Who you'll work with:
We are seeking a highly motivated and detail-oriented Financial Control Analyst to join our team. The successful candidate will be responsible for supporting the operations of our Alternative, US Retail and Lux funds. This role requires a strong analytical mindset, excellent problem-solving skills, and the ability to work effectively in a fast-paced environment. The Financial Control Department is responsible for reconciling all transfer agency related bank accounts, reconciling distributions to shareholder accounts and handling all associated money movements including weekly commissions and 12B-1 payments. Other duties also include collecting and reporting data that is used for the Fund’s Financials. In addition, the Financial Control department also acts as liaison to Global Fund Admin, Broker Dealer Accounting, and the custodial banks.
The Financial Control Analyst is a key role for our firm performing reconciliation of all settled financial activity within the Transfer Agent (TA). This includes the reconciliation of incoming subscription orders as well as outgoing redemption proceeds. The position also requires reconciling distributions specific to dividends, commissions, and service fees for bank accounts held at State Street Bank and Bank of America while aiding in the protection of the firm from both internal and external fraud.
Ensure that the processing and reconciliation of mutual funds, Collective Investment Trusts, and Alternative Fund transactions and their corresponding money movements are completed accordingly
Production of management statistical spreadsheets and TA reports to ensure proper and accurate reporting of the Fund’s financial statements
Ongoing review of operational activities
What you'll do:
Monitor and manage the operational processes for Alternative investments, ensuring accuracy and efficiency
Perform daily reconciliation of transactions, positions, and cash balances across various Short Term and Alternative investment accounts
Maintain and update internal databases and systems to ensure data integrity and accuracy
Submit/Release daily wires via the custodian bank applications
Reviews as-of transactions report
Reduces the liabilities of the Firm by closing open items within 10 days
Contacts internal/external processing units to resolve trade discrepancies
Complies reports and prepares payments to Omnibus dealers for 12B-1 fees
Participates in various monthly financial reporting processes
Communicates with Global Fund Admin, Broker/Dealer Accounting, Portfolio Management and custodian banks to relate net activity to the funds and necessary money movement
Perform ancillary tasks related to bank account activity
Support other functions within the Financial Control Department as business needs arise and availability of the individual permits
What we're looking for:
Bachelor’s degree or equivalent experience.
Proficient in MS Office Excel and Access
Organized, thorough, and conscientious. Establishes priorities and follows through on tasks to completion.
Strong verbal and written communication skills.
Strong problem solving and analytical skills. Number and detail-oriented.
Ability to work independently and cooperatively in a team setting.
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.
San Antonio, Texas
