Address
Form of workCompany Description
As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals, and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients' most valued asset-management partner.
With over 4,400 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business, or providing thoughtful advice to clients, we're looking for unique voices to help lead us forward. If you're ready to challenge your limits and build your future, join us.
Job Description Summary
We are seeking a Nashville based junior Derivative Valuation Analyst to join our Pricing & Valuations team in Global Technology & Operations. The analyst will work closely with various internal teams and external parties to independently and accurately calculate an end of the day valuation for OTC Derivatives.
Team/Group Description
The Pricing & Valuations team supports most core functions at AB including Global Fund Accounting, Client Reporting and Performance, Portfolio Management, Legal and Compliance, and Financial Reporting. Pricing is responsible for timely and accurate valuations of all assets held in client accounts. The data distributed by this team effects daily valuation, Mutual Fund NAV's, regulatory reporting, financial reporting, and trading.
Role Description
The Derivative Valuation Analyst will be responsible for the core daily pricing function within AB Pricing Group in respect to OTC Derivatives.
Key job responsibilities include, but are not limited to
Professional development value of this role (i.e., what learning and professional growth does the role offer the candidate?)
The role will provide exposure to a wide range of OTC financial instruments and asset types, which will provide a varied and challenging environment in which to work and grow. Additionally, on a day to day basis, they will interact with other teams in operations - giving a hands-on understanding in operations within a multi-billion dollars asset management company. Also, AB offers a number of in-house learning opportunities that the candidate can leverage to enhance their knowledge and advance their career growth.
Job Qualifications
While we welcome all applicants, the candidates with graduate degrees or extensive experience will be given limited consideration given a junior nature of this role. The ideal candidate should have the following:
Qualifications, Experience, Education
Skills
Nashville, Tennessee
As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals, and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients' most valued asset-management partner.
With over 4,400 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business, or providing thoughtful advice to clients, we're looking for unique voices to help lead us forward. If you're ready to challenge your limits and build your future, join us.
Job Description Summary
We are seeking a Nashville based junior Derivative Valuation Analyst to join our Pricing & Valuations team in Global Technology & Operations. The analyst will work closely with various internal teams and external parties to independently and accurately calculate an end of the day valuation for OTC Derivatives.
Team/Group Description
The Pricing & Valuations team supports most core functions at AB including Global Fund Accounting, Client Reporting and Performance, Portfolio Management, Legal and Compliance, and Financial Reporting. Pricing is responsible for timely and accurate valuations of all assets held in client accounts. The data distributed by this team effects daily valuation, Mutual Fund NAV's, regulatory reporting, financial reporting, and trading.
Role Description
The Derivative Valuation Analyst will be responsible for the core daily pricing function within AB Pricing Group in respect to OTC Derivatives.
Key job responsibilities include, but are not limited to
- Run daily derivative pricing processes for internal books & records and external NAV calculation within strict deadlines.
- Validate daily automated pricing across all derivatives; investigate missing, stale and outside of tolerance levels and raise to an appropriate internal or external stakeholders in a timely fashion.
- Be a primary point of contact for derivative valuation issues responding to inquiries from both internal (Derivative Operations, Pricing Oversight, Risk, Portfolio Management, Audit) and external (Vendors, Custodians, Counterparties, Audit) client inquiries and respond in timely, detailed, and professional manner.
- Work very closely with IT and External Vendors to develop enhancements and applications to continually improve pricing process.
- Implement and continuously improve quality standards and controls to ensure timely and accurate pricing.
- Search and implement the low cost reliable second source pricing measures to enhance the existing Quality Control.
- Hybrid attendance (at least 3 days in the office are required)
Professional development value of this role (i.e., what learning and professional growth does the role offer the candidate?)
The role will provide exposure to a wide range of OTC financial instruments and asset types, which will provide a varied and challenging environment in which to work and grow. Additionally, on a day to day basis, they will interact with other teams in operations - giving a hands-on understanding in operations within a multi-billion dollars asset management company. Also, AB offers a number of in-house learning opportunities that the candidate can leverage to enhance their knowledge and advance their career growth.
Job Qualifications
While we welcome all applicants, the candidates with graduate degrees or extensive experience will be given limited consideration given a junior nature of this role. The ideal candidate should have the following:
Qualifications, Experience, Education
- Bachelor's degree in STEM
- Strong math aptitude and attention to detail
Skills
- Good communication skills - both verbal and written
- Prior directly relevant experience is a plus
- Programming skills are a plus
- Knowledge of Bloomberg is a plus
Nashville, Tennessee
