Rotational Portfolio Implementation Associate

AllianceBernstein LP•Nashville, TN

2d•Onsite

About The Position

The Portfolio Management Group (“PMG”) is responsible for portfolio implementation and supports the global portfolio management teams by implementing portfolio decisions and serving as the contact point with the trading desks, operations, and sales teams. Interns will play a key role to provide support in all aspects of the business. Specific responsibilities and activities may include: Project-based initiatives related to process improvement and portfolio strategies. Data Analysis. Partnering with team members to best support the goals of the group. Interacting and networking with professionals throughout the firm to fuel career success needs. The Portfolio Implementation Summer Internship will provide students with firsthand exposure to careers in asset management, investment research, and financial services. Summer Interns will be placed in one of the following groups: Equity Portfolio Management Group Equity PMG will allow the intern to gain exposure as to how investment managers get their equity, currency and derivative investment ideas implemented. The intern will work on day-to-day tasks as well as project work to improve the effectiveness of portfolio management techniques and to experience how both quantitative and fundamental research is used in the context of managing equity mandates. Fixed Income Portfolio Management Group Fixed Income PMG will allow the intern to gain exposure as to how investment managers get their bond, currency and derivative investment ideas implemented. The intern will work on day-to-day tasks as well as project work to improve the effectiveness of portfolio management techniques and to experience how technology is being used to enhance our investment process. Multi-Asset & Hedge Fund Solutions Management Group Multi-Asset Strategies PMG supports the implementation of the systematic, outcome oriented and income driven investment solutions. The intern will learn how various instruments are used in order to implement the various investment ideas. Day to day tasks and project work will help to improve the efficiency of our portfolio management processes. They will gain an understanding of the complex structures and sub strategies that can be combined to meet the needs.

Requirements

Bachelor’s degree candidates in business, finance, economics, math, computer science, engineering, or liberal arts.
Cumulative GPA of 3.2 or better.
Must be a U.S. Citizen or Permanent Resident (must be able to work in the U.S. without visa sponsorship now or in the future).
Candidates must be available to work full-time from June through August.
Selected candidates will need to successfully complete a thorough background check.
It is not permissible to simultaneously take academic classes or hold other employment that will conflict with the internship schedule.
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.

Responsibilities

Provide support in all aspects of the business.
Engage in project-based initiatives related to process improvement and portfolio strategies.
Conduct data analysis.
Partner with team members to support the goals of the group.
Interact and network with professionals throughout the firm.
Gain exposure to how investment managers implement equity, currency, and derivative investment ideas.
Work on day-to-day tasks and project work to improve the effectiveness of portfolio management techniques.
Experience how quantitative and fundamental research is used in managing equity mandates.
Gain exposure to how investment managers implement bond, currency, and derivative investment ideas.
Experience how technology is used to enhance the investment process.
Learn how various instruments are used to implement investment ideas.
Improve the efficiency of portfolio management processes.
Gain an understanding of complex structures and sub-strategies that can be combined to meet client needs.