Middle Office Analyst

AllianceBernstein L.P.; Nashville (TN); On-site; USD 65,000 - 90,000; Full time

Job summary

AllianceBernstein L.P. in Nashville, TN, seeks a Middle Office Analyst to support trade allocations, confirmations, and settlement processes across multiple product lines. You will collaborate with traders, brokers, and back-office teams in a fast-paced, global environment.

The role requires strong analytical skills, attention to detail, and effective communication to resolve trade issues and coordinate across desks and vendors. Bachelor's in finance or related field preferred.

Qualifications

• Bachelor’s degree in finance, economics, accounting, or related discipline.
• Experience in Trade Support and working with a team environment with time-sensitive deadlines is desired.
• Familiarity with trade processing and settlement concepts is a plus.

Responsibilities

• Allocate trades across all products in the relevant order management systems.
• Collaborate with traders to ensure accurate entry of trade details.
• Coordinate with brokers to ensure trade settlement.
• Rebook trades due to discrepancies in commissions, fees, brokers, etc.
• Ensure proper handling of all settlement issues.
• Resolve claims issued by brokers and custodians.
• Monitor and resolve failed trades.
• Oversee offshore confirmation and settlement teams.

Education

Bachelor’s degree in finance, economics, or accounting

Job description

Who You’ll Work With

We are seeking a Nashville, Tennessee based Analyst to join our Trade Support / Confirmations Team. Alliance Bernstein Middle Office (ABMO) serves as the primary operational liaison for all AB Trading Desks. The team is responsible for overseeing trades within the relevant order management systems, ensuring they are processed correctly downstream. In the event of any issues, ABMO coordinates solutions with Trading, Compliance, and both internal and external parties to achieve resolution. Additionally, the team manages trade confirmations with brokers and clearers, collateral processing, and the settlements process.

What You'll Do

The Middle Office Analyst is a key role for our firm, performing various trade support tasks, including trade allocations, rebooking, and confirmation. The analyst will also serve as an escalation contact for any trade settlement issues that arise post-confirmation. The individual will be expected to work as part of a global team and must communicate effectively with various internal and external clients. The Trade Support team services all AB Trading Desks. Daily tasks involve using Longview (LVTS), Minerva, SFCM, TES, Perform, and Microsoft Office; internal applications such as Apex, Portfolio Management System, ACE, and GO; and multiple vendor systems including Bloomberg. This team provides product support for Fixed Income, Equities, Futures, Foreign Exchange, Repurchase Agreements, Collateral, and Private Placements.

Key job responsibilities

• Allocate trades across all products in the relevant order management systems.
• Collaborate with traders to ensure accurate entry of trade details.
• Coordinate with brokers to ensure trade settlement.
• Rebook trades due to discrepancies in commission, fees, broker, etc.
• Ensure proper handling of all settlement issues.
• Resolve claims issued by brokers and custodians.
• Monitor and resolve failed trades.
• Oversight of offshore confirmation and settlement teams.

The individual will acquire extensive knowledge of the diverse range of products offered by Alliance Bernstein and develop an understanding of the distinctions among them. This role involves direct communication with the front office, which plays a crucial role in the firm's performance and success. As a demanding and rewarding position, it offers the candidate a comprehensive global perspective on the role of Investment Managers. Additionally, this role may open foster further opportunities within operations, compliance, portfolio management, and various other areas within the firm.

What We're Looking For

Education and Experience: The ideal candidate should have a bachelor’s degree in finance, Economics, Accounting or another relevant discipline. Experience in Trade Support and working with a team environment with time sensitive deadlines is desired.

Skills

• Track records of outstanding professional performance or academic achievement
• Excellent analytical skills
• Financial skills
• Technical skills
• Attention to detail
• Strong communication skills
• Strong ability to work and manage in a collaborative environment and to present results to both expert and non-expert audiences

About AB

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 57 locations operating in 26 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! All are encouraged to apply. 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 and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.

Nashville, Tennessee

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! 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.