Reconciliation Analyst

About the Role

The Reconciliation Analyst role within Portfolio Administration at AllianceBernstein is responsible for overseeing daily cash and position reconciliations, ensuring accuracy, completeness, and timely resolution of breaks across portfolios.

This role requires strong operational expertise, leadership capability, and the ability to collaborate effectively with internal and external stakeholders such as Sales, Portfolio Management, and Custodian Banks.

Key Responsibilities

• Oversee daily cash and position reconciliations, ensuring accuracy, completeness, and timely resolution of breaks across portfolios.
• Demonstrate strong understanding of end-to-end processes related to interest, dividend, paydown, corporate action, trade, derivative, and bank loan reconciliation discrepancies.
• Serve as the primary escalation point for complex reconciliation issues, coordinating effectively with custodians and internal stakeholders to ensure prompt resolution.
• Collaborate closely with AB Sales, Portfolio Managers, and Custodian Banks to support operational requirements and maintain seamless workflow execution.
• Manage daily overdraft monitoring, market value reconciliation, and cost reconciliation activities, with the ability to identify and address exceptions proactively.
• Foster a collaborative, inclusive, and accountable team environment that encourages open communication, shared problem-solving, and continuous development.

Skills & Qualifications

• Bachelor's or Master's degree in Commerce, Finance, or a related discipline.
• Experience in business operations, with the ability to work effectively within a team and consistently meet time-sensitive deadlines.
• Advanced Excel skills, with the ability to analyze and present complex data.
• Knowledge of APEX, AI tools, and automation techniques, with the ability to effectively leverage AI to enhance operational efficiency.
• Strong communication and presentation skills, with the ability to confidently present findings to both expert and non-expert audiences.
• Experience in managing or working within strategic outsourcing relationships is preferred.

What You'll Learn

This role offers significant professional growth by providing deep exposure to the full range of products offered by AB and the operational differences across them.

You will work closely with front-office and middle-office teams, as well as external clients, creating a highly engaging and rewarding environment.

The position is designed to build strong operational, analytical, and leadership capabilities, with the long-term goal of developing you into a strategic leader within the organization.

Resume Tip

When applying for this role, be sure to highlight your experience in business operations, your ability to work effectively within a team, and your analytical and problem-solving skills.

Use specific examples from your past experience to demonstrate your ability to meet time-sensitive deadlines and your knowledge of advanced Excel skills.

Also, be sure to mention any experience you have in managing or working within strategic outsourcing relationships, as well as your knowledge of AI tools and automation techniques.

This will help you stand out as a strong candidate and increase your chances of being selected for an interview.