Portfolio Implementation Associate

AllianceBernstein; Nashville (TN); On-site; USD 70,000 - 95,000; Full time

Job summary

AllianceBernstein in Nashville, TN, seeks a Portfolio Implementation Associate for the Private Wealth PMG. You will implement equity decisions, monitor positions, manage cash flows, and handle client requests throughout the client lifecycle.

The role requires 1–3 years wealth management or financial operations experience, a bachelor’s degree, and the ability to work in the U.S. without visa sponsorship. Collaborative cross‑functional work and process improvement are emphasized.

Qualifications

• Bachelor’s degree in business, finance, economics, math, computer science, engineering, or liberal arts.

Responsibilities

• Implementing investment decisions for individual equity accounts
• Day to day monitoring of portfolio positioning, trade executions, cash management and compliance with client guidelines
• Addressing client requests and managing events throughout the client’s life cycle, such as cash flows, transitions, and account openings and closings
• Liaising with other departments (Senior Portfolio Managers, Research Analysts, Legal/Compliance, Sales/Marketing, Trading, Investment Operations/Accounting)
• Project-based initiatives related to trade implementation product design and process improvement

Education

Bachelor’s degree

Job description

Who You’ll Work With:

Private Wealth Portfolio Management Group supports the implementation of our private client accounts. The Private Wealth product suite is becoming more complex and we are looking to grow our team to support this. The associate will gain an understanding of private wealth management and the customization we provide our clients to meet their financial goals such as tax aware investing and wealth planning.

What You’ll Do:

We are looking for a Portfolio Implementation Associate to join our Private Wealth PMG team in Nashville, TN.

The Portfolio Management Group (“PMG”) is responsible for portfolio implementation and supports the global portfolio management teams by authorizing and implementing portfolio decisions, and serving as the contact point with the trading desks, operations and sales teams. Functions may include portfolio construction, monitoring asset exposures and allocations, managing client specific requests, tax management, monitoring pre-trade client guideline compliance and exception resolution. Portfolio Implementation Associates initiate trades and monitor the portfolios on an ongoing basis. Portfolio Implementation Associates develop a deep understanding of AB’s investment products and operational policies and procedures.

Specific Responsibilities will include:

• Implementing investment decisions for individual equity accounts
• Day to day monitoring of portfolio positioning, trade executions, cash management and compliance with client guidelines
• Addressing client requests and managing events throughout the client’s life cycle, such as cash flows, transitions, and account openings and closings. Private Wealth PMG manages hundreds of transactions per week and the PIA is responsible for contributing to this volume.
• Liaising with other departments internally, including Senior Portfolio Managers, Research Analysts, Legal/Compliance, Sales/Marketing, Trading, and Investment Operations/Accounting
• Project-based initiatives related to trade implementation product design and process improvement

What We’re Looking For:

Successful candidates will possess the following attributes:

• An interest in the financial markets, industry regulations and portfolio management
• Detail-oriented with strong quantitative and analytical skills that can be leveraged to evaluate portfolios
• The ability to prioritize, multitask and work effectively with a team in a deadline-driven environment
• Strong interpersonal skills and ability to effectively communicate and build relationships with teams throughout the organization
• An ability to think holistically, understand end-to-end processes and reconsider the status quo
• A proactive and inquisitive approach toward new challenges and problem-solving

Candidates should be top academic performers, be interested in the investment management industry and meet the following criteria:

• Bachelor’s degree candidates in business, finance, economics, math, computer science, engineering, or liberal arts
• Has 1-3 years of wealth management or financial operations experience
• Previous experience with US Equity operational product design a plus
• Candidates must be able to work in the U.S. without visa sponsorship (now or in the future)

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