Portfolio Implementation Associate

Who You'll Work With:

Private Wealth Portfolio Management Group is responsible for implementing investment strategies across our private client portfolios. As our business continues to grow and client needs become increasingly sophisticated, the team plays an important role in ensuring portfolios are implemented accurately and efficiently while incorporating client-specific requirements, including tax considerations and customization.

The Portfolio Management Group works closely with Portfolio Managers, Trading, Operations, Sales, and other teams across the organization to translate investment decisions into client portfolio.

What You'll Do:

We are looking for a Portfolio Implementation Associate to join our Private Wealth Portfolio Management Group (PMG) in New York, NY.

 

Responsibilities include portfolio construction and implementation, monitoring asset exposures and allocations, managing client-specific requests, tax management, pre-trade guideline monitoring, and resolving portfolio exceptions.

 

Portfolio Implementation Associates develop a deep understanding of AB's investment products, portfolio management processes, and operational infrastructure while gaining hands-on experience managing portfolios in a fast-paced investment environment.

 

Specific Responsibilities

• Implement investment decisions across individual equity portfolios.
• Monitor portfolio positioning, trade execution, cash levels, and compliance with client-specific investment guidelines.
• Manage client requests and portfolio events throughout the account lifecycle, including cash flows, transitions, account openings, and account closures.
• Support a high volume of portfolio activity and client specific requests while maintaining strong attention to accuracy, risk management, and client outcomes.
• Partner with Senior Portfolio Managers, Research Analysts, Legal/Compliance, Sales, Trading, and Investment Operations/Accounting.
• Participate in projects focused on portfolio implementation, new and evolving investment capabilities, technology and automation, scalability, and process improvement.
• Identify opportunities to improve existing processes, controls, and portfolio implementation workflows.

 

What We're Looking For:

• Bachelor’s degree in business, finance, economics, mathematics, computer science, engineering, liberal arts, or a related field.
• 2 - 4 years of experience in wealth management, investment operations, or a related financial-services role preferred.
• Experience supporting U.S. equities, portfolio implementation, or investment-product processes is a plus.

• A technical background or experience working with data and analytical tools, such as AI Tools, SQL and Power BI, is helpful.
• A strong interest in financial markets, investment management, and portfolio construction.
• Strong quantitative and analytical skills with the ability to evaluate portfolios and identify potential issues.
• Excellent attention to detail and a strong risk-management mindset.
• The ability to prioritize and manage multiple responsibilities effectively in a deadline-driven environment.
• Strong interpersonal and communication skills and the ability to build effective relationships across the organization.
• The ability to think holistically, understand end-to-end processes, and challenge existing approaches when appropriate.
• A proactive, inquisitive mindset and willingness to take ownership of new challenges.
• An interest in using technology and automation to improve investment and operational processes.

 

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.

In accordance with applicable law, the minimum and maximum base annual salary for this role is as follows:

Base Salary Range: $ 95,000 - $105,000.

Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB, which may include, depending on eligibility, commissions, year-end incentive compensation, short- and long-term incentives and Department-specific awards. In addition AB provides a variety of benefits to eligible employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays, sick and vacation time off.

New York, New York