Private Credit Operations Analyst / Associate

Who You'll Work With :

Private Alternatives Infrastructure is responsible for delivering technology & operations designed to enable revenue growth, drive efficiency, and mitigate risk for the Private Alternatives business channel. Private Alternatives investment strategies include Private Credit, US / European Real Estate Debt, Private Placements, and other private market strategies. Critical functions within Private Alternative Infrastructure include Investment & Fund Operations, Product Implementation, Business Analysis, Project Management, 3rd Party Vendor Integration & Management, and Infrastructure Technology Buildout. The Private Alternative Infrastructure Department collaborates closely with business unit heads across the Firm to develop plans in line with business objectives. We are seeking a Nashville-based Private Credit Operations Associate to join our Private Alternatives Operations team to support AB's growing Private Credit business. The Private Credit Operations team works alongside various other key stakeholders across our organization to support new product growth and execute services. This role is an exceptional opportunity to be part of a leading Private Alternative platform that values analytical rigor, collaboration, team culture, and a commitment to excellence.

What You'll Do :

This exciting opportunity will provide the candidate with a chance to build their knowledge of Private Credit and will give them close interaction with various AB stakeholders including but not limited to the Nashville, TN- and Austin, TX-based Operations teams. In addition, this candidate will be able to form relationships with external partners including custodian / trustee banks and fund administrators. 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 Operations functions within Private Credit portfolios and be primarily responsible for providing daily operational support to AB's Private Credit business including but not limited to the following :

• Treasury Operations including wire processing, support of deal closing activities, and the coordination of transaction activity amongst various Operations Teams, Custodians, Agents and Loan Administration Service Providers. This daily responsibility encompasses all deal activities across Private Credit Funds, CLOs, and Separately Managed Accounts. The individual in this role will be entrusted with the critical task of booking and releasing sensitive wire requests.
• Trade Settlement - Own Trade settlement for Primary Buys and Secondary Intercompany trades within our CLO's, Financing Vehicles, Co-Invests and communicating across our service providers, Loan Admin, Custodian and Trustees.
• Reconciliation Services including the daily monitoring and break resolution of portfolio cash including incoming & outgoing cash, fees, trade cash, paydowns, interest payments, draws, etc. In addition to cash reconciliation, this individual will be 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

What We're Looking For :

Our Private Credit Operations Associates typically have track records of strong professional performance or academic achievement, along with intellectual curiosity, and good communication skills. Candidates should be adept working in a client focused, collaborative environment, with a history of delivering results.

About AB :

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple : to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work. Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us! 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

Nashville, TennesseeAustin, Texas