Corporate Actions Analyst

AllianceBernstein L.P.; Nashville (TN); On-site; USD 55,000 - 80,000; Full time

Job summary

AllianceBernstein L.P. in Nashville, TN is seeking a Corporate Actions Analyst to join the Institutional Investment Management Operations team.

You will support processing of corporate action events across asset types and collaborate with internal teams to ensure timely and accurate processing. The ideal candidate has a bachelor's degree, some financial analysis experience, and familiarity with corporate actions.

Qualifications

• Bachelor's degree preferably in business related discipline.
• 2 years of work experience with some financial analysis or analytical skills.
• Prior corporate actions experience a plus; data management experience.
• Previous internships in financial services.
• Knowledge of multiple asset classes and how they can be used in portfolios; strong MS Office knowledge.
• Ability to communicate effectively, work well in a team, and adapt to change.

Responsibilities

• Confirming events with custodians and internal clients (PMG, Client Reporting, etc).
• Monitoring custodian/vendor notifications.
• Apply PMG’s investment decisions with the Custodian banks in a timely and accurate manner prior to the custodian deadline (or market deadline if necessary).
• Confirming accurate event details and the subsequent timely processing through the Corporate Actions Processing team.

Skills

Analytical skills

Financial analysis

Data management

Internships in financial services

Communication

Teamwork

Adaptability

Education

Bachelor's degree in business-related discipline

Tools

Microsoft Office

Job description

We are seeking a Corporate Actions Analyst to join our Corporate Actions Department in the Institutional Investment Management Operations Team located in Nashville, Tennessee.

Who You’ll Work With:

Corporate Actions Associate is one of the key Operational units within AB. The group is responsible for the processing of all Mandatory and Voluntary corporate action events on behalf of our clients. The team interacts directly with Portfolio Management, Reconciliation, Settlements, Data Administration, Client Reporting, Pricing as well as Custodian Banks worldwide.

What You’ll Do:

The Corporate Actions Associate will be responsible for performing daily tasks related to corporate events for the assets managed by AB and involved in ensuring compliance with AB Policy. These corporate actions tasks are in support of AB critical business functions. The Corporate Actions Team supports most core functions at AB including Global Fund Accounting, Client Reporting and Performance, Portfolio Management, Legal and Compliance, and Financial Reporting. The data distributed by this team effects daily valuation, Mutual Fund NAV’s, regulatory reporting, financial reporting, and trading. Responsible for supporting Corporate Actions and Non-Depository Distressed Asset Events for all security types which entails:

• Confirming events with custodians and internal clients (PMG, Client Reporting, etc)


• Monitoring custodian/vendor notifications


• Apply PMG’s investment decisions with the Custodian banks in a timely and accurate manner prior to the custodian deadline (or market deadline if necessary).


• Confirming accurate event details and the subsequent timely processing through the Corporate Actions Processing team.

What We’re Looking For:

This role is an entry level role into the field of voluntary corporate actions and Non-Depository Distressed Assets. The regulatory and client service environment is continually changing, and the Corporate Actions Analyst is at the forefront of this. There is regular interaction with senior members of AB as well as the AB Valuation Committee. The Analyst will also have daily correspondence with our AXA-BS Offshore team in Pune, India. AB manages most current asset types (Stocks, Bonds, Asset Backed, all types of Over-the-Counter Derivatives) and the corporate actions associate will be exposed to these asset types.

What is the professional development value of this role:

The role is currently evolving as the environment changes. This role provides an opportunity to learn from some of most experienced investment professionals in the business as well as very seasoned members of the AB pricing team. This role will afford the opportunity for good exposure to senior members of AB management team and provide opportunities to contribute in a very meaningful way.

The ideal candidate should have the following:

• Bachelor's degree preferably in business related discipline


• 2 years of work experience in a function that has some related financial analysis or use of analytical skills


• Prior experience in Corporate Actions is a plus and data management (data manipulation) areas


• Previous internships working in financial services


• Knowledge of multiple asset classes and how they can be used in portfolios and strong knowledge of Microsoft Office


• The candidate should be able to communicate effectively, work well in a team setting, and be able to effectively handle changes with a positive outlook

Nashville, Tennessee

About the Company

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 51 locations operating in 25 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work. Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!

Equal Opportunity Statement

AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB’s policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.

Please be advised that AB does not solicit confidential information from job applicants during the screening process, nor extend job offers without the candidate participating in a series of interviews to be properly considered for an open role. If you receive requests for confidential information, outside of the formal interviewing process even if the person asserts that they represent AB, we encourage you not to reply.