At a Glance
- Tasks: Manage Trade Support and Settlements teams, ensuring smooth operations and client satisfaction.
- Company: AllianceBernstein, a leading global investment management firm with a collaborative culture.
- Benefits: Competitive salary, professional development, and opportunities to work in a dynamic environment.
- Other info: Opportunity to lead projects and engage in industry forums for career growth.
- Why this job: Join a top-tier firm and make an impact in the financial operations sector.
- Qualifications: Degree preferred, 5 years in Financial Operations, strong communication and organisational skills.
The predicted salary is between 60000 - 75000 £ per year.
Company Description
Alliance Bernstein 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.
Alliance Bernstein 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.
Alliance Bernstein’s research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities.
Through its integrated global platform, Alliance Bernstein is well-positioned to tailor investment solutions for its clients.
Alliance Bernstein also offers independent research, portfolio strategy and brokerage-related services to institutional investors.
Operations Group Description
The EMEA Investment Management Operations Team provides Middle and Back Office Operations functions for the EMEA region’s client-base.
These functions are delivered by a mixture of internal Alliance Bernstein Operations professionals and offshore partners.
Job Description
Management of the onshore Trade Support and offshore Settlement teams.
The role necessitates constant emphasis on good communication, attention to detail and adherence to deadlines.
The role furthermore requires the ability to ensure prompt and appropriate response to a broad range of enquiries and issues to reduce risk and ensure the highest levels of client service are maintained.
Team Responsibilities
The candidate will manage the following
- Trade Support
- Allocation of Equity, Fixed Income and Derivative transactions.
- Confirmation of Equity, Fixed Income and Derivatives
- Time sensitive security creation and validation for Fixed Income new issue trading.
- New market due diligence
- Resolution of Portfolio Management and Trade related queries.
- Risk analysis of departmental processes and procedures.
- Participation in global internal working groups and functional service level forums.
- Compilation and review of confirmation metrics
- Settlement of EMEA Equity and Fixed Income trading
- Interest and Coupon Claim Resolution
- Compilation and review of Settlements and Claims metrics
- Additional management duties
- Lead regular formal Broker Reviews
- Lead formal Custodian Reviews.
- Attend relevant Industry Forums.
- Lead projects and initiatives
- Job Qualifications
The ideal candidate should have the following
- Degree level education preferred
- IAQ or IMC or professional qualification preferred
- Five years proven experience gained in a Financial Operations environment with a good understanding of Front to Back operational processes.
- Good product knowledge and sound understanding of Markets and Settlements
- Experience with International Market practices, rules, and regulations.
- Good communication skills, both oral and written.
- Organizational and planning skills.
- Ability to work effectively within a team environment.
- Ability to take direction as needed as well as being able to work independently and proactively.
- Ability to manage time effectively and prioritize responsibilities, think independently, evaluate potential risks, and elevate items appropriately.
- Work within a pressured environment, multi-task, and meet deadlines.
- Ability to build positive internal and external relationships.
- Location
- London
- London, UK
- #J-18808-Ljbffr
Trade Support and Settlements Manager employer: AllianceBernstein
AllianceBernstein is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, the firm provides extensive training and development opportunities, ensuring that team members can advance their careers while contributing to high-quality investment solutions for clients. The inclusive culture fosters open communication and teamwork, making it an ideal place for professionals seeking meaningful and rewarding employment in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Trade Support and Settlements Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like AllianceBernstein. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Trade Support and Settlements Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to AllianceBernstein.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on AllianceBernstein's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at AllianceBernstein
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with AllianceBernstein.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at AllianceBernstein will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former AllianceBernstein employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
