AO/Transaction Management Associate at Abglobal · Pune

AO/Transaction Management Associate
Location: Pune, India
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:
Bachelor's 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:
Bachelor's 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.
Pune, India