Finance Leadership Development Program Associate

About this role

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

At Ameriprise Financial, Columbia Threadneedle Investments, and RiverSource, we're committed to helping early-career talent grow through meaningful work and practical learning. Whether you're joining us as an Intern or Leadership Development Program participant, you'll work alongside experienced colleagues, contribute fresh perspectives, and gain exposure to the people, projects, and experiences that drive our business forward. Guided by our values of excellence in all we do and respect for individuals and our communities, participants will have opportunities to connect with Executive Leadership through our ELT Speaker Series, gaining insights from senior leaders across the business, while also making a positive impact through our annual volunteering day.

Our program is guided by values of being client focused, acting with integrity always, striving for excellence in all we do, and showing respect for individuals and our communities. Participants will have the opportunity to engage with senior leaders through our Executive Leadership Team (ELT) Speaker Series, gaining valuable business insights and career perspectives, while also giving back through our annual volunteering day, supporting the communities in which we live and work.

This is an exciting opportunity to develop your skills, expand your network, and explore what's possible across a global financial services organization.

About the Role:

Over 24 months, you’ll dive into three dynamic 8-month rotations that will give you real-world experience in key areas like: • Accounting/tax/audit – learn the steps to reach the bottom line • Finance – create decision support-based analytics for business partners • Utility – blend both your finance and accounting skills on business projects that involve our internal service providers and business processes (ex: procurement, risk, treasury, real estate, business planning and analysis)

After exploring the breadth of the business unit(s) through each rotation, LDPs have the opportunity to post to a permanent position within Ameriprise Financial.

How you’ll spend your time…  

• Prepare a cost benefit analysis to determine expected benefits of a new product or program   

• Analyze profit and loss statements and recommend solutions to grow revenues and manage expenses   

• Balance sheet management, due diligence, and process re-engineering   

• Prepare expense and revenue forecasts and analyze trends and variances from plan and prior forecasts   

• Work with a team conducting an audit and testing controls of a business process   

• Evaluate business risks and opportunities to mitigate risk   

• Assist with the creation of a cash flow spreadsheet for purposes of dividend planning   

• Perform analysis of taxable income from investments, variance analysis and year over year trends   

Examples of past LDP projects include:    

• Build and maintain financial models to drive critical initiatives. Worked with key partners from finance and the business to build documentation and present to leaders.   

• Worked with teams across the Finance Business Unit to assist with implementing new software for the organization.   

Required Qualifications:   

• Current Senior at a 4-year university pursing a bachelor’s degree Finance, Accounting, Economics or Mathematics, or related field   

• Graduation date of December 202 6 or May/June 202 7  

• Commitment to complete the full 24-month Leadership Development Program  

If you also had this, it would be great:   

• High degree of self-motivation with strong integrity and ethics   

• Proven organization skills and ability to manage time effectively   

• Excellent communication, interpersonal, and presentation skills   

• Ability to work and communicate collaboratively with all levels of the organization including team members, managers, and senior leaders   

• Proficient with Microsoft Office Suite   

• If job requires knowledge of specific software, hiring leaders can add that here  

  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 $73,000. 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.

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