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.
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.
OPS Group Description:
Broker Dealer Operations is responsible for the support of the global Sell Trading and US custody of AB’s Private Client business. The broker dealer is a registered subsidiary entity in multiple countries with multiple exchange memberships which operates across 45+ markets. For each regional location, a broker dealer operations support team is in place to support local activity but works within the global support framework to provide the highest quality of service to internal and external global client base. Since 2012 the operational functions have been outsourced to a major industry provider leaving a global team of 33 highly skilled individuals in broker dealer processing and regulations to provide the necessary oversight for the daily activity. The global team supports a global sell side business with yearly revenues of approximately $400mm and nearly $90B in private client assets.
OPS Job Description:
We are seeking a Nashville TN based Team Leader to join our Custody Services group in Broker / Dealer Operations, with a concentration of responsibilities in Books & Records reconciliations, Depository reconciliations, SEC Rule 15A-6 trade reconciliation and receipt and administration of physical stock certificates.
In addition to the responsibilities above the Custody Services group also provides outsourcing oversight and supervisory control for corporate actions reorganizations, dividend and interest processing, and proxy reconciliation.
Oversight of the following outsourced functions:
What makes this role unique or interesting?
Will be responsible for the supervision and control of all functions related to handling and processing of physical certificates, reconciliations and Broadridge outsourcing oversight within the Broker Dealer area.
Special Knowledge: Experience with DTCC and/or Broadridge applications is a plus.
Location: Nashville, TN, US