Senior Counsel-Asset Management at Ameriprise Financial in Charlotte, North Carolina

Job Description:

Attorney supporting the asset management business of Columbia Threadneedle Investments, with a focus on supporting distribution of the firm's retail products -- Separately Managed Account offerings, the Columbia Funds (a group of approximately 170 mutual funds, ETFs and closed-end funds) and Collective Investment Trusts.

This position can sit in Boston, Minneapolis, New York, Washington D.C. or Charlotte .

Key Responsibilities

• Provide legal advice to lines of business regarding products, services and operations, training/client disclosure material, contracts, and other legal matters relevant to the line of business supported. Analyze and assess risk in relatively straightforward cases or those which the General Counsel's Office has dealt with previously to offer precedent, but also comfortable addressing non-routine matters. Offer legal insight to aid in business decision-making consistent with goals and objectives. Work with/manage relationships with outside counsel, as required.


• Negotiate various forms of intermediary agreements with broker/dealers, wrap program sponsors, insurance companies and other intermediaries.


• Assist with management of a section 529 college savings plan.


• Manage filing processes for the line of business supported and ensure timely and accurate filings that comply with industry regulations and standards. Mitigate risk to the business.


• Review proposals and agreements drafted by the business. Edit and recommend alternatives based on a sold legal perspective and experience.


• Work with non-U.S. affiliates, attorneys, and clients.


• Negotiate and draft agreements within purview of role and line of business based on legal experience and knowledge of subject matter. Utilize assistance from other legal staff, as needed.


• Cultivating and promoting relationships with key business partners and fostering and promoting a culture of compliance.


• Monitoring global and regulatory developments in consideration of potential impacts on Columbia Threadneedle Investments.

Required Qualifications

• JD.


• 3+ years of relevant experience (including negotiations of contracts).


• Solid understanding of both general principles of law and regulations and those applicable to core practice area(s), in particular the Investment Advisers Act of 1940 and the rules and regulations thereunder.


• Solid drafting, research, and negotiation skills.


• Strong relationship skills with ability to deliver tough messages to both senior managers and employees at all levels in line of business.


• Ability to drive results with minimum supervision and handle day-to-day inquiries independently with judgment as to when to escalate more complex matters.


• Ability to master new bodies of legal knowledge as regulations and business objectives evolve.


• Ability to collaborate effectively across the enterprise, while working respectfully with colleagues and driving results.

Preferred Qualifications

• Experience with the Investment Company Act of 1940 and ERISA.

About Our Company
We're a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 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.

Base Pay Salary

The estimated base salary for this role is $151,500 - $261,300 / 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.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Legal Affairs

Line of Business

GCO General Counsel's OrganizationPDN-9e855d68-cca1-4234-9c8e-8b3c0847b721 Apply Now