Director, Deferred Compensation and LTIA at Ameriprise Financial Services, LLC | MN | Rezi

Director, Deferred Compensation and LTIA at Ameriprise Financial Services, LLC

Director, Deferred Compensation and LTIA

Ameriprise Financial Services, LLC · MN

Today

Director, Deferred Compensation and LTIA

Ameriprise Financial Services, LLC · MN

12 hours ago
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About the Role

Provides strategic leadership and operational oversight for the organization’s deferred compensation and long-term incentive award (LTIA) programs, ensuring compliance, governance, cost-effectiveness, and alignment with organizational objectives. Consults with internal stakeholders to influence program design, simplify administration, and manage 409A risk.

Responsibilities

  • Provide leadership for the administration of deferred compensation and LTIA programs for eligible employees, ensuring programs align with organizational strategy, business priorities, and talent objectives.
  • Act as a trusted advisor and consultant to senior leaders and key internal stakeholders, influencing decisions related to program design, modifications, and optimization.
  • Partner cross functionally with Legal, Finance, HR, Payroll, HR Operations, and external advisors to balance competitiveness, employee needs, fiscal responsibility, and regulatory requirements.
  • Lead analysis of existing programs and associated costs to identify opportunities to simplify plan design, enhance benefit value, and reduce operational and compliance risk, including 409A exposure.
  • Ensure all deferred compensation and LTIA programs are administered in compliance with applicable federal and state regulations, with a strong focus on anticipating, mitigating, and managing 409A risk and administrative complexity.
  • Guide stakeholders through complex regulatory considerations, helping translate technical requirements into practical, sustainable program designs.
  • Own and maintain strong relationships with external deferred compensation and LTIA recordkeeping vendors, providing oversight to ensure service levels, accuracy, and compliance standards are met.
  • Oversee vendor processes related to new awards, vesting, distributions, and participant support, ensuring operational practices reinforce simplification and risk management objectives.
  • Develop and lead communication strategies for new or modified deferred compensation and LTIA programs, including annual enrollment materials, timelines, and participant guidance.
  • Partner with stakeholders to ensure communications are clear, accurate, compliant, and designed to promote informed decision making while reducing misunderstanding and compliance risk.
  • Lead, coach, and develop a team responsible for the day to day administration and governance of deferred compensation and LTIA programs, fostering accountability, technical expertise, and continuous improvement.
  • Provide ongoing feedback, formal performance reviews, and career development guidance to direct reports.
  • Build team capabilities in consultative leadership, stakeholder influence, and risk aware decision making to support both operational excellence and strategic partnership.

Requirements

  • Bachelors degree or equivalent (4 years)
  • 10+ years of experience, with 5+ years experience in one or more benefits functional areas.
  • Depth of experience/knowledge in deferred compensation and equity programs.
  • Previous vendor management experience.
  • Knowledgeable of deferred compensation and equity arrangements.
  • Strong financial and analytical skills to analyze cost and effectiveness.
  • Excellent written and verbal communication skills for preparing benefit program communications and delivering information to others.
  • Experienced people leader with demonstrated track record of building an effective team.
  • 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).

Skills

  • Deferred compensation
  • Long Term Incentive Awards (LTIA)
  • 409A risk management
  • Vendor management
  • Financial analysis
  • Analytical skills
  • Written communication
  • Verbal communication
  • Team leadership
  • Consultative leadership
  • Stakeholder influence
  • Risk aware decision making

Location

  • In-Office Collaboration (at least four (4) days per week)

Work Type

  • Full time
  • Hybrid (one (1) day per week remote flexibility)

Experience Level

  • 10+ years of experience
  • 5+ years experience in benefits functional areas
  • Experienced people leader

Education Level

  • Bachelors degree or equivalent (4 years)

Salary/Compensations

  • $117,900 - $207,100 / year

Benefits

  • Vacation time
  • Sick time
  • 401(k)
  • Health insurance
  • Dental insurance
  • Life insurance
  • Variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role

About the Company

  • Diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024.
  • Team of 22,000 people across 19 countries.
  • Serves more than 3.5 million individual, small business and institutional clients.
  • Longstanding leader in financial planning and advice, a global asset manager and an insurer.
  • Unwavering focus on clients and strong financial foundation connects unique businesses: Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.
  • Fosters meaningful careers, invests in the future, and makes a difference for clients, institutions and communities around the world.

Equal Opportunity

  • 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.