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AllianceBernstein
VP/Risk Manager
Nashville, TN
Nov 19, 2024
Full-time
Full Job Description
Job Description

Who you'll work with:

Global Head of Risk Control Candidate who will work within the Multi Asset and Hedge Fund Solutions (MAHFS) Risk Management team. The primary responsibilities are enforcing the firm’s error management and operational excellence / risk framework within the FI SBU. The role is a direct report to the Global Head of Operational Excellence and includes support for error coordination and metrics, from a shared resource within the Multi Asset Portfolio Management Group. The broader risk team is based in primarily in Nashville with a footprint in New York and London, while the business is located globally throughout major AB offices. The risk teams develop a deep understanding of AB’s investment products and operational policies and procedures and use that knowledge to help guide risk adverse improvements while also improving overall process efficiency.

The candidate will partner with the areas involved to help them document and correct the error, identify the contributing process weaknesses, and agree on improvements to support our firm’s program of continuous improvement and risk reduction. This role works hand in hand with the Portfolio management, Portfolio Implementation, Trading, Technology, and Operational teams. The candidate is expected to effectively communicate with senior management in various forms to raise awareness of errors, areas of risk and share process improvements.

What you'll do:

  • Actively manage the team’s approach in the error/incident resolution process to ensure a timely notification and processing for the MASHFS business unit which involves:

    • Partner with portfolio managers, associate portfolio managers or trading to cover market exposure due to trading or client account errors

    • Coordinate calls between interested parties where necessary to conduct root cause analysis of material breaches in procedure

    • Escalation and notification to Sr. Management

    • Liaise with Client Servicing group regarding the impact to client accounts and with Fund Administration group regarding the impact to funds and establishing necessary levels of communication

    • Assist business and risk management with the development of remediation efforts

    • Work with senior risk management professionals to highlight significant areas of concern and required action.

  • Supporting the Operational Excellence Head in error trend analysis and other operational risk projects which involves:

    • Collaborating with firm-wide error coordinators to share best practices

    • Lead projects to facilitate the implementation of efficiencies

    • Partner with Global Risk Managers to help on any initiatives which impact the firm’s account base.

    • Assist in periodic reviews of Risk Maps with business partners

    • Identifying and monitoring Key Risk Indicators

    • Participating in various working groups and forums focused on managing operational risk and efficiency

    • Streamline internal reporting

    • Awareness, communication with business and participation on regulatory changes and impact to the FI SBU

What we're looking for:

  • Bachelor’s degree

  • 2-5 years relevant work experience, preferably with operational risk or process management

  • Strong project management skills

  • Highly analytical with a strong attention to detail

  • Superior communication and interpersonal skills in order to disseminate information and elicit consensus from senior managers in the firm

  • Self-starter with the ability to work both independently and in groups

  • Team player who is able to work in a global team

  • Intermediate level understanding of the financial markets

  • Knowledge of statistics & statistical analysis

  • Advanced Excel/Powerpoint / Power BI skills

Who We Are:

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.

Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!

People of color, women, and those who identify as LGBTQ people are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB’s policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.

Nashville, TennesseePDN-9d85e27b-7e61-4629-bffd-8f551b142f68
Job Information
Job Category:
Finance
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VP/Risk Manager
AllianceBernstein
Nashville, TN
Nov 19, 2024
Full-time
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