AO/GORM Team Leader - San Antonio, United States - AllianceBernstein Holding L.P.

Description

Who We Are:

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.

Who You'll Work With:

We are seeking a San Antonio based GORM Team Leader to join our Global Operational Risk Management Department in Global Technology & Operations.

GORM (Global Operational Risk Management) is responsible for detection and investigation of any potential or actual transactions that may be in violation of the policies and procedures established to ensure compliance with external regulations such as the Patriot Act and the Bank Secrecy Act and internal requirements such as prospectus stipulations. In addition, GORM provides a variety of transaction and surveillance reviews aimed at reducing potential fraudulent losses and/or detect and deter short term and excessive trading.

The role will supervise 5 Associates in the Global Operational Risk Management Department and assist the GORM Manager in managing the processes within the group. The GORM Team is essential to ABIS to ensure compliance with applicable Anti-Money Laundering, Blue Sky, and Excessive Trading (22c-2) requirements. In addition, GORM's prospectus and procedurally focused reviews help to maintain ABIS' compliance with 22c-2 requirements, which ultimately benefit AB Funds on this previously scrutinized area.

What You'll Do:

• Supervise the associates responsible for the daily monitoring and review of the TA processes (AML, Fraud, and Prospectus compliance reviews)
• Supervise team administration (i.e. performance reviews, attendance, vacation records, ABIS policies, etc.)
• Serve as a resource for daily issues from team members and other departments on procedures
• Work with Manager on development and implementation of process improvements
• Provide guidance to client and internal departments regarding operational requirements for the Transfer Agency
• Develop and maintain relationships with internal and external clients
• Submit necessary internal monthly reporting
• Update procedures and provide training for new hires as well as assess continuous training needs for team members
• Assist in the processing and quality review of subscriptions, withdrawals and expenses including repetitive and non-repetitive wires.
• Participate and contribute to ABIS initiatives
• Stays informed of current laws, regulations, and common practices in the Mutual Fund arena
• Performs other duties, as assigned

What We're Looking For:

• 3 years mutual fund operations or financial services experience (within ABIS is preferred)
• 4-year college degree or equivalent experience
• Working knowledge of Microsoft Outlook, Word, Excel, and Access

Skills:

• Exceptional verbal and written communication skills with the ability to manage others and relationships
• Strong problem-solving or analytical/critical thinking skills
• Attention to detail and ability to multi-task/reprioritize
• Ability to follow documented procedures and apply sound professional judgment

Special Knowledge (if applicable): Knowledge and experience of AML, Fraud Prevention, and compliance monitoring.

Location: San Antonio, Texas

AllianceBernstein (AB) is a global investment-management firm providing industry-leading research and investment solutions through a combination of innovation, intellectual curiosity and relentless ingenuity. We offer high-quality research and diversified investment services to institutional and individual investors worldwide. Our clients include some of the world's top institutions as well as private-wealth clients and retail investors. Through close partnerships with our clients, we collaborate on investment strategies across regions and sectors to inspire innovative thinking and deliver superior outcomes.We invest in our people and in the communities in which we operate, and we celebrate our diversity to showcase what makes us unique. We offer our talent the opportunity to grow professionally while working on cutting-edge ideas and outcomes in a global culture that operates as a tight-knit community.

If you're ready to innovate and grow your career, join us.

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