We established the Technology & Operations Associate Program (TOP) in 2000 to develop our next generation of leaders. During this rotational program, Associates experience up to four challenging six-month rotations in a specific track or career path, in this case, Investment Management Operations, before joining a permanent team. Associates will have the unique opportunity to rotate through many areas of the business gaining exposure and visibility across the firm, while benefiting from formalized training and mentorship. Each rotation will require you to learn a new skill or expand an existing one. Each associate will complete a project that is critical to the success of the team, department and firm. During the program, you will be matched with two mentors who will help with your transition into the firm and provide career advice. Upon successful completion of each rotation, you will have the opportunity to present to a committee of senior leaders in Operations and Technology. Throughout the program, associates will meet with program leaders to review available career paths and work together to determine their next opportunity (based on the firm’s needs and associate interests). Who We Are: Operations delivers a wide range of middle and back office support to all of AllianceBernstein’s investment services (equities, fixed income, alternative investments) as well as distribution channels (institutional clients, individuals and private clients). You will work with the front office and portfolio management as well with various custodian banks and vendors, and provide regional support in the Americas, Europe and Asia-Pacific. The program will expose associates to various functional areas within Operations, such as: Derivative Operations provides operational and administrative processing support for Derivatives Trading and Investment Management for Fixed income, Equity and all other non-standard alternative investment vehicles. Client Guideline Management is responsible for the coding of investment restrictions into the compliance tools, and the monitoring of potential guideline breaches in our clients’ portfolios. Global Portfolio Administration is generally responsible for account administration, such as bank reconciliations and account transitions, for clients utilizing an external custodian for their assets. Private Client Administration serves as an operational liaison to Private Client Sales and Portfolio Management and provides administrative support for all Private Client accounts. Reference Data Services is responsible for maintaining core data for all AllianceBernstein’s processes, such as security setup, pricing, corporate actions, class actions and account setup, as well as the entry, maintenance and quality of the data. Fixed Income – Alternatives Operations is responsible for implementing and maintaining an operational model to support AllianceBernstein’s expanding Private Credit Products. These include Middle Market Lending, and Residential/Securitized Mortgage. Operational Risk partners with the business to develop key risk and performance indicators that provide a balanced view of our organization and can be used to improve its processes, ensure proper controls and escalation capabilities are in place globally, and coordinate risk mitigation initiatives in partnership with other business units. Alternatives Infrastructure & Operations supports alternative investment products and complex fund structures including a variety of products and strategies. The team is able to support these complex structures by increasing scale and capabilities through automation and design of efficient processes and tools, while instituting best practices.
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Job Type
Full-time
Career Level
Entry Level
Number of Employees
1,001-5,000 employees