Mortgage Backed Securities Analyst

Description:RiverSource Investments, an Ameriprise Financial Company, is hiring a Residential Mortgage-Backed Analyst. This person will be a part of the Structured Assets Research Group. Sector coverage will include non-agency residential mortgage-backed securities including prime, Alt-A and sub-prime mortages. The analyst will be responsible for; -Analysis of new investment opportunities-Making individual security recommendations incorporating prepayment, credit and relative value analysis -Surveillance of existing holdings in the various portfolios. Our Structured Asset Analysts also work closely with Structured Asset Portfolio Managers in formulating portfolio strategy and positioning.Qualifications:Qualified candidates should have two to five years of related experience within investment research covering MBS securities, thorough understanding of security structures, excellent quantitative and PC skills. Candidates must be team players with proven communication skills demonstrating the ability to be proactive, persuasive and assertive. The successful candidate must display a sense of urgency to generate strong investment performance, be innovative and independent in their research. Our analysts must be able to build and maintain strong relationships with Wall Street and internal partners. An MBA and/or CFA are preferred.Salary/Benefits: Salary commensurate with experienceWe offer competitive benefits to eligible employees (including medical, dental, and vision plans). We also offer tuition reimbursement, dependent care assistance, domestic partner benefits, 401K and company paid retirement, generous paid time off, legal assistance, and financial planning and more! Ameriprise Financial is an equal opportunity employer.Job Location: Minneapolis, MNJob Number: 76213Company URL: http://ameriprise.com/amp/global/careers/careers.aspCompany Profile:About Ameriprise FinancialWe are Ameriprise Financial, a FORTUNE 500 company,* a leader in our industry with more than 10,000 branded financial advisors and more than 8,900 employees nationwide. We have nearly 2.8 million individual, business and institutional clients* and $474 billion in assets owned, managed and administered.** Our momentum comes from the personal, long-term relationships we cultivate with our clients and employees. This commitment is the basis of our unique, collaborative approach to financial planning, and the reason why we made the Top 20 on BusinessWeek's 2006 list of Best Places to Launch a Career.*** With us, you can count on a competitive compensation and benefits package, continuing opportunities for advancement and the training you'll need to bring out your full potential. It's time to help people plan for their dreams. It's time to matter more.Climb Your Everest*Source: FORTUNE Magazine, April 30, 2007**As of March 31, 2007. Source: Ameriprise Financial First Quarter 2007 Statistical Supplement, page 3***Source: BusinessWeek, 9/18/06Ameriprise Financial Services, Inc., Member FINRA and SIPC, is an Ameriprise Financial, Inc. company. Ameriprise Financial Services, Inc. is an Equal Opportunity Employer. 2007 Ameriprise Financial, Inc. All rights reserved. (10/07) Learn More | View All Jobs |