AB is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. 

AB Private Credit Investors (“AB-PCI”) is the private corporate credit investing platform of AB offering direct lending capabilities to middle-market companies across various industry sectors. AB-PCI focuses on directly sourced and privately negotiated investments in the primary issue market, while selectively pursuing opportunities in the distributed and secondary loan markets on a relative value basis. AB-PCI pursues a flexible mandate designed to deliver attractive risk-adjusted returns by investing in unitranche, first lien and second lien debt as well as selectively structured preferred stock and private equity co-investments. Target companies typically have robust business models, strong competitive positions, sustainable enterprise value and predictable cash flow profiles. The group maintains a strong credit culture and pursues a highly selective investment process based on fundamental due diligence and a focus on transaction terms and documentation.

AB-PCI is led by relatively tightly knit group of seasoned senior investment professionals with strong industry background and credit investing track-record. The group maintains a cohesive culture and values teamwork, collaboration and contribution of individual team members.

The Private Credit Loan Operations Analyst/Associate will be responsible for managing the day-to-day operations of the private credit loan portfolio. The role will support the growing business and team. AB-PCI has grown significantly over recent years and high caliber talent is needed to help support continued business growth, improve processes, and scale operations. Initial responsibilities will include, but will not be limited to, the following:

Oversee the loan closing process from beginning to end. This includes managing coordination with legal counsel, reviewing loan documentation, and ensuring that funding is completed on time.Coordinate all downstream settlement set up and post-trade and lifecycle activities among key stakeholders, including back-office, Fund Administrator, Trustee, and Treasury/Cash management.Monitor the credits life cycle from post-close until repayment.  This will involve ensuring position and accrual accuracy, monitoring covenant requirements, and managing amendments, waivers, and modifications.Proactively seek to minimize operational risk and support process improvements. Implement necessary changes to ensure optimal performance.Collaborate closely with the credit team, outsourced service providers, senior management and internal support groups to identify and mitigate risks in the investment portfolio. 

We are looking for someone with the following qualifications / skills:

Bachelor's Degree in Business, Finance, Accounting or Economics3+ years of experience in loan operations or related field, preferably from a private credit manager, collateral custodian/trustee or fund administrator. We are looking for a team-oriented individual who can collaborate closely with teammates on daily workflows and proactively share important information with the team.The ideal candidate should be proactive, self-motivated, possess excellent organizational, analytical, and communication skills. They should have a keen eye for detail and maintain a high standard for accuracy and responsiveness.The ideal candidate should possess the ability to prioritize work effectively, adapt to a fast-paced and challenging environment, and make sound decisions even when tasks change frequently.Proficiency in Microsoft Excel, Power Point and WordPreferred qualifications include familiarity with fund structures, loan agreements, and CLO indentures.Familiarity with Sentry PM and PowerBi is considered an advantage.

The position is based out of Austin, TX.

Austin, Texas