Job Information
Ameriprise Financial Finance Leadership Development Program Associate in Minneapolis, Minnesota
Are you looking for a company that values diversity, collaboration, and growth? The Ameriprise Financial Leadership Development Program (LDP) offers meaningful work experience for emerging talent in a FORTUNE 500® company within the Financial Services industry. The Finance LDP is a 24-month experiential commitment crafted to cultivate your business knowledge, gain on-the-job training, network in an encouraging, inclusive, team-based environment, have exposure to senior leaders and contribute to the success of the company through three, 8-month rotations. With access to our Business Resource Networks – which includes the Black Employee Network, Young Professionals Network, PRIDE Network – you will increase your own sense of belonging and engage in relevant networking and development opportunities. Embark on this journey as a Leadership Development Program Associate and lay the foundation for your future.
Our finance professionals are responsible for financial support, analysis and strategic direction for the Ameriprise Financial business units and overall company.
The Finance LDP rotates through and completes work within the following business areas:
· Accounting/Reporting Rotation – learn the steps to reach the bottom line
· Finance Rotation – create decision support-based analytics for business partners
· Utility Rotation – blend both your finance and accounting skills on business projects that involve our internal service providers and business processes
After exploring the breadth of the business unit(s) through each rotation, LDPs may have the opportunity to post to a permanent position within Ameriprise Financial.
Key Responsibilities
Responsibilities vary depending on current rotation and assigned projects(s) and may include:
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 2024 or May/June 2025
Commitment to complete the full 24-month Leadership Development Program
Preferred Qualifications
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
The company does not offer sponsorship for this opportunity.
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.
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
Human Capital
Line of Business
FIN Finance