Rotational Portfolio Implementation Associate

AllianceBernstein • Nashville, TN

3d • 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. Functions may include portfolio construction, monitoring asset exposures and allocations, managing client specific requests, tax management, monitoring pre-trade client guideline compliance and exception resolution. Portfolio Implementation Associates initiate trades and monitor the portfolios on an ongoing basis. Portfolio Implementation Associates develop a deep understanding of AB’s investment products and operational policies and procedures.

The Rotational Portfolio Implementation Associate will rotate through 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 associate 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

• December 2026 or May/June 2027 Bachelor's degree candidates in business, finance, economics, math, computer science, engineering, or liberal arts
• Cumulative GPA of 3.0 or higher
• 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)
• Strong analytical and problem-solving skills
• Strong verbal and written communication skills coupled with the confidence to thoughtfully assert his/her ideas with a broad audience
• Detail-oriented, ability to multitask and work in a fast-paced environment
• 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

• Implementing investment decisions for accounts to meet the intent of various strategies
• Day to day monitoring of portfolio positioning, trade executions, cash management and compliance of client guidelines
• Addressing client requests and managing events throughout the client’s lifecycle, such as cash flows, transitions, and account openings and closings
• Liaising with other departments internally, including Senior Portfolio Managers, Research Analysts, Legal/Compliance, Sales/Marketing, Trading, and Investment Operations/Accounting
• Project-based initiatives related to trade implementation product design and process improvement.

Benefits

• Competitive salaries and annual bonuses
• Retirement plans with matching employer contribution and no fees on core investments
• A holistic employee benefit package to support your and your family’s health and wellness
• Support for families: generous paid family leave, adoption and surrogacy assistance, backup childcare and infertility coverage

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level