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Performance Analyst
AllianceBernstein
Nashville, TN, United States
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Company Overview
AB is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. AB employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies, and alternative investments, and, through its subsidiaries and joint ventures, operates in more than 20 countries. AB’s research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities. Through its integrated global platform, AB is well-positioned to tailor investment solutions for its clients. AB also offers independent research, portfolio strategy and brokerage-related services to institutional investors.
OPS Group Description:
Provide a brief overview of the OPS group, including the core businesses and business functions and applications the group supports, or, if an enterprise-servicing group, what enterprise functions and applications it supports:
The Global Analytic Performance Measurement Team provides Middle and Back Office Operations functions for the AB client-base. These functions are delivered by a mixture of internal AB Operations professionals and via our strategic outsourcing partners.
The Performance team leverages many AB applications and third-party vendor systems, including B-One and First Rate (vendor system), and Global Analytics, PMS, BOSS, CRS, Daily Performance Engine (AB application)
OPS Job Description:
We are seeking a Nashville based Performance Analyst role to join our Institutional Performance Measurement team in Global Analytic.
Describe the role:
The candidate will be a member of Performance Measurement team in Nashville. This team is part of a larger Global Analytics and Performance group. The team is currently responsible for ensuring institutional client account returns are calculated and reported accurately. The account universe covered by the team includes Equity, Global Fixed Income, Multi- assets as well as Alternative Investments. The account universe and team structure may change over time.
Describe the applications and business or enterprise functions the role supports:
The candidate will be working with and overseeing work of our outsourcing partners, AXA-BS. However, the analyst will retain their own schedule of production responsibilities. In addition, we expect that team members will provide project support for various initiatives when required.
Responsibilities
Production
• Review and sign-off performance returns for the AB Universe of accounts, daily and monthly, as applicable.
• Review discrepancies, outliers and liaise with other teams to determine validity, then resolve if required.
• Confirm AB returns with third parties, including custodians and consultants where required.
• Produce regular portfolio performance reports / summaries on a daily, monthly, and quarterly basis; some are manual, complex and time intensive.
• Direct support of Financial Advisors, Marketing, Portfolio Management, Client Reporting and other internal departments.
• Respond to ad-hoc requests, resolve problems and provide clear answers that requestor can understand.
• Support strategic departmental and global initiatives. Assist with project work when required, including data gathering, analysis and user acceptance testing.
• Ensure all tasks are delivered efficiently. Continuous improvement required for all processes and the updating of all procedures.
Oversight
• Review and resolve issues highlighted by AXA-BS including liaison with other departments.
• Ensure all SLA’s are adhered to using tools to monitor progress and escalating any issues as appropriate.
• Contribute to production calls where appropriate.
• Facilitate and perform training for AXA-BS when required.
• Assist AXA-BS partners in enhancing procedures and authorizing changes for BAU (Business As Usual).
• Ability to adapt to new processes through Cross Training of tasks.
• Produce management information including monthly SLA reports and commentary.
What is the professional development value of this role?
The role will provide exposure to a wide range of AB clients, products and asset types, which will provide a varied and challenging environment in which to work and grow. The candidate will have an opportunity to learn or leverage existing Performance skills by working closely with Performance professionals with strong tenure and track records. Additionally, on a day to day basis, they will interact with other teams in operations - giving a hands-on understanding in operations within a multi-billion dollars asset management company. Also, AB has a multitude of in-house learning opportunities that the candidate can take advantage of.
When fully trained, the candidate shall become solely responsible for the delivery of work from this Performance sub team in the Manager’s absence, which carries great responsibility.
Qualifications
• Bachelor Degree in Finance, Accounting and/or Economics
• Familiarity with GIPS helpful
• CIPM a plus
Skills:
• Solid portfolio accounting knowledge and strong analytical skills required.
• Knowledge of performance computations (TWRR vs IRR, chain linking returns, annualizing returns).
• Good knowledge of Microsoft Excel, knowledge of Macros is beneficial, Knowledge of SQL a plus.
• Strong communication skills, both oral and written.
• Needs excellent attention to detail and a high degree of professionalism.
• Must be highly organized often working to tight deadlines.
• Must be able to manage and prioritize multiple responsibilities
• Willingness to work towards solutions; internally motivated – ability to work independently when required.
• Team attitude – recognize contributions of peers and enjoy interacting with others in various locations globally – all with a focus on providing high customer satisfaction.
Location: Nashville, TN
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