• Reconciliation Oversight Analyst

    Location : Location US-TN-Nashville
    Operations & Technology
    Position Type
  • Company Overview

    AllianceBernstein 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. AllianceBernstein 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. AllianceBernstein’s research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities. Through its integrated global platform, AllianceBernstein is well-positioned to tailor investment solutions for its clients. AllianceBernstein also offers independent research, portfolio strategy and brokerage-related services to institutional investors.


    OPS Group Description:
    The Global Portfolio Administration department provides operational support to the firms Institutional, Private Client and Retail business channels through client servicing, account reconciliation and portfolio administration. The Portfolio Administration team is responsible for the governance and oversight of the all daily reconciliation. Portfolio Administration is also responsible for retained activities including: evaluating the operational impact of tactical/strategic upgrades to AllianceBernstein’s infrastructure, client due diligence meetings, and working with internal/external audit to satisfy regulatory requirements. The Client Servicing team is responsible for ensuring and maintaining the accuracy of client portfolios throughout the account transition lifecycle. The overall responsibility is to achieve operational excellence by consistently providing a superior level of service to our clients while improving efficiencies without compromising controls or risk management discipline.


    OPS Job Description:
    We are seeking a Nashville based analyst to join our Portfolio Administration group in Investment Management Operations.


    Describe the role:

    Within Portfolio Administration, the individual will be responsible for the governance and oversight of all daily Reconciliation activities. This includes interaction with AB Sales and Portfolio Management teams, Auditors and Custodian banks. The individual will be expected to work as a part of a 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 Portfolio Administration team services a number of internal and external applications. On a daily basis the Analyst will use Microsoft Office; internal applications such as BOSS, SNAP, Portfolio Management System, AceWin and AB Advantage, along with external and potentially new applications that include Bloomberg as well as a number of custodian websites.


    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.



    The ideal candidate should have a Bachelor’s degree in Finance, Economics, Accounting or another relevant discipline. Has 2+ years’ experience in business operations, working with a team and meeting time sensitive deadlines.



    Our analysts typically have track records of outstanding professional performance or academic achievement, along with excellent analytical skills, financial skills, technical skills, attentions to detail and 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, work well in a team setting, and handle changes with a positive outlook. Knowledge of strategic outsourcing relationships preferred.


    Location: Nashville, TN, US


    • Daily monitoring and evidencing of oversight controls related to reconciliation.
    • Working collaboratively internal and external stakeholders.
    • Participation in various firm initiatives and working groups
    • Participation in internal/external audit best practice discussions

    What makes this role unique or interesting?

    Fast paced, dynamic environment which includes daily interaction with a large number of internal and external clients.


    What is the professional development value of this role?

    The Analyst will learn about the various products that AB offers and the differences amongst them. They will also have significant contact with the front and middle offices, as well as external clients, making this a demanding and rewarding position. The goal is also to develop this individual into a senior analyst or manager on the team.


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