Security Reference Management Associate

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 Nashville, TN based Security Reference Master associate to join our Security Reference Management team in Global Technology & Operations. We’re looking for someone who has experience in reference data management and understands the various attributes that make up a fixed income, equity and derivative security used for investment purposes.

Team/Group Description

Security Reference Management (SRM) provides security reference data on fixed income, equity, and derivative instruments to internal departments for the management of clients and fund investment activities. The security reference data is maintained within our security master database by the SRM team and then feeds downstream to our internal systems for trading, investment, risk, compliance, accounting, and reporting. The team is responsible to ensure security reference data is accurate, timely and complete to meet the needs of our business activities.

Role Description

The Security Reference Master Associate for Security Reference Management is a key role for our firm providing reference data on fixed income, equity, and derivative instruments that supports our investment activities. The Security Reference Master Associate will support the day-to-day activities, such as building and maintaining security reference data and reviewing discrepancies within our security master database and other internal downstream systems.

Applications and business or enterprise functions the role supports

Key job responsibilities include, but are not limited to

A Security Reference Associate for Security Reference Management will build and maintain securities for fixed income, equity, and derivative instruments in two security master systems - majority in CADIS (EDM) for automated securities and small portion in APEX for manual securities. The Security Reference Associate will have experience using industry know reference data providers, such as Bloomberg, Interactive Data, CUSIP Web, Refinitiv, and/or DTC. The Security Reference Associate will have experience supporting other internal downstream systems, such multiple Accounting Systems and Trading/Order Management systems. The Security Reference Associate will support the following internal Departments, but not limited to: Portfolio Management Group, Traders, Middle Office, Trade Support, Client Guidelines, Client Reporting, Private Client, Insurance Operations, Pricing & Valuation, and Corporate Actions. The Security Reference Associate will use Microsoft Excel and Microsoft Outlook daily.

• Ensure newly added securities have enough information in our security master database (CADIS(EDM)/APEX) to support investment activities.
• Research, input, and validate reference data in our security master database (CADIS (EDM)/APEX). In doing so, the Senior Analyst will need to understand how and why the data is reflected the way it is in our database and update accordingly based on research they have performed.
• Maintain multiple workflows on daily basis, such as security exceptions in CADIS(EDM), DART Requests (Direct Access Request Tracking application), and E-Mails.
• Support various accounting systems, such as Portfolio Management System, CAMRA, and EPA (Enterprise Portfolio Accounting) to ensure our security reference data is accurately represented.
• Work with internal Departments, such as Portfolio Management, Trading, Client Reporting, Performance, Research, Legal/Compliance to resolve discrepancies or challenges with our reference data.
• Maintain daily and/or monthly Quality Control Reports and ad-hoc data cleanup projects that may include credit ratings, industry classifications, accrual information, security identifiers, and security description.
• Can document a process and create formal procedures.
• Can work independently but also work in a team setting.
• Can provide support to team members as a subject matter expert.
• Work closely with Management and other Operational areas within AB to ensure integrity, accuracy, and consistency with our reference data.
• This is a hybrid role, working both in the office and at home

What makes this role interesting?

A Security Reference Associate in this position will be exposed to every major financial instrument under fixed income, equity, and derivative. They will have a solid understanding on the makeup of each instrument type and how it impacts the overall business and investment activities. The Security Reference Associate will have an opportunity to work closely with various departments that support investment activities, such as operations, front, middle and back-office.

Professional development value of this role

A Security Reference Associate will be expected to manage their own career development but will receive Management feedback and learn from new and challenging assignments. They will have the opportunity to engage in Professional Development and financial courses which will further their growth professionally and knowledge of the industry. The Security Reference Associate, after performing at an expected level, will have the opportunity to support the team as a subject matter expert, document processes, and conduct training. They will also have opportunity to engage in more analytical/project level work involving process improvement, risk reduction and efficiency.

Job Qualifications

Our Team Members typically have track records of outstanding professional performance, academic achievement, along with excellent analytical skills, financial skills, technical skills, and strong communication skills. The ideal candidate should be able to demonstrate the ability to work in a collaborative environment and to present results to both expert and non-expert audiences.

Qualifications, Experience, Education

• Bachelor's Degree in finance, economics, or accounting
• 2-5 years of data analysis experience
• Experience working at a financial, mortgage, banking, or asset management institution.
• Strong understanding and experience with building out fixed income, equity, and derivative securities
• Experience using Bloomberg or other reference data providers like DTC, CUSIP Web, Interactive Data, or Refinitiv
• Experience using Markit Enterprise Data Management (EDM) is preferred

Skills

• Can work well within a team and collaborate with members outside the team
• Can interrupt security reference data in fixed income, equity, and derivatives
• Organized and detailed oriented
• Manage multiple tasks in a fast-paced environment
• Meet time sensitive deadlines
• Be a problem solver
• Able to work with a range of internal clients
• Intermediate experience using Microsoft Excel, such as VLookup and Pivot Tables

Special Knowledge