Investment Management Operations Summer Intern
AllianceBernsteinAbout the role
Who You’ll Work With
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. During the internship, you will be matched with a mentor who will help with your assimilation into the firm and provide career advice. Upon successful completion of your internship, you will have the opportunity to present to a committee of senior Operations & Technology executives. Operations delivers a wide range of middle and back office support to all of AllianceBernstein’s investment services (equities, fixed income, alternative investments) as well as distribution channels (institutional clients, individuals and private clients). You will work with the front office and portfolio management as well with various custodian banks and vendors, and provide regional support in the Americas, Europe and Asia-Pacific. As an Intern, you will be placed in one of the below teams: 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 qua