Correspondence Associate

Analyst

We are seeking a San Antonio, Texas based Analyst to join our Oversight Team in SMA Operations Team. The SMA Analyst will be responsible for providing service and support to the SMA fixed income and equity portfolio management and sales teams. The Analyst will be responsible for a wide variety of evolving tasks related to but not limited to this support. Key applications used are Fiserv Security APL, MS Excel, MS Access, AWD, Bloomberg and web-based sponsor trading and trade support applications.

The Analyst will be responsible for performing and overseeing the various tasks that support the SMA fixed income and equity portfolio business. The best candidate for this position will possess outstanding analytical and problem-solving skills; excellent communication skills; intermediate operational knowledge involving securities, trading, portfolio management, trade settlement, reconciliation corporate actions and reporting. The key job responsibilities include, but are not limited to :

• Oversee our 3rd party service provider (SEI) who builds most equity trades, processes our new and terminated account action items and reconciles our accounts with the custodians. We have a large number of controls in place to ensure SEI performs to our standards. The candidate will monitor daily and weekly controls to ensure a high level of service from SEI.
• Review accounts in the portfolio management system and ensure that they are coded appropriately at all times.
• Review accounts to ensure they are reconciled in a timely manner by SEI and update aged item reporting weekly.
• Manage Trade Orders : Review block trade orders to implement model account changes, analyze trades for potential violations of account restrictions and communicate block trade orders to the AllianceBernstein trading desk for execution.
• Update and communicate Portfolio Management model changes to sponsors
• Review account termination requests processed by SEI are in full compliance with client instructions (full liquidation, and partial liquidation)
• Set up new securities and benchmarks as necessary on Security APL ensuring data matches Bloomberg's security attributes.
• Regularly monitor assigned accounts for potential restriction violations.
• Analyze current holdings of perspective clients to managed account styles and make recommendations to sell or hold securities
• Review and complete error corrections
• Conduct independent evaluations of critical processes to ensure that exposure areas are adequately controlled
• Lead workflow management to ensure work is completed timely by the team
• Review multiple web portals, work queues and inboxes to ensure outstanding work has been completed by team
• Quality review of work processed by the team and our 3rd party service provider (SEI), which is sent to trading for execution
• Work directly with SEI to review and resolve escalated items and issues (workflow, technology, etc)

The candidate should have very strong communication and analytical skills and be highly organized and detail-oriented. The candidate should demonstrate proficiency in manipulating and generating Excel spreadsheets and using Access databases. The candidate should demonstrate a strong understanding of securities markets. The ideal candidate would have at three to five years' experience in the finance industry and ideally a Business or Finance degree.

Skills :

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!