Who You'll Work With
- Insurance Operations/Accounting - Performing the GAAP/STAT accounting for Alternative Investment products, as well as Regulatory Reporting and full valuations of Insurance Client Assets. Also performs analysis and advisory services for new product development and potential external clients.
What You'll Do
- Prime Responsibilities
- Work on accounting and reporting deliverables with EQH Accounting Teams
- Responsibility for the accounting interface (journal entries) into the EQH General Ledger
- Work with the AB PCI Middle Market Loan team to ensure the propriety of EQH’s PCI portfolio.
- Responsibility for the review of accounting packages and journal entries for the following Private Alts products into the EQH General Ledger
- MergArb Fund
- CLO Fund
- CarVal Residential Mortgages
- eCRED Fund
- CRED, Private Placements and other Specialty Direct Investments
- Review of SOC-1 documents issued by AB/EQH service providers
- Review of current and proposed regulatory requirements for alternative products to ensure current and future GAAP and Stat reporting is compliant
- Ensuring EQH data & reporting are delivered timely and accurately with focus on monthly/quarterly/year-end activities
Secondary Responsibilities
- Oversight of the Clearwater processing for alternative assets
- Support Private Alts Infrastructure and Insurance SBUs on new products, RFP’s and other IIA client requirements
- Support AB Investment professionals & Client Group/Sales in respect of IIA rules & regulation changes (e.g. NAIC updates)
What makes this role unique or interesting (if applicable)?
- Fast growing insurance asset management distribution channel at AB. Looking for motivated individual with strong communication, relationship and analytical skills. Areas of expertise include US GAAP and statutory investment accounting, investment operations and SOX/SOC-1 controls, systems implementation, workflow analysis and process improvement. Knowledge of fixed income, equity securities and derivatives a plus.
What We're Looking For
- 3 years Accounting experience
- Bachelor of Science in Accounting
- CPA/CFA Preferred
Who We Are
We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.
Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!
AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB’s policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.
Nashville, Tennessee
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