Loan Operations Officer

Who We Are:

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.

What You’ll Do:

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.

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

• Provide daily operational support to AB’s Private Debt Business Units

• Support all aspects of Loan Administration covering Commercial Estate , Middle Markey 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 role requires close interaction with various parties including the trading, portfolio managers, client service support, custodian/trustee banks, fund administrators, legal counsel and credit analysts. This role will involve working in a dynamic team environment and presents opportunities to further develop industry knowledge to provide custom operational support. The ideal candidate will possess a basic understanding of bank debt and fixed income securities.

Specific responsibilities may include but not be 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

What is the professional development value of this role, i.e. what learning and professional growth does the role offer the candidate?

The role provides the candidate the opportunity to be involved with a growing business units and be challenged in a fast paced and dynamic environment.  The candidate has a unique opportunity to drive change and implement innovative process solutions to support growth and reduce risk.

What We’re Looking For:

Our  Loan Operations Associates typically have track records of outstanding professional performance or academic achievement, along with excellent analytical skills and financial skills as well as strong communication skills. 

Candidates should have a strong ability to work in a collaborative environment and to present results to both expert and non-expert audiences.

• 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

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, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria.