Analyst, NY Trade Support
Posted on: September 15, 2020
We are seeking a Nashville, TN based Analyst to join our Trade
Support Team in IIMO.
The Analyst, NY Trade Support will perform various trade support
tasks including trade allocations, rebooking, and confirmation. The
individual will be expected to work as a part of a team and will
need to be able to communicate effectively with various internal
and external clients. The Trade Support team supports the traders
and also services many internal and external clients.
NYTS is the primary operational contact for all AB Trading Desks.
The team allocates trades in the relevant order management systems
and ensure that they are sent downstream correctly. The team is
also responsible for the trade confirmation and the settlements
process for fixed income, equity, listed derivative, collateral and
foreign exchange trades.
The Trade Support team services all of the AB Trading Desks. On a
daily basis, the employee will use LVTS, Minerva and Microsoft
Office; internal applications such as Apex, Portfolio Management
System, ACE, and GO; and use multiple vendor systems including
Bloomberg. This responsibility includes managing trades for various
products including fixed income, equity and foreign exchange
trades. Other products could possibly fall within this scope as
investment strategies change.
The key job responsibilities include, but are not limited
- Assist in allocating trades across all products in the relevant
order management systems.
- Work with traders or middle office to ensure trade details are
- Identify trades that require rebooking due to discrepancies in
commission, fees, broker, etc.
- Ensure that all settlement issues are handled properly.
- Resolve claims issued by brokers and custodians.
- Monitor and resolve failed trades.
- Proactively production identify issues.
- Confirm and match trades in CTM, OASYS, GTSS or via email.
- Manage relationships with brokers.
- Identify trade breaks in confirmation process.
- Manage exception queues to facilitate trades downstream to
What makes this role unique or interesting (if applicable)?
This role is placed in a fast paced, dynamic environment which
includes daily interaction with live trades.
What is the professional development value of this role, i.e. what
learning and professional growth does the role offer the
The employee will learn a lot about different products that AB
offers and the differences amongst them. They will also have
frequent contact with the front office, which makes this a
demanding and rewarding position.
Job Qualifications (The ideal candidate should have the
Qualifications, Experience, Education:
The ideal candidate should have a Bachelor's degree in Finance,
Economics, Accounting or another relevant discipline. 2+ years'
experience in Trade Support, working with a team and meeting time
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
Special Knowledge: The Candidate should be outgoing, possess strong
communication skills, work well in a team setting, and handle
change with a positive outlook.
Location: Nashville, TN
AB is a leading global investment management firm that offers
high-quality research and diversified investment services to
institutional clients, individuals and private clients in major
markets around the world. AB employs more than 500 investment
professionals with expertise in growth equities, value equities,
fixed income securities, blend strategies, and alternative
investments, and, through its subsidiaries and joint ventures,
operates in more than 20 countries. AB's research disciplines
include fundamental research, quantitative research, economic
research and currency forecasting capabilities. Through its
integrated global platform, AB is well-positioned to tailor
investment solutions for its clients. AB also offers independent
research, portfolio strategy and brokerage-related services to
institutional investors.Nashville, Tennessee
Keywords: AllianceBernstein, Nashville , Analyst, NY Trade Support, Professions , Nashville, Tennessee
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