What are the responsibilities and job description for the Middle Office Analyst position at AllianceBernstein?
Group Description:
ABMO is the primary operational contact for all AB Trading Desks. The team allocates trades in the relevant order management systems and ensure that they are sent downstream correctly. The team is also responsible for the trade confirmation, collateral processing and the settlements process.
Job Description:
We are seeking a Nashville, Tennessee based Analyst to join our Trade Support Team .
Describe the role:
To perform various trade support tasks including trade allocations, rebooking, and confirmation. Additionally, the role will perform as an escalation contact for any trade settlement issues which occur post confirmation. The individual will be expected to work as a part of a global team and will need to be able to communicate effectively with various internal and external clients.
Describe the applications and business or enterprise functions the role supports:
The Trade Support team services all the AB Trading Desks. On a daily basis t he employee will use Longview (LVTS), Minerva, 4Sight and Microsoft Office ; internal applications such as Apex, Portfolio Management System, ACE, and GO; and use multiple vendor systems including Bloomberg.
The key job responsibilities include, but are not limited to:
Allocate trades across all products in the relevant order management systems.
Work with traders to ensure trade details are entered accurately.
Rebook trades due to discrepancies in commission, fees, broker, etc.
Ensure that all settlement issues are handled properly.
Resolve claims issued by brokers and custodians.
Monitor and resolve failed trades.
What makes this role unique or interesting?
Fast paced, dynamic environment which includes daily interaction internally with trading, finance and external brokers and clients.
What is the professional development value of this role, i.e. what learning and professional growth does the role offer the candidate?
The employee will develop extensive knowledge on the various products that AB offers and the differences amongst them. They will communicate with the front office who are the decision makers behind AB Performance and Success. This is a demanding and rewarding position which can provide the candidate a global view of the Investment Managers Role.
Job Qualifications (The ideal candidate should have the following):
The candidate should be able to communicate effectively, work well in a team setting, and be able to effectively handle changes with a positive outlook.
Qualifications, Experience, Education:
The ideal candidate should have a Bachelor’s degree in Finance, Economics, Accounting or another relevant discipline. Experience in Trade Support, working with a team environment with time sensitive deadlines is desired.
Skills:
Our team members typically have track records of outstanding professional performance or academic achievement, along with excellent analytical skills, financial skills, technical skills, attention to detail as well as strong communication skills. Candidates should have a strong ability to work and manage in a collaborative environment and to present results to both expert and non-expert audiences.
Special Knowledge:
The Candidate should be outgoing, possess strong communication skills, work well in a team setting, and handle change with a positive outlook.
Location: City/State/Country: Nashville/TN/USA
Company Description:
As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients’ most valued asset-management partner.
With over 4,400 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to clients, we’re looking for unique voices to help lead us forward. If you’re ready to challenge your limits and build your future, join us.
People of color, women, and LGBTQ people are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation. Gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB’s policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.
#LI-BA1
Nashville, Tennessee