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, MinnesotaSkills Required
- Bachelor's degree in Real Estate or Finance or equivalent education and related training
- 5+ years of direct transaction management experience
- Prior history of working in a high-volume loan production office
- Excellent organizational skills and drive to succeed
- Demonstrated ability to meet deadlines
- Maturity and self-confidence to handle multiple assignments
- Ability to work harmoniously with internal and external workers/customers
- Excellent written and verbal communication skills
AllianceBernstein Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about AllianceBernstein and has not been reviewed or approved by AllianceBernstein.
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Retirement Support — Retirement programs include a 401(k) with employer match and zero-fee management, plus an employee stock purchase plan and charitable contribution matching. These features form a strong pillar of the total rewards offering.
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Leave & Time Off Breadth — Time-off offerings extend beyond standard PTO to include paid volunteer time, sabbaticals, and periodic 'refresher' vacation. These provisions support work–life balance.
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Wellbeing & Lifestyle Benefits — Workplace perks include free lunches, free snacks, subsidized meals, and company-sponsored events alongside pretax commuter programs. Wellness resources such as fitness centers, wellness groups, and EAP access add day-to-day value.
AllianceBernstein Insights
What We Do
AllianceBernstein (AB) is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. We are one of the largest investment management firms in the world, with more than $500 billion in assets under management. We foster a diverse, connected, collaborative culture that encourages different ways of thinking and differentiated insights. We embrace innovation to address increasingly complex investing challenges. And we pursue responsibility at all levels of the firm—from how we work and act to the solutions we design for clients.
