Investment Management Operations Summer Intern

What you'd do

• Derivative Operations provides operational and administrative processing support for Derivatives Trading and Investment Management for Fixed income, Equity and all other non-standard alternative investment vehicles.
• Client Guideline Management is responsible for the coding of investment restrictions into the compliance tools, and the monitoring of potential guideline breaches in our clients’ portfolios.
• Global Portfolio Administration is generally responsible for account administration, such as bank reconciliations and account transitions, for clients utilizing an external custodian for their assets.
• Private Client Administration serves as an operational liaison to Private Client Sales and Portfolio Management and provides administrative support for all Private Client accounts.
• Reference Data Services is responsible for maintaining core data for all AB processes, such as security setup, pricing, corporate actions, class actions and account setup, as well as the entry, maintenance and quality of the data.
• Fixed Income – Alternatives Operations is responsible for implementing and maintaining an operational model to support AB’s expanding Private Credit Products. These include Middle Market Lending, and Residential/Securitized Mortgage.
• Operational Risk partners with the business to develop key risk and performance indicators that provide a balanced view of our organization and can be used to improve its processes, ensure proper controls and escalation capabilities are in place globally, and coordinate risk mitigation initiatives in partnership with other business units.
• Alternatives Infrastructure & Operations supports alternative investment products and complex fund structures including a variety of products and strategies.
• The team is able to support these complex structures by increasing scale and capabilities through automation and design of efficient processes and tools, while instituting best practices.What You’ll Do

What they want

• December 2027 or May/June 2028 Bachelor’s degree candidates in finance, economics, business administration or related fields
• Cumulative GPA of 3.3 or higher
• Must be a U.S. Citizen or Permanent Resident (must be able to work in the U.S. without visa sponsorship now or in the future)
• Proficiency in Microsoft Office and Excel
• Client Focus and an interest in serving our firm’s internal clients
• Interest in leveraging AI and emerging technologies to enhance operational efficiency, improve data quality, strengthen risk management, and support informed business decision-making
• Excellent verbal and written communication skills
• Ability to work in a challenging, fast-paced team-oriented environment
• Firmwide Onboarding