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Senior Manager in Strategy & Business Development for Ameriprise Financial – driving growth, M&A and strategic initiatives.
Hybrid role in Minneapolis, Minnesota, requiring 7‑10 years in finance or consulting, with advanced analytical and leadership skills.
About Our Company
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
Job Description Ameriprise Financial supports clients in achieving their financial goals through long-term, trusted relationships with 10,000 advisors nationwide, skilled in fostering relationships built on trust and expertise. Specializing in retirement planning for mass affluent and affluent clients (with $500,000+ in assets), Ameriprise delivers tailored investments through our branded advisor force, insurance and annuity solutions through our RiverSource subsidiary, and asset management products through our Columbia Threadneedle asset manager. Ameriprise is proud to hold the following recognitions and achievements: Longstanding leader in financial planning and advice TIME’s America’s Most Iconic Companies of 2026 The Strategy and Business Development Group (SBD) is an internal consulting function. The Senior Manager of the Strategy and Business Development Group (SBD) is a critical and highly visible team member that will collaborate and partner closely with executive leaders. We are seeking someone who can drive strategic initiatives, including corporate strategy, mergers and acquisitions, new business development, and other high-impact priorities at the enterprise level. This includes working with and supporting senior Ameriprise leaders to turn growth strategies into actionable plans that drive results and strengthen our competitive edge.
Key Responsibilities
Key Responsibilities Take ownership of core project components, pinpoint key issues, and use targeted analysis to drive effective solutions. Communicate hypotheses clearly and deliver actionable insights to project teams through well-structured research and analysis. Collaborate with client team members to lead problem‑solving efforts, directing the team to execute and deliver precise actionable solutions. Craft a compelling rationale for recommendations and communicate them clearly to the client team, ensuring seamless adoption and execution. Support senior Ameriprise leaders in executing recommended strategies. Assist in reviewing strategies across all business lines to ensure alignment with the overall Ameriprise strategies. Identify and provide analytical support for potential acquisitions and joint ventures as well as divestiture opportunities. Align on strategic initiatives through emphasizing the implementation on execution plans.
Required Qualifications
Required Qualifications Bachelor’s degree with 7-10 years of relevant work experience required. Direct experience working in financial services OR experience working in a fortune 500 company. Experience in consulting, investment banking, private equity, corporate finance, or marketing strategy. especially within a financial services context. Demonstrated problem solving, analytical and thought leadership skills. Strong interpersonal and communication skills, and ability to effectively interact with senior executives.
Preferred Qualifications
Preferred Qualifications MBA from a top-tier institution. Experience working within a Wealth or Asset Manager. Experience in using Microsoft 365 Copilot as well as software-embedded generative AI tools for strategy development, data analysis, competitive and market intelligence, executive‑level synthesis and recommendation generation.
Visa Sponsorship
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
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. TIME magazine partnered with Statista to recognize America’s Most Iconic Companies of 2026.
Base Pay Salary
Base Pay Salary The estimated base salary for this role is $140,200 - $192,800 a 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.
Full-Time/Part-Time
Full-Time/Part-Time Full time
Exempt/Non-Exempt
Exempt/Non-Exempt Exempt
Job Family Group
Job Family Group Enterprise Strategy
Line of Business
Line of Business CACOM CorpComm & CommunityRelations
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.