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Loan Operations Specialist
2 months ago
We are seeking a highly skilled and detail-oriented Loan Operations Associate to join our Alternative Operations team at AllianceBernstein. As a key member of our team, you will provide critical support to our Broadly Syndicated Loans Operations and AB's Broadly Syndicated CLO Platform.
Key Responsibilities- Provide daily operational support to our Private Debt Business Units, ensuring seamless execution of loan administration tasks.
- Support all aspects of loan administration, including commercial estate, middle market direct lending, and broadly syndicated loans.
- Collaborate with portfolio management teams to provide cash management support, assisting with closing activities and coordinating transaction activity among stakeholders.
- Ensure quality control and maintain data oversight of internal and external asset record keeping.
- Participate in projects aimed at automation and process improvements related to loan closings, trade workflow, deal tracking, position reconciliations, and cash management.
- 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 (preferred).
- Organized, detail-oriented, and extremely thorough with strong problem-solving skills and demonstrated ability to take initiative.
- Proficiency in 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.
AllianceBernstein is a leading global investment management firm that fosters diverse perspectives and embraces innovation to help clients navigate the uncertainty of capital markets. Our team is dedicated to providing high-quality research and diversified investment services to institutions, individuals, and private wealth clients worldwide.