PUNE · FULLTIME
AO/Transaction Management Associate
AllianceBernstein
Pune · onsite · Posted 13d ago
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Undisclosed1–5 yrsfulltimePune
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Section · 01
About this role
Transaction Management Associate
Who You ll Work With:
This position will report to the Director of Transaction Management but will also require close working relationships across the firm.
What You ll Do:
Transaction Management 90%
- Provide day-to-day operational input on CNO and bulk loan transactions
- Assist with loan re-underwriting, analysis, presentation, and submission process for settlement
- Collaborate with external diligence firm partners, custodian, and sellers in order to manage the timely receipt and delivery of all third-party reports and documents
- Responsible for various monthly activities, including MERS monitoring, custodial monitoring (including trailing document review) and custodial reconciliations, vendor invoice allocations, and other summary reporting
- Facilitate periodic pre-closing activities, including counterparty KYC/AML approvals, trading system setups, and telephonic wire confirmations
- Facilitate closing activities (as frequently as numerous times per day as trade closings require), including preparation of closing summaries and closing checklists, trade system bookings, wire setup, review and submission of investor data ingestion files, updating loan acquisition tracking files, and uploading loan-level purchase data to the database
- Facility post-closing activities relating to recently acquired loans, including monthly communications to the custodian, trustee, and various loan servicers
- Preparation of bank reconciliations for each of our separately managed accounts, to be prepared twice per month for each investor
Business Partnering 10%
- Make judgement-based decisions related to the operations function and assume responsibility for the impact to the business
- Understand key areas of the residential loan investment transactions/business and anticipate potential issues; proactively communicate solutions to others within the team or management
What We re Looking For:
Required:
- Bachelors degree in accounting, business, finance, or related industry
- Excellent organizational skills and drive to succeed
- Excellent written and verbal communication skills
- Demonstrated ability to meet deadlines
- Strong demonstrated self-motivation and high level of initiative
- Maturity and self-confidence to simultaneously handle a variety of assignments and capable of working successfully under pressure
- Detail-oriented and effective multi-tasking abilities
- Ability to work harmoniously with internal/external workers/customers
- Strong computer skills
- Advanced Excel skills
- Strong analytical/problem solving skills
- Effective at managing though ambiguous situations
- Demonstrated experience successfully working in a team environment
- Flexibility to periodically be available during non-traditional working hours either in the office and/or accessible online or via phone
Preferred:
- Knowledge and/or direct experience with residential loan acquisition diligence review and transaction management
- Experience working in an alternative investment fund manager, high-volume loan production office, or similar industry
- Exposure to investments, legal documents, and structures
- Negotiation and conflict management skills
- Programming and/or report building experience utilizing SQL, Snowflake, Looker, Sigma, or other computer programming logic
Who We Are:
About AB CarVal
AB CarVal is an established global alternative investment manager and part of AllianceBernstein s Private Alternatives business. Since 1987, AB CarVal s team has navigated through ever-changing credit market cycles, opportunistically investing $153 billion in 5,820 transactions across 82 countries. Today, AB CarVal has approximately $19 billion in assets under management in corporate securities, loan portfolios, structured credit and hard assets.
AB CarVal Investors is dedicated to attracting and retaining the industry s best people across asset classes and geographies. AB CarVal is committed to diversity and inclusion, valuing the full range of life experiences, skills and qualities of our employees. We believe peak effectiveness comes from an engaged, talented, and diverse workforce.
All are encouraged to apply. 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 and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.
Transaction Management Associate
Who You ll Work With:
This position will report to the Director of Transaction Management but will also require close working relationships across the firm.
What You ll Do:
Transaction Management 90%
- Provide day-to-day operational input on CNO and bulk loan transactions
- Assist with loan re-underwriting, analysis, presentation, and submission process for settlement
- Collaborate with external diligence firm partners, custodian, and sellers in order to manage the timely receipt and delivery of all third-party reports and documents
- Responsible for various monthly activities, including MERS monitoring, custodial monitoring (including trailing document review) and custodial reconciliations, vendor invoice allocations, and other summary reporting
- Facilitate periodic pre-closing activities, including counterparty KYC/AML approvals, trading system setups, and telephonic wire confirmations
- Facilitate closing activities (as frequently as numerous times per day as trade closings require), including preparation of closing summaries and closing checklists, trade system bookings, wire setup, review and submission of investor data ingestion files, updating loan acquisition tracking files, and uploading loan-level purchase data to the database
- Facility post-closing activities relating to recently acquired loans, including monthly communications to the custodian, trustee, and various loan servicers
- Preparation of bank reconciliations for each of our separately managed accounts, to be prepared twice per month for each investor
Business Partnering 10%
- Make judgement-based decisions related to the operations function and assume responsibility for the impact to the business
- Understand key areas of the residential loan investment transactions/business and anticipate potential issues; proactively communicate solutions to others within the team or management
What We re Looking For:
Required:
- Bachelors degree in accounting, business, finance, or related industry
- Excellent organizational skills and drive to succeed
- Excellent written and verbal communication skills
- Demonstrated ability to meet deadlines
- Strong demonstrated self-motivation and high level of initiative
- Maturity and self-confidence to simultaneously handle a variety of assignments and capable of working successfully under pressure
- Detail-oriented and effective multi-tasking abilities
- Ability to work harmoniously with internal/external workers/customers
- Strong computer skills
- Advanced Excel skills
- Strong analytical/problem solving skills
- Effective at managing though ambiguous situations
- Demonstrated experience successfully working in a team environment
- Flexibility to periodically be available during non-traditional working hours either in the office and/or accessible online or via phone
Preferred:
- Knowledge and/or direct experience with residential loan acquisition diligence review and transaction management
- Experience working in an alternative investment fund manager, high-volume loan production office, or similar industry
- Exposure to investments, legal documents, and structures
- Negotiation and conflict management skills
- Programming and/or report building experience utilizing SQL, Snowflake, Looker, Sigma, or other computer programming logic
Who We Are:
About AB CarVal
AB CarVal is an established global alternative investment manager and part of AllianceBernstein s Private Alternatives business. Since 1987, AB CarVal s team has navigated through ever-changing credit market cycles, opportunistically investing $153 billion in 5,820 transactions across 82 countries. Today, AB CarVal has approximately $19 billion in assets under management in corporate securities, loan portfolios, structured credit and hard assets.
AB CarVal Investors is dedicated to attracting and retaining the industry s best people across asset classes and geographies. AB CarVal is committed to diversity and inclusion, valuing the full range of life experiences, skills and qualities of our employees. We believe peak effectiveness comes from an engaged, talented, and diverse workforce.
All are encouraged to apply. 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 and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
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Section · 02
Skills
Data ingestionAlternative Investment FundAdvanced Excelsigmaconflict managementProgrammingLoansBusiness PartneringSQLsecuritiesCommunication SkillsoperationsLookerLegalAccountingAmlSnowflakeKYCfinanceTrading
Section · Company
About AllianceBernstein
AllianceBernstein
Financial Services
1001-5000
employees
1987
39 years old
New York
United States
₹12.7L PA avg
Avg at AllianceBernstein
About
AllianceBernstein operates within the investment management industry, overseeing a diverse range of mutual funds and delivering comprehensive financial services to institutional clients.
Industries
Banking / Insurance / AccountingFinancial Services
Employee ratings
10 reviews
3.9/ 5
Culture
4.2
Career growth
3.2
Work-life
4.2
Employees rate it well for
Company Culture40Work-Life Balance40
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