Job Information
Ameriprise Financial Senior Associate - Distribution Operations in Gurugram, India
About Our Company
Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection.
Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP.
Job Description
As a Senior Associate in Distribution Operations team, you will be managing AML/KYC and distributor due diligence processes for wholesale and institutional clients of our EMEA-based asset management business. You will work in close partnership with the EMEA Client Management team and act as a key liaison between internal stakeholders and clients, ensuring client-driven activities, processes and outcomes result in an excellent service and experience for our clients. Your primary responsibility will be to ensure we have sufficient information and controls relating to investors in and distributors of our EMEA-based products and strategies, to allow us properly to discharge both our fiduciary duties to our investor universe and our regulatory obligations such as Consumer Duty. You will do this principally by sourcing, analyzing and maintaining relevant client information for operational and regulatory purposes, in most cases working directly with clients. In addition, you will work closely with various other internal functions such as Client Service Ops, Financial Crime Prevention, Global Contract Office and others based both in India and in EMEA. As part of this role, you will be expected to identify opportunities to improve these processes and work with internal teams to deliver these improvements. This role requires strong ownership, stakeholder management, and subject matter expertise in AML/KYC and fund distribution operations.
Key Responsibilities
Operational Excellence & Compliance
Execute AML/KYC and Distributor Due Diligence processes in line with regulatory requirements (e.g., CSSF 18/698, FCA Consumer Duty)
Take ownership of the Distributor Due Diligence process, including scoping intermediaries, classification under MiFID/FCA rules, executing due‑diligence reviews, ensuring documentation accuracy, and maintaining compliant record‑keeping
Improve the quality and consistency of KYD, KYC, and ODD/refresh documentation by ensuring accurate uploads, timely updates, and complete record‑keeping within Salesforce and the ume platform
Work with Client Managers, where necessary, to ensure appropriate client engagement
Escalate to Financial Crime Prevention and / or Distribution & Branch Oversight, as necessary, to clarify AML/KYC / Distributor Due Diligence requirements and to identify potential alternative types of documentary evidence to meet requirements
Maintain high standards of data accuracy and documentation in systems such as Salesforce and internal repositories
Stakeholder Engagement
Act as the point of contact for internal teams including Client Service Ops, Financial Crime Prevention, and Global Contract Office
Escalate and resolve issues with appropriate internal teams and governance bodies
Represent Distribution Operations in cross-functional meetings and committees
Monitoring & Governance
Ensure timely execution of periodic due diligence and AML/KYC refreshes
Monitor trigger events and oversee appropriate responses and documentation
Manage exemptions, extensions, and risk acceptance processes, ensuring governance protocols are followed
Support branch oversight activities including committee coordination, reporting, and action tracking
Process Improvement & Controls
Identify and lead initiatives to improve process efficiency, automation, and risk mitigation
Deliver continuous improvement based on data analysis, insights, and stakeholder feedback
Perform quality control checks and ensure adherence to internal governance standards
Required Qualifications
Bachelor’s degree in Finance, Business Management, or related field
3–5 years of relevant experience
Strong understanding of AML/KYC regulations and distributor due diligence in asset management
Excellent communication and stakeholder management skills
Strong analytical, decision-making, and problem-solving skills
Proficiency in MS Office tools such as Copilot, Power Apps, Power Automate, Excel and Power Point as well as tools such as Salesforce and Liferay
Good to Have
Experience in cross-border fund distribution and asset management operations
Familiarity with EMEA regulatory frameworks such as CSSF 18/698 and FCA Consumer Duty
Experience in process improvement, automation, and data-driven decision-making
Exposure to governance and committee-level reporting
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 three (3) days per week, with flexibility to work from home two (2) days 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.
Full-Time/Part-Time
Full time
Timings
(11:30a-8:00p)
India Business Unit
AWMPO AWMP&S President's Office
Job Family Group
Business Support & Operations
Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, 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.