AllianceBernstein

  • Senior Program Manager

    Location : Location US-TN-Nashville
    ID
    2020-6936
    Category
    Information Technology
    Position Type
    Full-Time
  • Company Overview

    AllianceBernstein (AB) is a global investment-management firm providing industry-leading research and investment solutions through a combination of innovation, intellectual curiosity and relentless ingenuity. We offer high-quality research and diversified investment services to institutional and individual investors worldwide. Our clients include some of the world's top institutions as well as private-wealth clients and retail investors. Through close partnerships with our clients, we collaborate on investment strategies across regions and sectors to inspire innovative thinking and deliver superior outcomes.

    We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. We offer our talent the opportunity to grow professionally while working on cutting-edge ideas and outcomes in a global culture that operates as a tight-knit community.

    If you're ready to innovate and grow your career, join us.

     

    IT Group Description

    The Fixed Income Risk Data team, which is part of Fixed Income Technology (FIT) at AllianceBernstein, is responsible for servicing the risk data needs (sourcing, cleansing, mastering, storage and distribution) of various Investment Management applications supporting the Fixed Income business.  Supported business functions include Research, Portfolio & Risk Management, Performance Attribution and Client Reporting.

    Responsibilities

    Job Description:

    We are seeking a Nashville-based Senior Program Manager to lead our Fixed Income Analytics platform

     

    Describe the role:

    We are looking for a well-rounded senior manager with 8-12 years of investment analytics data management.  The ideal candidate should have at least 7 years overseeing Fixed Income analytics and risk management systems.

     

    The role will be responsible for a global team of 5-10 individuals supporting on-going data integrity, risk technology and market data vendor management. The role requires significant expertise in the fixed income risk domain including an excellent understanding of portfolio and security level risk modeling techniques, the sources of tracking error, and how the data quality of model inputs (e.g. terms and conditions, pricing) can impact the quality of the risk model results. The candidate should have a broad knowledge of all investment product types, with expertise in those used for fixed income mandates (e.g. structured products and credit derivatives).

     

    The candidate’s team will provide support for portfolio risk, security level analytics and index data used as benchmarks or model portfolios by portfolio and risk managers and research analysts.  This includes:  supporting the full data acquisition and scrubbing process, developing/integrating with our quality control program, tuning/enhancing the existing batch stream, and developing business logic enhancements to the existing analytics data.

     

    The candidate will work with business users, IT management and various IT groups to identify and document the specifications, analyze data, and develop/implement technology solutions.  The candidate will be required to develop an understanding of the FIT technical architecture including the database and application design, and the impact of design decisions on application performance, maintainability and data quality.  The role requires managing multiple projects within the fixed income risk program, strategic initiatives and tactical enhancements.  Members of the project team will include both on-shore and offshore data and system analysts. 

             

    Describe the applications and business or enterprise functions the role supports:

    • FIRE: Fixed income portfolio and security analytics and benchmark data master
    • DDH: Fixed income data distribution hub
    • CADIS: Security reference master
    • FIO: Fixed income portfolio optimizer
    • IRA: Index returns and analytics reporting and portfolio modeling tool

     

    The key job responsibilities include, but are not limited to:

    • Manage the fixed income analytics platform
    • Manage internal client relationships: partner with portfolio managers, product development and operational teams to ensure analytics service levels are maintained and continuously improved
    • Working directly with quantitative analysts and portfolio managers to document and validate business rules (e.g. data transformation, enrichment and exception criteria)
    • Ensure effective investment risk data governance: document and present risk data policies to senior management for approval and publication, and implementation
    • Learn the FIT infrastructure, data models and related data flows
    • Develop a solid understanding of the FIRE database platform
    • Partner with other onshore and offshore support personnel
    • Use SQL database language for data analysis and inquiry
    • Manage critical data outages and/or errors, and perform root cause analysis and recommend mitigation plans

     

    What makes this role unique or interesting?

    The Fixed Income Technology group is looking to build out a new data integrity team based in Nashville. This management role will not only develop the skills of local team members working specifically in support of analytics but will also impact the growth and development of other local team’s talent that are new to the investment management business.

    Qualifications

    Qualifications, Experience, Education:

    • BS/MS in either Information Systems, Finance/Economics or Computer Science
    • 8-12 years of investment risk data management, managing data integrity efforts, compiling metrics and demonstrating service level improvements over a multi-year period
    • At least 7 years overseeing Fixed Income analytics and risk management systems.
    • Experience supporting the entire software development and implementation lifecycle; work on multiple streams simultaneously. Should be able to work with onshore and offshore developers for solution implementation.
    • Candidate must have excellent knowledge of the fixed income risk domain: including portfolio and security level analytics risk measures, index data vendors (e.g. Bloomberg, ICE, FTSE) and familiarity with parametric / factor-based risk models (e.g. Bloomberg PORT+, Barclay’s POINT, Aladdin Risk, Barra One, or FactSet) 
    • Fixed income and Derivatives product knowledge (structured products, emerging market bonds, corporates, inflation risk bonds and derivatives, credit derivatives, interest rate derivatives, municipal bonds)

     

    Person Specifications:

    • Excellent interpersonal skills; strong service-oriented mindset. Requires an ability to interface with multiple constituent groups and build sustainable relationships; effective influencing skills.
    • Strong analytical, problem solving and data mining skills 
    • Ability to prioritize, work to deadlines, work under pressure. Results oriented, flexible, adaptable.
    • Versatile, creative temperament, ability to think out-of-the box. Ability to master new skills.
    • Strong, effective communication skills (verbal and written).

     

    Special Knowledge:

    • CFA Certification a plus

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