Full-Time

VP/Alternatives Product Strategy & Development

Confirmed live in the last 24 hours

AllianceBernstein

AllianceBernstein

1,001-5,000 employees

Investment management and research services

Quantitative Finance
Financial Services

Senior

Nashville, TN, USA

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
Financial analysis
Requirements
  • Minimum of 7 - 15 years of professional experience with at least 3-5 years of experience at an asset management / alternative asset management firm in a product development/management or strategy function; strategy consulting firm; or investment bank
  • Comprehensive understanding of alternative asset classes and global financial structures across private and registered funds coupled with a reputation for being a collaborative team player who works effectively across an organization (Legal/Marketing/Finance/Distribution/Technology/Investments)
  • Solid understanding of the capital markets and a deep knowledge of alternatives with a proven ability to convey complex concepts/ideas in a persuasive and content-oriented manner. Superior communication and presentation skills are a must.
  • Possess excellent knowledge of alternative investment strategies with a deep understanding of the operational and regulatory needs of various investor types (institutional, insurance, private wealth, retail).
  • Knowledge of the institutional, retail and insurance marketplace: understanding client needs, market trends, competitive landscape, fintech and primary service providers, and client operational and regulatory needs
  • Broad investment management and financial market knowledge across asset classes
  • Strong academic credentials. An advanced degree such as an MBA or Law Degree with a CFA/CAIA designation highly desired.
  • FINRA Series 6, 7, 63 preferred
  • Reputation for being a collaborative and diplomatic team player with a proven ability to work effectively with internal and external business partners.
  • Ability to lead and motivate a cross-section of teams to achieve timely and efficient execution of various projects
  • Superior communication, financial analysis and presentation skills
  • Unassailable ethics and integrity with low ego needs.
  • Outstanding relationship building skills with proven ability to influence others in a cross functional global matrixed environment.
  • Professional curiosity to identify and drive new ideas/opportunities.
  • Strong analytical and problem-solving ability; well-developed critical thinking skills
  • Capable of managing changing priorities in a dynamic and fast paced environment
  • Strong interpersonal, verbal and written communication skills
Responsibilities
  • Lead cross-functional activities related to the design and launch of new alternative investment products, strategies and channels
  • Oversee and execute cross-functional activities spanning the product launch lifecycle including product design, development, pricing, approval, go-to-market preparedness, and post-launch operational readiness and related infrastructure build-out.
  • Partner with investment teams, Legal and tax counsel to define structuring for private and registered products (covering closed-end, open-end and evergreen structures) and act a subject matter expert within the firm on key structuring concepts
  • Lead efforts with business and investment team leaders to prepare the product development 'new product assessment', helping to negotiate and rationalize product objectives and terms across a diverse set of opinions via data-driven decisioning
  • Conduct new product financial analyses providing insight into revenue and expense projections and overall profitability
  • Collaborate with key stakeholders across distribution, product strategy and development, portfolio management, marketing, legal, technology, business operations and compliance to bring alternatives strategies to market that continuously meet evolving client needs
  • Manage alternative product pipeline content and meet with internal stakeholders to communicate new product pipeline activities.
  • Own the assessment of the competitive environment and market trends, staying abreast and relevant as it relates to competitive launches and evolving regulatory changes, analyzing weaknesses or gaps and new product opportunities to ensure AB’s product line-up is well positioned for future growth and continuously evaluating existing product platform for future potential
  • Be a subject matter expert for the firm on the AB Alternatives platform, distribution markets and channels, and the impact of local regulations; leverage knowledge to support innovation
  • Partner with cross functional teams to assist in product positioning and to increase the adoption of alternative investments. Partner with distribution organization, investment teams and business development in formulating capital raising strategies and messaging for first time funds and new strategies.

AllianceBernstein provides investment management and research services to a wide range of clients, including individual investors, financial advisors, and institutional investors like pension funds and foundations. The firm utilizes its extensive research capabilities and investment strategies to create customized solutions that address the specific needs of its clients. Revenue is generated through management fees and performance-based fees, which are tied to the success of the investments managed. What sets AllianceBernstein apart from its competitors is its commitment to a collaborative culture that values diverse perspectives, enhancing its investment management approach. Additionally, the firm prioritizes corporate responsibility and sustainability, integrating these values into its operations and investment strategies.

Company Stage

N/A

Total Funding

$4.1B

Headquarters

New York City, New York

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Recognition as a Best Place to Work for Disability Inclusion underscores a positive and inclusive workplace culture.
  • The launch of new investment products, such as the AB International Low Volatility Equity ETF, demonstrates the firm's proactive approach to addressing client needs in volatile markets.
  • Strong financial performance, as evidenced by recent quarterly results, indicates robust growth and stability.

What critics are saying

  • The departure of key personnel, like the Head of Retail for the UK and Ireland, could disrupt client relationships and strategic initiatives.
  • The competitive nature of the investment management industry requires continuous innovation to maintain market position.

What makes AllianceBernstein unique

  • AllianceBernstein's integration of corporate responsibility and sustainability into its investment practices sets it apart from competitors who may not prioritize these values.
  • The firm's global reach and extensive research capabilities provide a unique advantage in delivering tailored investment solutions to a diverse client base.
  • The appointment of a Chief AI Officer highlights AllianceBernstein's commitment to leveraging technology and innovation in investment management.

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