Who You’ll Work With:
The Private Client Servicing Analyst provides complete support for the PC channel across the life cycle of Private Client accounts/relationships and has a heavy daily interaction with Sales, PC Portfolio Management and other Operations teams to support day-to-day servicing. The candidate will report to a Team Manager and provide support to the AB Private Client Sales force.
We are seeking a San Antonio-based Private Client Servicing Analyst, to join our Private Client Administration team within Private Client Operations.
- The Private Client Servicing Team acts as Operational generalists and is a liaison between Sales, Portfolio Management and Operations. The Servicing Analyst plays a key role in nearly all aspects of the AllianceBernstein Private Client Business and will be responsible for servicing a designated client base. The candidate will play an integral role in the day-to-day servicing of Private Client accounts.
What You’ll Do:
- Quality review and open domestic and foreign client accounts on various systems including custody and accounting systems.
- Provide day-to-day reconciliation of custody and accounting systems for all private client accounts.
- Collaborate with brokerage firms, banks and transfer agents to transfer client assets into and out of the firm as quickly and efficiently as possible.
- Initiate performance measurement process for all new accounts to accurately track and report account performance to clients.
- Review account activity and update client cost basis which is integral to timely and efficient trade execution and portfolio management.
- Assist in the quality control of account attributes and data for various tax reports provided to clients and to the IRS.
- Provide oversight for asset transfers between retirement accounts to effect accurate government reporting.
- Field questions from Sales and various other departments supporting firm’s mission to provide excellence in client service.
- Participate in client related research projects, product launches and other firm wide initiatives.
- Support offshore team at AXA Business Services.
- Assist in review of communications with end client to validate outgoing cash movement to 3rd party recipients.
What We’re Looking For:
- Bachelor’s degree, preferably in Accounting, Business or Finance. College graduates who have had internships in the finance industry will also be considered.
- The candidate should have a working knowledge of the Microsoft Office suite of products (particularly Excel, Word and Power Point).
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 us!
All 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.
San Antonio, Texas
