Company Description:
As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients’ most valued asset-management partner.
With over 4,000 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to clients, we’re looking for unique voices to help lead us forward. If you’re ready to challenge your limits and build your future, join us.
Describe the role:
This position will be responsible for executing a wide range of processes within Fund Services and the Client Group. This includes, but is not limited to, anti-money laundering transaction monitoring, review of accounts/holdings against matches on sanctions lists/adverse media, trading functions for Defined Contribution plans, and trading/reporting functions for pooled and single Equitable Separate Accounts.
The best candidate for this position will possess outstanding analytical and problem-solving skills, strong stakeholder focus, and excellent communication skills. This individual should also be highly organized and detail oriented.
The key job responsibilities include, but are not limited to:
- Conduct research/analysis, and monitor account transactions to safeguard the firm against money laundering
- Perform review, assess match validity, and document research details on accounts and holdings in relation to hits on sanctions lists and adverse media
- Execute trading related functions for Defined Contribution Plans, and ensure delivery/confirmation of daily trades
- Process, reconcile, and generate reporting on Separate Account transactions and their corresponding money movements
- Perform ancillary tasks to support functions within Fund Services and the Client Group
- Develop and maintain relationships with internal and external clients
- Update documentation of department processes and procedures
- Meet SLA delivery and productivity targets for each function
- Meet quality standards as outlines by department management
What is the professional development value of this role, i.e. what learning and professional growth does the role offer the candidate?
This is an opportunity to contribute to various teams’ critical functions across ABIS. This individual will be able to learn numerous functions within operations to enhance their skillsets. The candidate will be encouraged to develop better practices for existing tasks, enhance procedures and cross train on various areas of our business.
Job Qualifications (The ideal candidate should have the following):
Qualifications, Experience, Education:
- The ideal candidate should have a bachelor’s degree or equivalent in Finance, Economics, Accounting or another relevant discipline that provides an understanding and interest in the financial markets and trade flow
- Experience in compliance-focused processes and strong aptitude in researching and analyzing risk
- 3-5 years’ experience in financial back-office operations and transfer agency processes
- Experience working within a team environment with time sensitive deadlines is required
Skills:
- Detail-oriented – Delivers high quality, accurate work in a fast-paced environment
- Organized and thorough - Establishes priorities and follows through on tasks to completion
- Strong analytical skills – Ability to follow documented procedures and apply sound professional judgment
- The individual will be expected to work as a part of a global team and will need to be able to communicate effectively with various internal and external teams. Candidates should have a strong ability to work in a collaborative environment exhibiting strong verbal and written communication skills
- Ability to work in a fast paced, dynamic, and changing environment which includes daily interaction internally and externally with various Transfer Agent and Operations teams
- Working knowledge in MS Excel and MS Access is a plus
Special Knowledge (if applicable):
- Strong knowledge of transfer agency compliance requirements and business operations, as well as familiarity with capital markets, banking, and securities
