Private Credit Operations Associate

2 weeks ago


Pune Maharashtra, India AllianceBernstein Full time

Company Description

As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals, and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients’ most valued asset-management partner.

With over 4,400 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business, or providing thoughtful advice to clients, we’re looking for unique voices to help lead us forward. If you’re ready to challenge your limits and build your future, join us.

Job Description Summary

We are seeking a Pune based Loan Operations Associate to join our Alternative Operations team to support AB’s Broadly Syndicated Loans Operations and AB’s Broadly Syndicated CLO Platform.

The Loan Operations Associate provide operations and technology support related to multiple alternative business units focused on Middle Market Direct Lending, Private Equity, Commercial Real Estate, Broadly Syndicated Loans, CLO’s and Special Purpose Vehicles. Core functions include Loan Administration, KYC/AML Transaction Management, Treasury Services, Data Control and Reconciliation Management, Project Management and Process Innovation.

Additional responsibilities include:
Provide daily operational support to AB’s Private Debt Business Units

Support all aspects of Loan Administration covering Commercial Estate, Middle Market Direct Lending, and Broadly Syndicated Loans.

Provide Cash Management Support to the Portfolio Management teams assisting with closing activities and the coordination of transaction activity amongst Portfolio Management, Fund Administrators, Agents and Loan Administration Service Providers

Provide quality control and maintain data oversight of internal and external asset record keeping

Participate in projects for automation and process improvements as relates to loan closings, trade workflow, deal tracking, position reconciliations, and cash management

The key job responsibilities include, but are not limited to:
Loan Administration Management and Oversight of Servicers

Transaction Management

Treasury Management

Assist with Closing and Restructuring Activity

KYC/AML

Management of Agent Relationships

Oversight of Reconciliations - Break Resolution

Process Improvement

Project Management

Qualifications, Experience, Education:
Undergraduate degree with 2+ years of relevant work experience in investment management or financial services environment

Demonstrated understanding of Loan Administration Practices

Experience with WSO and ClearPar (Is Preferred)

Organized, detail-oriented and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative.

Proficiency of Microsoft Office Applications, specifically Excel

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.

Pune, India



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