Company 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 Trade Support Analyst based in Puneto join our FX Trade Support team in Global Technology & Operations.

Team/Group Description

The Trade Support team at AB is the primary operational contact for all AB Trading Desks. The team allocates trades in the relevant order management systems and ensure that they are sent downstream correctly. The team is also responsible for the trade confirmation and the settlements process for fixed income, equity, listed derivative, collateral and foreign exchange trades.

Role Description

The Trade Support Analyst is a key role for our firm providing daily maintenance on trades executed by AB's trading desk. The primary responsibility of the Trade Support Team is to confirm AB's trades to ensure timely settlement and to manage communication with our counterparties. The Team is also responsible for managing and implementing various projects throughout the year in response to changing market regulations or conditions as well as to reflect the goals of AB and GTO.

Applications and business or enterprise functions the role supports

The Trade Support team services all AB Trading Desks and order management systems. On a daily basis, the employee will use LVTS, Minerva and Microsoft Office; internal applications such as Apex, Portfolio Management System, ACE, and GO; and use multiple vendor systems including Bloomberg, CTM and ALERT. This responsibility includes managing trades for various products including fixed income, equity and foreign exchange trades. Other products could possibly fall within this scope as investment strategies change.

Key job responsibilities include, but are not limited to

• Confirm and match trades in CTM, GTSS, or via email.
• Manage relationships with brokers and internal 'clients' such as Senior Level Management.
• Assist in allocating trades across all products in the relevant order management systems.
• Work with traders or middle office to ensure trade details are entered accurately.
• Identify trades that require rebooking due to discrepancies in commission, fees, broker, etc.
• Ensure that all settlement issues are handled properly.
• Resolve claims issued by brokers and custodians.
• Monitor and resolve failed trades.
• Proactively identify production issues.
• Identify trade breaks in confirmation process.
• Manage exception queues to facilitate trades downstream to custodians.
• Possibly manage private placement transactions.
• Learn, implement, and possibly develop changes to existing processes.
• Actively works with CTR Support Team & tests (possible develops) changes.
• Document changes to existing standard operating procedures.
• Provide guidance to offshore teams.

What makes this role unique or interesting

This role is placed in a fast paced, dynamic environment which includes daily interaction with live trades.

Professional development value of this role

The employee will learn a lot about different products that AB offers and the differences amongst them. They will also have frequent contact with the front office and senior managers at AB, which makes this a demanding and rewarding position.

Qualifications, Experience, Education

The ideal candidate should have a bachelor's degree in Finance, Economics, Accounting or another relevant discipline. 2+ years' experience in Trade Support, working with a team and meeting time sensitive deadlines.

Skills

Our team members typically have track records of outstanding professional performance or academic achievement, along with excellent analytical skills, financial skills, technical skills, attention to detail as well as strong communication skills. Candidates should have a strong ability to work and manage in a collaborative environment and to present results to both expert and non-expert audiences.

Special Knowledge

The Candidate should be outgoing, hardworking, possess strong communication skills, work well in a team setting, and handle change with a positive outlook.

Pune, India

Pune, India