We are seeking a Nashville based Alternatives Operations Analyst to join our Alternatives Infrastructure & Operations team within Global Technology & Operations.
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.
OPS Group Description:
The Alternatives Infrastructure & Operations team (“Alts Ops”) aligns with AB’s Alternatives Business Development unit and reports into Operations & IT. Alts Ops supports approximately $17 billion of alternative investment products and complex fund structures including private equity, private credit, hedge funds, fund of funds, co-invests, business trusts, business development corporations, and other commingled vehicles domiciled in Cayman, Delaware, Ireland, Luxembourg, and beyond. Investment strategies include Private Credit/Middle Market Loans, Real Estate, Emerging Equity, Energy, Multi-Manager, etc.
Alts Ops collaborates with product development, legal, fund accounting, sales, technology, and external service providers to onboard investment teams & strategies and to maintain their ongoing operations. The team is also tasked with increasing scale and capabilities through automation and design of efficient processes & tools, while instituting best practices. In addition, Alts Ops seeks to deliver an intuitive and consistent experience for our clients and staff across our diverse set of alternative vehicles. Thematic goals include:
Describe the role:
The Alternatives Operations Analyst will work with the Alternatives Operations Manager and is responsible for supporting AI Ops’ team deliverables and mandates. The analyst will have ownership of and provide support for the existing alternative funds to ensure timely and accurate processing of all investor level transactions and values on daily, monthly, quarterly, and annual reporting cycles. They will also assist senior team members with regular tasks and special projects.
The analyst will have the opportunity to work closely with other stakeholders within AB, including portfolio management teams and leaders within the Alternatives business and the Private Wealth Management and Institutional sales channels. Through these collaborations, the analyst should build a strong internal network with individuals at a range of levels and from a variety of departments and management levels.
Describe the applications and business or enterprise functions the role supports:
The role supports AB Alternatives space across multiple distribution channels and business units and involves building new and/or enhancing existing applications and processes including:
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.
Additional responsibilities include data maintenance, documentation, and active monitoring of investor and fund level activity for multiple funds across AB’s portfolio, accounting, and related systems. Working in close conjunction with multiple third-party service providers including administrators, custodians, and lenders, the analyst will provide oversight to ensure prompt and accurate processing of investor requests and transactions, which may include address changes, settlements, cash disbursements, and receipts. They will also oversee the full life-cycle of private equity activity including closes on commitments, capital calls, distributions, and assignments of interests.
Over time, the analyst will acquire subject matter expertise on specific fund terms, systems, day-to-day processes, investor holdings, and related data for some of the firm’s most innovative and complex products. With this knowledge base, they will act as a liaison to various departments and assist by providing insight and solutions to complicated questions and challenges. The analyst may also represent the AI Ops team on new fund launch initiatives and contribute ideas for structuring and reducing time to market. With the goal of iterative progress, the analyst should ultimately advocate their observations and recommendations for further advancement of AB Alternatives platform.
What is the professional development value of this role?
Ability to learn about Alternative Investment Vehicles and their mechanics, support new products, and influence technology development.
Location: Nashville, TN, USA
Initial training in White Plains, NY