We are seeking a San Antonio based ABDC Operation Analyst to join our AllianceBernstein Defined Contribution group in ABDC Operations Team.
The ABDC Operations department is responsible for all transfer agency related services for our Collective Investment Trust (CIT), Defined Contribution Products: Custom Retirement Strategies (CRS), Lifetime Income Strategy (LIS) and Multi Asset Select Retirement, CIT and Wealth Strategies products. This includes but is not limited to processing and quality control verifications on all daily trading activity, reconciling client holdings and producing daily trade confirmations. Other duties include monthly fee assessment, production and distribution of client level reports, procedural documentation and implementation, responding to client requests, problem research and resolution.
This role is responsible for executing and providing oversight to the operational processes including but not limited to, trade processing, trade execution, reconciliation, settlement, and problem resolution from our Institutional Clients.
The normal work schedule for this position is Monday – Friday 8:00AM – 5:00PM CT.
The funds in the products mentioned above are all structured as fund-of-funds. The ABDC Operations team is responsible for booking the fund-of-fund trades, calculating and executing the underlying component trades, settling trades and completing the reconciliation of the positions with the external fund managers.
The key job responsibilities include, but are not limited to:
ABDC Operations is responsible for multiple retirement products as well as maintaining the operational infrastructure for each one. This means that the individual in this role will be exposed to a wide array of business processes and expected to learn about the involved network of our partner firms. In addition, there are many opportunities to improve, automate and enhance current practices.
What is the professional development value of this role, i.e. what learning and professional growth does the role offer the candidate?
Opportunities for learning and growth include: learning the intricacies of AB’s defined contribution business, leading cross-functional team projects, learning how to analyze a business process in order to identity risk and possible enhancement, and how to perform UAT.
Qualifications, Experience, Education:
Location: San Antonio, TX
AB is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. AB employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies, and alternative investments, and, through its subsidiaries and joint ventures, operates in more than 20 countries. AB’s research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities. Through its integrated global platform, AB is well-positioned to tailor investment solutions for its clients. AB also offers independent research, portfolio strategy and brokerage-related services to institutional investors.San Antonio, TexasPosted 2 Days AgoFull timeR0004544
We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the globe. With over 3,700 employees across 51 locations operating in 25 countries, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.
Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we want to support you in making your impact. If you're ready to challenge your limits and empower your career, 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.