activity.

-Identify and resolve trading and settlement issues, while ensuring all required documentation is completed.

-Assist Business Analysts with report creation, generation, monitoring and analysis. Work with trading systems, execution quality reporting, trade reporting along with researching trading issues.

-Review trading area policies and procedures for compliance with industry and company rules and regulations. and identify opportunities for process improvements and risk mitigation.

-Provide back-up support to other departments within Capital Markets Trading and participate in special projects as needed.

Required Qualifications

-Education: Bachelor's degree or equivalent.

-Experience: 1 to 3 years of relevant experience.

-Post-secondary education and relevant work experience may be interchanged to meet the combined total years of minimum required qualifications for education and experience.

-Ability to effectively work in a team environment and collaborate across multiple business functions.

-Ability to perform in a fast-paced, time-sensitive, and regulated environment with attention to detail.

-Ability to handle difficult communications with advisors and clients and provide effective resolutions.

-Ability to build and maintain strong, positive relationships and influence others without having direct leadership accountability.

-Strong analytical, problem-solving, and organizational skills.

-Ability to learn new systems, technologies, and business processes.

Preferred Qualifications

-Experience with BETA host, LSEG One, BRASS and Microsoft applications with an emphasis on Excel and Power BI.

-Active Series 7 license.

-Experience working in trading, brokerage, securities, or financial services operations environments.

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).

Base Pay Salary

The estimated hourly rate for this role is $26.15 - $35.96 / hour. 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

Non-Exempt

Job Family Group

Business Support & Operations

Line of Business

CLEAR Clearing

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.