Private Credit Operations Associate
| Company | AllianceBernstein |
|---|---|
| Location | Nashville, TN, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Junior, Mid Level |
Requirements
- Undergraduate degree with 2+ years of relevant work experience in investment management or financial services environment
- Demonstrated understanding of Loan Administration Practices
- Proficiency of Microsoft Office Applications, specifically Excel
- Organized, detail-oriented and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative
- Ability to effectively prioritize and manage time to complete deliverables timely and accurately
- Team-oriented individual with the ability to work well across diverse groups in a collaborative, dynamic team environment
Responsibilities
- Providing daily operational support to AB’s Private Credit business
- Treasury Operations including wire processing, support of deal closing activities, and the coordination of transaction activity
- Own Trade settlement for Primary Buys and Secondary Intercompany trades
- Daily monitoring and break resolution of portfolio cash
- Responsible for Position Reconciliation, analyzing changes in principal related to trades, paydowns and/or borrowings
- Participate in projects for automation and process improvements as relates to loan closings, trade workflow, deal tracking, position reconciliations, and cash management
- Loan Administration Management and Oversight of Servicers
- Transaction Management
- Treasury Management
- Assist with Closing and Restructuring Activity
- Management of Agent Relationships
- Oversight of Reconciliations – Break Resolution
- Process Improvement
- Project Management
Preferred Qualifications
- Experience with WSO and ClearPar (Preferred)