Investment Risk Analyst

Job Description

Columbia Threadneedle Investments, the global asset management division of Ameriprise Financial, is seeking an Investment Risk Analyst to be based in Minneapolis, MN or Boston, MA. This role assists senior risk managers in measuring, monitoring, analyzing, and managing investment risk across Columbia Threadneedle's collection of funds. The role offers an opportunity to develop and improve technical skills while becoming immersed in the investment organization’s culture.

• Engage with senior risk managers and the investment teams to understand their investment processes and the underlying investment risks.
• Review risk reports, communicate findings, and raise observations to senior risk managers and business leaders as needed; research targeted risk issues as advised.
• Research and investigate ad‑hoc risk issues as necessary, interacting with the investment team as required.
• Assist senior team members in analyzing portfolio holdings and risk measures to measure, monitor, and manage investment risk; assist in communicating risk analysis to fund managers.
• Run processes for gathering fund risk data and generating risk reports for portfolios.
• Maintain and improve risk data reporting solutions and create visualizations/reports to support the investment risk process.
• Monitor the integrity and accuracy of data in the system, working with Technology and Operations to resolve system and portfolio data issues as necessary.

• Degree in a quantitative field such as Finance, Mathematics, Statistics, Computer Science, Engineering, Economics, or other relevant area of study. Critical thinking and analysis skills are more important than the specific area of study.
• Programming/coding experience with Python (or similar) and Snowflake/SQL.
• Knowledge of financial market instruments, including options and derivatives.
• Professional and/or educational experience in risk management, investments, and/or finance. Demonstrated passion for markets is critical.
• Excellent analytical capabilities and ability to understand quantitative models.
• Good general understanding of investment management and financial risk management.
• Capable of taking initiative on broader IRM goals to improve departmental capabilities.
• Excellent written and verbal communication skills.
• Ability to handle several tasks, prioritize effectively, meet goals and deliver high‑quality, accurate work in a fast‑paced environment.
• Ability to maintain good relationships with business partners.

• Advanced degree in a quantitative field (economics, mathematics, physical sciences, finance, or statistics).
• Preference given to candidates with a Master of Financial Mathematics.
• Progress toward or achievement of professional designations such as CFA, FRM, or PRM.
• Preference given to candidates with 2+ years of experience, preferably in risk management, investment management, or capital markets.
• Experience and familiarity with Blackrock Aladdin or other risk systems and Tableau.

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).

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. 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; specific requirements will be discussed during the hiring process.

The estimated base salary for this role is $87,400 – $120,200 per year. We have a pay‑for‑performance compensation philosophy. Initial total compensation may vary based on job‑related knowledge, skills, experience, and geographical work location. Most roles are eligible for variable pay in the form of bonus, commissions, and/or long‑term…