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Senior Associate, Transaction Management

Abglobal

Minneapolis, MN, US$110k – $155konsite

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About this role

Who You’ll Work With:

The Senior Associate, Transaction Management will be responsible for the diligence review and closing of both flow and bulk residential loan acquisitions for AB CarVal Loan Portfolios.  This individual will work closely with a wide variety of parties both within AB CarVal and externally.

This position will report to the Director, Investment Operations. The role will be located in Minnesota.

What You’ll Do:

Transaction Management – 70% • Responsible for loan re-underwriting, analysis, presentation and submission process for settlement

• Collaborate with the AB CarVal Loan Portfolios commercial team and external partners

• Ensure compliance with closing schedules and document submissions

• Assist with maintenance of office pipeline reports

• Assist in managing the timely receipt and delivery of all third-party reports and documents

• Provide day-to-day operational input on residential loan transactions

• Quickly evaluate complex situations that arise and use good judgement to propose solutions

Business Partnering – 30%  • 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 Real Estate or Finance, or equivalent education and related training

• 5+ years of direct transaction management experience

• Excellent organizational skills and drive to succeed

• Demonstrated ability to meet deadlines

• Maturity and self-confidence to simultaneously handle a variety of assignments

• Ability to work harmoniously with internal/external workers/customers

• Excellent written and verbal communication skills

• Prior history of working in a high-volume loan production office

Who We Are:

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, investing $155 billion in 5,850 transactions across 82 countries. Today, AB CarVal has approximately $20 billion in assets under management. The firm has a 38-year history, strong track record and an established reputation in asset-based finance with a team of approximately 74 investment professionals in the US, Europe and Asia. A key differentiator is the firm’s robust global network of established relationships with operating platforms and partners.

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!

In accordance with applicable law, the minimum and maximum base annual salary for this role is as follows:

Base Salary Range: $110,000 to $155,000

Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB CarVal, which may include, depending on eligibility, commissions, year-end incentive compensation, short- and long-term incentives and Department-specific awards. In addition AB provides a variety of benefits to eligible employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays, sick and vacation time off .

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. Minneapolis, Minnesota

Salary insight

The midpoint of this range ($133k) is about 8% above the median disclosed salary for Minneapolis roles listed on ForgeApply ($123k across 486 jobs).

Based on live postings with disclosed pay on ForgeApply; refreshed daily. Not an estimate of this employer's offer.

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