Associate

Who You'll Work With:

AllianceBernstein’s Commercial Real Estate Debt Team (“CRE Debt Team”) is seeking a bright and highly motivated commercial real estate Associate to join its rapidly-growing investment platform. Since its inception in 2013, the CRE Debt Team has successfully invested approximately $10 billion across four investment vehicles. To date, the platform has primarily invested in floating-rate transitional first-mortgage loans secured by major property types in key markets throughout the United States. We have recently launched multiple new investment vehicles which expand the investment profile to include mezzanine loans, distressed debt, loan acquisitions and participations, fixed rate loans, construction loans, and net lease investments. Established processes and systems are in place to reinforce the discipline required to excel across all facets of the broadened investment mandate, including experienced deal sourcing, meticulous underwriting, comprehensive investor reporting, and proven asset management. The candidate will have an outstanding opportunity to develop a broad range of financial, credit, real estate underwriting, analytical, marketing, and presentation skills.

What You'll Do:

• Supporting senior members of the team in evaluating potential investment opportunities across various property types and markets

• Managing credit underwriting and financial analysis of new investment opportunities

• Creating and maintaining financial models and sensitivity analyses

• Assisting with creating initial screening memos and final investment memos which will be presented before the Investment Committee

• Interacting professionally with internal credit, legal, and loan origination personnel and externally with borrowers and third-party service providers before, during, and after closing

• Assisting with CRE Debt Team’s internal transaction pipeline

• Assisting with the asset management process and other special projects and assignments as they may arise

What We're Looking For:

• Bachelor’s Degree from a top university with prior coursework in finance and economics preferred

• A minimum of two years of professional experience including significant financial modeling experience. Prior experience in commercial real estate debt, real estate private equity or investment banking preferred.

• Strong verbal and  written communication skills; ability to converse with individuals at all levels including borrowers and third-party providers

• Advanced knowledge of Microsoft Excel as well as industry-specific tools (i.e. Argus, CoStar, etc.)

• Strong attention to detail and ability to manage multiple projects concurrently

Who We Are:

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!

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

Base Salary Range: $200,000-250,000

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, 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.

New York, New York