Managing Director Associate

Job Description

Company Overview

AB Bernstein is a leading research-based investment firm that serves individuals, institutions, and private clients around the world. AB employs more than 500 investment professionals with expertise in equities, fixed income, and alternative investments. The firm’s research approach combines deep and broad capabilities in company and industry analysis, quantitative techniques, and economics. As of January 31, 2020, the firm had approximately $629 billion in assets under management. AB also offers independent research, portfolio strategy, and brokerage-related services to institutional investors through its Sanford C. Bernstein subsidiary.

Bernstein Private Wealth Management (“Bernstein”), also a subsidiary of AllianceBernstein L.P. (AB), provides advanced planning strategies and a wide array of investment management services to high net worth families, endowments and foundations, and institutions to help them reach specific financial objectives. Bernstein Private Wealth Management is distinguished among major wealth managers by its single focus and the resulting alignment of interests and accountability this brings to each client relationship. Bernstein’s integrated approach allows the firm to tailor each client’s portfolio, minimizing the effects of tax and volatility, with investment strategies that draw on AB’s deep research expertise across asset classes and geographies.

Bernstein Private Wealth Management’s clients are located around the globe. Bernstein has offices in Atlanta, Boston, Chicago, Cleveland, Dallas, Denver, Houston, Los Angeles, Miami, Minneapolis, Nashville, New York, Philadelphia, San Diego, San Francisco, Seattle, Tampa, Tel Aviv, Washington, D.C., and West Palm Beach.

Responsibilities

We are seeking a Managing Director Assistant for Bernstein Private Wealth Management, a unit of AB. The MDA will work in a dynamic, trust-based partnership with the Managing Director to serve a broad range of external and internal clients’ needs while using considerable independent thought, judgment, and discretion to meet those needs. As a liaison between Financial Advisors, other internal contacts, as well as external clients, the MDA plays a vital role in our business. Duties are complex and confidential requiring the highest level of discretion and independent judgment

• Duties are complex and confidential requiring the highest level of discretion and independent judgment
• Assisting in ad-hoc reports special projects as needed often requiring independent discretion and follow-up
• Scheduling meetings, appointments and travel plans to effectively and accurately manage the calendar
• Coordinating complex, senior-level internal/external meetings and conference calls
• Handling a high volume of phone calls from external clients as well as internal contacts
• Providing general administrative duties including writing and editing correspondence, database maintenance, reconciling monthly expenses, filing, scheduling, faxing, and management reporting in a timely manner
• Working directly with clients in all aspects of client servicing
• Preparing presentations and reports for management, clients or prospects
• Taking part in a team environment working toward a common goal of providing exceptional client service
• Approximate Hours: 8:30 am - 5:30 pm. Flexibility to work overtime as workload demands change
• Total compensation is competitive and comprised of base salary plus overtime and discretionary bonus

Initial training is primarily on-the-job, focusing on AB Private Wealth solutions, content, processes and systems. Continuing education is designed to enhance job performance and improve knowledge of broad market issues, industry and economic trends, as well as enhanced knowledge of our services.

Qualifications

• Minimum 5 years of experience as a coordinator, administrative or executive support in a corporate or professional office with experience working alongside high-level professionals
• Excellent verbal and written communication skills for frequent internal and external interaction
• Ability to prioritize and execute tasks and projects in a dynamic, deadline-oriented environment
• Self-starter with excellent anticipation skills, problem-solving, and follow-up
• Attention to detail, ensuring reports, books and other client-facing materials are accurate
• Effective interpersonal skills and flexibility to adapt to a variety of personalities
• Creativity & ingenious approach to uncommon questions or tasks
• Ability to perform a wide variety of tasks and flexibility to change focus quickly as demands change
• Demonstrates a high degree of integrity, confidentiality, and dependability
• Working knowledge of Microsoft Word, Excel and PowerPoint.

Location: Philadelphia, PA