Middle Office Analyst

AllianceBernsteinNashville, TN
5d

About The Position

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. 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.

Requirements

  • The ideal candidate should have a bachelor’s degree in finance, Economics, Accounting or another relevant discipline.
  • Experience in Trade Support, working with a team environment with time sensitive deadlines is desired.
  • Our team members typically have track records of outstanding professional performance or academic achievement, along with excellent analytical skills, financial skills, technical skills, attention to detail as well as strong communication skills.
  • Candidates should have a strong ability to work and manage in a collaborative environment and to present results to both expert and non-expert audiences.

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

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Number of Employees

1,001-5,000 employees

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