AllianceBernstein is a global investment management firm offering research and diversified investment services to institutional, retail, and private-wealth clients. The Investment Management Operations Summer Intern will learn or expand relevant skills and complete a project critical to the success of an operations team, with exposure to investment services, portfolio management, custodians, vendors, and operational processes.
Responsibilities
Your internship will require you to learn a new or expand an existing skill set and knowledge base, and/or complete a project that is critical to the success of the group, department or firm
Derivative Operations provides operational and administrative processing support for Derivatives Trading and Investment Management for Fixed income, Equity and all other non-standard alternative investment vehicles
Client Guideline Management is responsible for the coding of investment restrictions into the compliance tools, and the monitoring of potential guideline breaches in our clients’ portfolios
Global Portfolio Administration is generally responsible for account administration, such as bank reconciliations and account transitions, for clients utilizing an external custodian for their assets
Private Client Administration serves as an operational liaison to Private Client Sales and Portfolio Management and provides administrative support for all Private Client accounts
Reference Data Services is responsible for maintaining core data for all AB processes, such as security setup, pricing, corporate actions, class actions and account setup, as well as the entry, maintenance and quality of the data
Fixed Income – Alternatives Operations is responsible for implementing and maintaining an operational model to support AB’s expanding Private Credit Products. These include Middle Market Lending, and Residential/Securitized Mortgage
Operational Risk partners with the business to develop key risk and performance indicators that provide a balanced view of our organization and can be used to improve its processes, ensure proper controls and escalation capabilities are in place globally, and coordinate risk mitigation initiatives in partnership with other business units
Alternatives Infrastructure & Operations supports alternative investment products and complex fund structures including a variety of products and strategies. The team is able to support these complex structures by increasing scale and capabilities through automation and design of efficient processes and tools, while instituting best practices
Qualification
Required
December 2027 or May/June 2028 Bachelor's degree candidates in finance, economics, business administration or related fields
Cumulative GPA of 3.3 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)
Proficiency in Microsoft Office and Excel
Client Focus and an interest in serving our firm's internal clients
Interest in leveraging AI and emerging technologies to enhance operational efficiency, improve data quality, strengthen risk management, and support informed business decision-making
Excellent verbal and written communication skills
Ability to work in a challenging, fast-paced team-oriented environment
Aspiration for a career in management operations
Preferred
Mentor who will help with your assimilation into the firm and provide career advice
Opportunity to present to a committee of senior Operations & Technology executives upon successful completion of your internship
Firmwide Onboarding
Introduction to Asset Management and Capital Markets
Mentoring Program
Career Planning
Training and Development Opportunities
AllianceBernstein is a publicly traded global asset management firm, with approximately $735 billion in assets under management at March
