Associate Portfolio Manager

2 weeks ago


Nashville, United States AllianceBernstein Full time

Insurance Associate Portfolio Manager (APM)AllianceBernstein is seeking an Insurance Associate Portfolio Manager (APM), reporting to the Manager of Insurance Portfolio Management Group (PMG). APMs are responsible for supporting our Insurance Portfolio Management teams through accurate and efficient implementation of portfolio decisions. They support all asset classes and work closely with teams across the AB enterprise, including investment management, operations, technology, sales, trading as well our partners at the Client Group. An APM should show an interest in financial markets and will develop a deep understanding of our products, operational policies, and procedures.As part of the business, the Insurance APM role offers high visibility to the Investment teams as well as other areas of the firm including Sales, Product Development, Middle Office, Compliance, and Technology and Operations. This role enables an individual to experience all aspects of the asset management business. Insurance APMs also gain exposure to our insurance clients through working on strategic projects, ad hoc portfolio and asset analysis, and other client requests.What You'll Do:Managing portfolio cash balances and ensuring cash balances are consistent with portfolio guidelines and current investment strategy.Monitoring portfolio positions, trade orders and analytics for compliance with client guidelines and adherence to asset allocation, duration, and risk targets.Highlighting deviations from targets and recommending trades to rebalance portfolios.Generating purchase or sell orders to manage client cash flows, FX rebalances and active investments.Facilitating account opening/closings and liaising with Sales and Portfolio Management to address ad-hoc client requests.Assisting with preparation of investment and portfolio exposure reports.Reviewing proposed guideline amendments, custodial changes and other activities that may impact accounts.Identifying opportunities and partnering with technologists to re-engineer and automate processes to increase operational efficiency, improve client service and enhance risk controls.Providing support to Portfolio Managers, Sales, Trading and Operations to deliver against client requirements.Partner with Insurance Ops in portfolio transfers and determine actionable cash balanceBuild and maintain investment program trackers and report-out presentationsServe as Clients' first go-to on asset class related inquiries and provide impairment review support.Perform bespoke analysis on asset allocation and provide insurance specific relative value recommendations.What We're Looking For:A bachelor's degree with two to five years of industry-related experience.Experience with Fixed Income credit, currency and/or global markets is preferred.Motivated self-starter with a passion for process improvement and leveraging technology to solve complex business problems.Strong interest/experience in financial markets, notably insurance asset management.Excellent problem-solving and analytical skills.Effective communication skills paired with a strong desire to work in a team-oriented organization.Exceptional understanding of risk management and overall control environment.Proficiency in Microsoft Excel.Strong soft skills such as adaptability and creativity.Coding experience is beneficial: SQL, Python, etc. or use of data visualization tools like PowerBI.About AB: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 usAll 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 and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.Nashville, Tennessee



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