Location: New York, NY or White Plains, NY
About the Program
AllianceBernstein needs talented individuals to support global Technology and Operations infrastructure. Our Technology & Operations department is integral to the Firm’s strategy of offering innovative, robust, and scalable investment solutions. As an asset management firm that applies fundamental and quantitative research to the investment process, our value-added technology and operations solutions can help develop and sustain a global competitive advantage. Software Developers, Infrastructure Engineers, and Business Analysts who can develop, customize, and integrate applications that meet the dynamic and challenging business mandates are invaluable assets.
We established the Technology & Operations Program (TOP) to develop as our future leaders those graduates whose experience shows excellence, passion, and collaboration. During this two-year program, Associates experience four challenging six-month rotations through a particular track, in this case, the Software Development track, before joining a permanent team. Associates add value to the firm while gaining a depth and breadth of real-world experience on a variety of strategic projects that stretch across the firm’s businesses. Associates also receive customized technical and business training, exposure to senior IT professionals, a formal mentoring program, and first-hand experience with innovative technologies.
The Software Development track is seeking candidates who are client-focused and demonstrate technical excellence as well as interest and education in the financial services. These select candidates will have the following qualifications:
December 2013 or May/June 2014 Bachelor’s or Master’s degree candidates in computer science, engineering, or information systems
Cumulative GPA of 3.3 or better
Keen interest in software development, including coursework in object-oriented languages such as C#, JAVA, or C++
Coursework exposure to data modeling and design, SQL, and basic data management techniques within a modern database
Exposure to web development technologies such as ASP.NET, JSP, or PHP, and client-side technologies such as Java-Script, CSS, and HTML
Demonstrated familiarity with Windows, LINUX, or Unix operating systems
Coursework relevant to financial services, such as finance, economics, mathematics, statistics, or accounting
Exceptional analytical and creative problem-solving abilities along with a “can-do” attitude
Relationship-building skills as well as strong verbal and written communication skills
Ability to work in a fast-paced environment, with an emphasis placed on teamwork and collaboration
About the Software Development Track
Software development teams support a vast range of investment and financial platforms, including equities, fixed income, trading, compliance, corporate finance, data management, and reporting. In each rotation you will be part of a different software development team implementing functional and technical specifications provided by business analysts and development managers. You will be required to learn both the functional and technical aspects of an application in addition to the languages and frameworks used for construction. All development rotations involve independent learning supplemented by team members, project managers, and formal technology training as needed.
During each rotation you will be assigned to one or more development efforts in which you will experience all aspects of the development lifecycle from code design to unit testing. As data is a key component of many applications within the firm, most rotations will include data modeling and SQL coding. Your work will be used to assist in either the investment process or the customer service experience—so a premium must be placed on your ability to deliver high-quality tools within a reasonable timeframe.
During some rotations, qualified Associates may work closely with the Information Technology teams who support the Fundamental and Quantitative Research groups. Associates will have an opportunity to work with our Research, Investment, and Trading groups to build software supporting expected return and risk/return models. Associates who have rotations in these areas must have a good combination of analytical skills, problem-solving skills, and software development ability. We would expect candidates for these positions to have taken some courses in areas related to Statistics, Computational Finance, or Mathematics. We also seek candidates who have combined these disciplines with coursework in related areas, such as Economics, Finance, and Statistics.
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. AllianceBernstein employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies and alternative investments and, through its subsidiaries and joint ventures, operates in more than 20 countries. AllianceBernstein’s research disciplines include fundamental research, quantitative research, economic research, and currency forecasting capabilities. Through its integrated global platform, AllianceBernstein is well-positioned to tailor investment solutions for its clients. AllianceBernstein also offers independent research, portfolio strategy, and brokerage-related services to institutional investors.