AllianceBernstein

  • Head of ETF Capital Markets

    Location : Location US-TN-Nashville
    ID
    2019-6379
    Category
    Client Services (Sales, Marketing, Product Strategy)
    Position Type
    Full-Time
  • Company Overview

    About AllianceBernstein

     

    AllianceBernstein (AB) is a leading global investment-management firm that offers high-quality research and diversified investment services to institutional investors, financial intermediaries and private-wealth clients in major global markets. Our client base includes some of the world’s leading institutions as well as private-wealth clients and retail investors. We maintain research, portfolio-management, wealth-management and client-service offices around the world, reflecting our global capabilities and the needs of our clients. Partnering closely with clients, our research and portfolio management teams collaborate across asset classes, regions, sectors, and investment strategies to spark new thinking and deliver superior outcomes. We foster an inclusive environment that offers opportunities for team members to continually learn, develop their skills and take on new challenges to progress in their careers.

     

    Client Group Overview

     

    The Client Group has a presence in the Americas, Europe, Asia and Australia, and is composed of five main areas:

    • Sales & Client Services works with financial intermediaries and institutions to offer diversified investment solutions that help c lients build and preserve their wealth
    • Business Development is a conduit to the firm’s investment teams and supports our clients and internal business partners through investment-platform and product content, messaging, competitive analysis and education
    • Product Strategy & Development designs, develops and manages the firm’s global lineup of investment services and considers clients’ evolving needs to identify new opportunities
    • Marketing promotes the firm and its services by creating, packaging and distributing content and messaging to engage diverse audiences through digital platforms and initiatives, strategic campaigns, and events
    • Business Transformation looks to evolve and scale our business, leveraging digital and data, to drive top-line growth and improve profitability 

    AllianceBernstein is an equal opportunity employer.  We do not discriminate based race, color, creed, national origin, sex, age, disability, marital status, sexual orientation or citizenship status.

    Responsibilities

    Job Summary


    The Head of ETF Capital Markets will be responsible for primary and secondary market quality in AllianceBernstein (AB) ETFs and will maintain strong relationships with Authorized Participants (APs), Market Makers (MMs) and other key external and internal stakeholders. The Capital Markets expert will engage with the broker dealer community, stock exchanges and trading desks to ensure an efficient trading ecosystem for AB ETFs. The specialist is also responsible for understanding the nuances of trading ETFs spanning all asset classes.


    Job Description


    Specific responsibilities include but are not limited to:

    • Develop and manage relationships with Authorized Participants (APs), Market Makers, and ETF Trading Desks
    • Track market quality of ETFs by monitoring Bid/Ask spreads and premium/discounts to NAV across products and communicate issues with Market Makers
    • Confirm accuracy of daily PCF files, ETF Indicative NAVs (iNAVs) and other relevant data being disseminated to the market
    • Facilitate communication between the Portfolio Management teams and APs to promote the create-redeem process
    • Develop and maintain strong working relationships with the AB Relationship Managers as well as Institutional Sales teams. Provide Sales with training, education, and updates about AB ETFs
    • Assist clients with ETF trading to achieve best execution
    • Present analysis of ETF trading, spreads, and volume to ETF Fund Board
    • Work closely with the Product Strategy and Development to assist with research related to new and existing products to ensure ETFs are structured to trade efficiently

    Qualifications

    Job Qualifications & Key Attributes


    The ideal candidate should have:

    • 5+ years experience in an ETF Capital Markets role, ideally with Active ETF experience. Experience with custom Fixed Income baskets preferred
    • Existing relationships with APs, Market Makers, ETF Trading Desks and other participants on the ETF ecosystem
    • Strong knowledge of ETF mechanics, including the factors that drive ETF pricing, creations/redemptions, liquidity and spreads, premiums and discounts
    • Multi-asset knowledge including, fixed income, equities, derivatives (futures, swaps, etc.) and FX
    • Understanding of Regulatory framework and willingness to stay current on upcoming changes/updates
    • Bachelor’s degree required
    • MBA, CFA or equivalent desirable but not required
    • Strong technical skills (Bloomberg, Excel, etc.) required
    • Series 7, 63 registered
    • Impeccable attention to detail
    • Ability to synthesize data and arrive at a compelling conclusion
    • Collaborative and open to other viewpoints
    • Agility and innovation when faced with complexity and/or adversity

    Location: Nashville, TN

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