AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets. Our corporate headquarters are based in Nashville, Tennessee and we currently have over 3,900 employees based in 51 locations across 26 countries including a significant presence in major financial centres like New York, London, Hong Kong and Tokyo.

At AB, we’re fully invested in being a firm that clients can trust to deliver better outcomes. To be successful, we foster a diverse, connected, collaborative culture that encourages different ways of thinking and differentiated insights. We embrace innovation to address increasingly complex investing challenges. We realize that it's our people who give us a competitive advantage and drive success in the market, so investing in the next generation of investment professionals is our priority. We want to empower you which is why we offer training, and a culture of mentorship and mobility, so you can cultivate the tools you need to build your career. If you're passionate, driven and ready to develop new ideas, we want to help you challenge your limits.

Programme information

AB joined the Investment20/20 program back in 2019, launching several roles across our Client & Marketing Group, Multi Asset Investment and Operations teams. 

If successful, you will join as a trainee within AB’s Investment Management Operations Strategic Business Unit (SBU). Our traineeship will introduce you to the world of investment management, allowing you to build industry knowledge, experience and relationships that will benefit your career and provide you with skills to secure a permanent role. As you progress in your role, we will support you in achieving a professional qualification if this is something you are interested in. As part of the Investment20/20 programme, you will also have opportunities to meet and network with over 300 trainees across the industry and participate in socials and insight events. 

Our trainee programme is a fixed term, one-year contract paying £26,000 per annum. You will receive 25 days annual leave. You will also qualify for participation in our non-contributory pension scheme as well as being invited to join other company benefit schemes should you wish to do so. All roles are based in London. 

For more information you can view this short video about AB and Investment20/20 programme and you can Meet our Trainees.

The Team

The Middle Office team consists of four team members. It is primarily responsible for the confirmation and settlement of EMEA* Equity and Fixed Income transactions. The team face off internally against the Investment Management and Trading Teams and externally against Brokers and Custodian Banks. 

The trainee will learn the key elements of the Investment Management Process, the role of the Asset Manager and the fundamental principles of Trading and Settlement in the financial industry.

*EMEA – Europe, Middle East and Africa.

Responsibilities include, but not exclusively:

• Support the Investment Management and Trading Teams by performing timely confirmation and settlement of equity, Fixed Income and Derivative Trades 
• Build relationships with internal and external contacts to better understand Investment and operational processes
• Assist the department in firm wide projects and initiatives to enhance operational efficiency 
• Assist in monitoring Broker confirmation and settlement performance
• Monitor market claims and penalties to establish party at fault

Requirements

If you’ve just finished your A-levels or your BTECs, have an interest in working within financial services and have the following attributes, we are interested in hearing from you: 

• Team player, but also able to work effectively alone;
• Inquisitive and willing to learn data, interpreting information and problem solving skills;
• Excellent organisational skills and ability to work to deadlines;
• Self-starter with a ‘can do’ attitude;
• A strong desire to learn;
• A good communicator, both oral and written.