Senior Associate, Investment Operations & Asset Management

Who You’ll Work With The Senior Associate, Investment Operations & Asset Management is a dynamic operations role focused on commercial real‑estate transaction execution, coordination, reporting, and asset‑management support. You will partner closely with the front‑office commercial team to manage the entire lifecycle of transactions and coordinate asset management of the team’s investments. The role reports to the Head of U.S. Operations and can be based in New York, NY or Minneapolis, MN. What You’ll Do Asset Management (50%) Coordinate and support the management of third‑party commercial real‑estate relationships. Project‑manage workstreams on the commercial real‑estate projects with third‑party asset managers. Track and report asset performance against underwriting and business‑plan metrics. Liaise with property managers, brokers, and service providers to ensure operational efficiency. Coordinate documentation, tracking, and execution support related to loan modifications and borrower communications. Ensure timely communication and coordination with commercial‑team decision makers regarding project execution and operational matters. Support implementation and tracking of approved asset‑level strategies. Ensure proper portfolio reporting/review and communication with key internal and external stakeholders. Act as the primary source of information for investment transaction performance and asset‑related updates. Prepare regular asset performance reports, including variance analysis. Monitor borrower compliance with loan documentation and business plans and investigate any issues that arise. Escalate issues and coordinate resolution across stakeholders, focusing on material or financially impactful areas. Support the commercial‑real‑estate team with accurate detailed financial models, including monthly valuations. Coordinate operational workstreams related to new warehouse facilities and loan onboarding. Serve as an operational coordination contact for financing counterparties. Prepare and maintain investment memorandums, reports, and presentations for internal committees. Manage legal, finance, and tax tasks associated with each investment transaction or the commercial‑real‑estate strategy. Operational Management (25%) Provide day‑to‑day operational input on commercial‑real‑estate investment transactions. Support operational due diligence, transaction coordination, and information gathering related to acquisitions. Coordinate closing processes with legal, finance, and external stakeholders. Engage with and interpret detailed commercial‑real‑estate investment transaction legal documents. Track and reconcile investment‑level cash flows, budgets, and funding requirements. Evaluate complex situations and propose solutions using good judgment. Effectively manage bespoke complex financing agreements. Set up new deal structures and manage existing structures with various AB CarVal departments and external stakeholders. Complete due diligence and audit requests with appropriate partners. Coordinate and maintain accuracy of all aspects of tracking commercial‑real‑estate transactions in AB CarVal’s systems. Respond to internal and external queries regarding commercial‑real‑estate investment transactions throughout their life cycle. Business Partnering (25%) Collaborate with the AB CarVal commercial‑real‑estate team and external partners. Provide input on investment documentation alongside the commercial‑real‑estate team. Coordinate with partners regarding investment memorandums, performance reporting, business & legal practices, and accounting procedures for each transaction. Make judgment‑based decisions related to the operations function and assume responsibility for business impact. Understand key areas of the commercial‑real‑estate investment transactions and anticipate potential issues; proactively communicate solutions. Assist with project‑by‑project review, analysis, and milestones within commercial‑real‑estate investment transactions. Required Qualifications Bachelor's degree in accounting, business, finance, or a related field. At least 5 years of finance experience. Demonstrated experience in commercial‑real‑estate asset management/portfolio operations, including underwriting, credit evaluation, and third‑party relationship management. Advanced Excel skills, including data modelling and analysis. Strong communication skills and ability to coordinate across technical, legal, construction, and financial teams. Proven ability to work cross‑functionally with various teams and portfolio companies. Knowledge of lending instruments, legal documents, and structures. Strong work ethic and commitment to excellence. Ability to balance multiple assignments and maintain quality, accuracy, and consistency. Self‑starter with follow‑through and completion of tasks. High level verbal and written communication skills. Strong analytical/problem‑solving skills. Enjoys working in a collaborative team environment partnering with the commercial team. Ability to travel, including site visits and portfolio company meetings as needed. Preferred Qualifications Experience with commercial‑real‑estate investments, transactions, asset‑management terms, and concepts. Experience working in an alternative investment fund manager or similar industry. Public accounting or financial services experience. Demonstrated initiative in communicating issues and concepts to multiple groups at multiple levels. Knowledge and/or experience with conducting audits and due diligence of external companies. Compensation and Benefits Base salary range: $130,000 to $160,000; actual base may vary based on education, training, experience, performance, and other factors. Possible commissions, year‑end incentive compensation, short‑ and long‑term incentives, and department‑specific awards. Health insurance coverage, employee wellness program, life and disability insurance, retirement savings plan. Paid holidays, sick and vacation time off. Location New York, NY or Minneapolis, MN. Equal Employment Opportunity 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. #J-18808-Ljbffr AllianceBernstein L.P.