AllianceBernstein is seeking a Chief Data Officer (CDO) to act as a "change agent" at the asset management colossus, with a mandate to "re-engineer" how the firm uses data and information.
Created as a new strategic leadership role by AllianceBernstein -- which has $735 billion in assets under management -- the CDO will be tasked with "re-engineering" how the firm uses data and information, "creating a new environment... that makes a broad range of accurate data and information with clear usage protocols, accessible to more staff. This will elevate data from multiple sources, and their usage."
AllianceBernstein: Good relationship with Technology team please...
"The Chief Data Officer (CDO) will be... responsible for setting the overall data/information strategy, analytics, client reporting, and data governance across the firm’s Client Group functions" AB said this week.
( The role comes as AllianceBernstein's technology teams have, building ALFA, its "Automated Liquidity and Filtering Analytics" application to aggregate pockets of market data into one access point, helping traders make better-informed decisions, as well as scoring system PRISM and Abbie -- a tool originally built as a chatbot to support orders in the bond markets and monitor the vast bond universe...)
It is seeking someone with at least 15 years of experience in financial services -- ideally with strong buy side asset management experience-- and the ability to "work with ALL levels across the organization and across business groups (Technology, Sales, Legal, RFP, Client Service, Investment Heads, etc.), create, forge and maintain strong working relationships with our Technology organization, as they will be partnering together on both strategic and tactical projects and initiatives" as the company put it, advertising the role in August (it is still open.)
"This includes execution/usage of the data and information used for new business development globally, client servicing purposes, and in many cases, global regulatory and legal requirements.
The firm has not posted a salary band for the role (to be based out of Nashville), but applicants can expect it to be competitive. Key tasks will include: "Centralization of access to:
- Firm-level data and information (AUM, etc.)
- Strategy-level data and information (fees, vehicles, etc.)
- Fund-level data and information (identifying info such as ISINs, investor concentration, etc.);
- Portfolio/account-level characteristics and data (attribution, holdings, sector breakdowns)
- Investment personnel data (oversee and maintain bios, D&I, associated portfolios, personal investments, etc.)
- ESG-related data across various internal groups (examples, exposures, history, external ratings, etc.)
As well as overseeing overseeing "market and competitive intelligence data usage across the Client Group (Morningstar, eVestment, Broadridge, MMI, Preqin, etc.) and the development and governance of “best practices” around usage and legal requirements of all the data mentioned above" as the job description has it.
Candidates can apply here.