Ameriprise India | Cash Analyst

Key responsibilities

• You’ll also have plenty of opportunities to make your mark at the office and a difference in your community.
• This position will also interact with Portfolio Managers and Portfolio Manager Assistants to provide overdraft monitoring and notification to these teams.
• As part of the broader Global Investment Operations Department, the job incumbent will be expected, over time, to cross train and be multi-skilled in a variety of functions covering Trade Management (including Share Class Hedging processes) and Derivatives so as provide broader operational support during peak periods.
• Perform reconciliations and cash posting on Aladdin. This involves reconciling custodian and accounting records to the Aladdin application.
• Monitor and notify Portfolio Managers and Portfolio Manager Assistants of overdraft notifications and resolution.
• Ensure all reports are sent out within SLA and accurately.
• Work with Portfolio Management teams to resolve any actual and projected cash related questions.
• Research and resolve reconciliation differences between custodian, accounting and the Aladdin application to meet KPI standards.

Requirements

• Good analytical, quantitative & problem-solving skills and ability to use statistical analysis and modeling.
• Knowledge of Investment tools (like Bloomberg, IDS, Frontier, Aladdin).
• Good communication skills (written / oral), interpersonal skills and be an effective team player.
• Ability to work independently as well as collaborate with cross-functional teams and work across other operational locations.
• Proficiency in MS Office – specifically Advanced Excel.
• Knowledge on Power BI, SQL, Python will be advantage.

Ameriprise Financial

Ameriprise Financial traces its roots to 1894, when John Tappan founded Investors Syndicate. The business later became IDS, was bought by American Express in 1984 and ran as American Express Financial Advisors until it was spun off in 2005 as an independent company listed on the New York Stock Exchange (ticker AMP). Headquartered in Minneapolis, Ameriprise is known mainly for financial planning and advice, alongside asset management under the Columbia Threadneedle Investments brand. Its wholly owned Indian subsidiary, Ameriprise India LLP, was set up in 2005 in Gurugram and later added offices in Noida and Hyderabad. Teams there support the group's businesses in the US and the UK.

Finance roles at Ameriprise India are based in Gurugram and Noida. They span cash management (cash analysts and senior cash analysts), controllership, private and hedge fund accounting, international indirect tax, support for the group's financial advisers, and finance transformation work that brings AI tools into finance processes. The postings ask for a finance or accounting qualification, usually a B.Com or BBA, and some prefer or require an MBA in Finance; others accept a graduate or postgraduate degree in finance, commerce, business management or operations.

• Industry: Financial services: financial planning and advice, wealth management and asset management (Columbia Threadneedle Investments)
• Headquarters: Minneapolis, Minnesota, United States (Ameriprise Financial, Inc.)
• In India: Ameriprise India LLP, a wholly owned subsidiary set up in October 2005, with offices in Gurugram, Noida and Hyderabad