Investment Operations Associate (Energy Transition)
Who You’ll Work With:
This position will report to a Director of Investment Operations but will also require close working relationships across the firm.
What You’ll Do:
Operational Management – 60 %
- Provide day-to-day operational input on energy transition investment transactions
- Quickly evaluate complex situations that arise and use good judgement to propose solutions
- Engage with and interpret detailed energy transition investment transaction legal documents
- Monthly updating of models; production and booking of discounted cashflow valuations and IRRs
- Effectively manage be-spoke complex financing agreements, including oversight of monthly construction draws
- Independently review and book fundings and distributions on energy transition investments
- Set up new deal structures, manage existing deal structures
- Complete due diligence and audit requests by working with appropriate partners
- Coordinate and manage all aspects of tracking energy transition transactions in AB CarVal’s systems
- Respond to internal and external queries regarding energy transition investment transactions throughout their life-cycle
Business Partnering – 40 %
- Collaborate with the AB CarVal energy transition commercial team and external energy transition projects’ partners
- Provide input on energy transition investment transaction documentation alongside AB CarVal energy transition commercial team
- Make judgement based decisions related to the operations function and assume responsibility for the impact to the business
- Understand key areas of the energy transition investment transactions/business and anticipate potential issues; proactively communicate solutions to others within the team or management
- Assist with collateral management and project by project review/analysis/milestoning within energy transition investment transactions
What We’re Looking For:
Required:
- Bachelor's degree in accounting, business, finance, or related industry
- 2 - 4 years accounting/finance experience
- Good Excel skills including data modelling and analysis
- Demonstrates knowledge and mechanics of lending instruments, legal documents and structures
- Strong work ethic and commitment to a high standard of excellence
- Proven ability to balance multiple assignments and manage quality, accuracy, and consistency of each work product
- A self-starter with the ability to follow through and complete tasks in a highly intellectual, collaborative environment
- High level verbal and written communication skills
- Strong drive for results with both detailed and practical focus.
- Strong analytical/problem solving skills
- Enjoys working in a collaborative team environment, partnering with commercial team
- Ability to travel on business
Preferred:
- Qualified Accountant
- Experience with renewable energy 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
Who We Are:
About AB CarVal
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, opportunistically investing $153 billion in 5,820 transactions across 82 countries. Today, AB CarVal has approximately $19 billion* in assets under management in corporate securities, loan portfolios, structured credit and hard assets.
AB CarVal Investors is dedicated to attracting and retaining the industry’s best people across asset classes and geographies. AB CarVal is committed to diversity and inclusion, valuing the full range of life experiences, skills and qualities of our employees. We believe peak effectiveness comes from an engaged, talented, and diverse workforce.
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.
Pune, India
