Analyst, NY Trade Support

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.

Alliance Bernstein Middle Office (ABMO) serves as the primary operational liaison for all AB Trading Desks. The team is responsible for overseeing trades within the relevant order management systems, ensuring they are processed correctly downstream. In the event of any issues, ABMO coordinates solutions with Trading, Compliance, and both internal and external parties to achieve resolution. Additionally, the team manages trade confirmations with brokers and clearers, collateral processing, and the settlements process.

Ops Job Description:

We are seeking a Nashville, Tennessee based Analyst to join our Trade Support / Confirmations Team

Describe the role:

• Perform various trade support tasks, including trade allocations, rebooking, and confirmation. Serve as an escalation contact for any trade settlement issues that arise post-confirmation. The individual will be expected to work as part of a global team and must 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 AB Trading Desks. Daily tasks involve using Longview (LVTS), Minerva, SFCM, TES, Perform, and Microsoft Office; internal applications such as Apex, Portfolio Management System, ACE, and GO; and multiple vendor systems including Bloomberg.
   
• Provide product support for Fixed Income, Equities, Futures, Foreign Exchange, Repurchase Agreements, Collateral, and Private Placements.

The key job responsibilities include, but are not limited to:

• Allocate trades across all products in the relevant order management systems.
• Collaborate with traders to ensure accurate entry of trade details.
• Coordinate with brokers to ensure trade settlement.
• Rebook trades due to discrepancies in commission, fees, broker, etc.
• Ensure proper handling of all settlement issues.
• Resolve claims issued by brokers and custodians.
• Monitor and resolve failed trades.

What makes this role unique or interesting (if applicable)?

• This role offers a fast-paced, dynamic environment with daily interactions internally with trading and finance, as well as externally with 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 acquire extensive knowledge of the diverse range of products offered by Alliance Bernstein and develop an understanding of the distinctions among them. This role involves direct communication with the front office, which plays a crucial role in the firm's performance and success. As a demanding and rewarding position, it offers the candidate a comprehensive global perspective on the role of Investment Managers. Additionally, this role may open up further opportunities within operations, compliance, portfolio management, and various other areas within the firm.

Job Qualifications:

The ideal candidate should have the following:

• Qualifications, Experience, and 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 (if applicable): 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

Nashville, Tennessee