Associate Investment Operations

Associate Officer, Investment Operations (Pune)

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, opportunistically investing across corporate securities, loan portfolios, structured credit, and hard assets. Today, AB CarVal manages approximately $19 billion in assets globally.

AB CarVal is dedicated to attracting and retaining high-caliber talent across geographies. We value diverse perspectives, collaboration, and a culture where high performers are recognized, given responsibility early, and provided opportunities to grow beyond defined roles.

Who You’ll Work With

This position will report to a Director of Investment Operations and will work closely with global investment professionals and cross-functional teams including legal, tax, treasury, compliance, and risk, with direct visibility into transaction activity and decision-making processes. The role will also interact with external stakeholders such as administrators, lenders, servicers, and other counterparties.

What You’ll Do

Operational Management – 60–70%

• Own and execute day-to-day investment operations across multiple strategies and fund activities
• Support investment operations across asset classes including corporate bonds and loans, structured products, credit and interest rate derivatives, FX, commercial, consumer, residential and commercial real estate loan portfolios, aviation, and energy transition investments, developing a strong understanding of underlying structures, cash flows, and risk drivers
• Execute and oversee transaction processing including fundings, distributions, settlements, and cash movements
• Review and interpret legal agreements to ensure accurate operational execution
• Support valuation processes including discounted cash flow modeling and reporting
• Manage and reconcile cash positions with counterparties and administrators
• Maintain investment data, models, and systems
• Support audits, compliance, and due diligence
• Improve processes and resolve operational issues
• Apply sound judgment in interpreting transaction details and resolving operational issues, escalating appropriately where needed

Analysis & Problem Solving

• Independently analyze investment transactions, structures, and cash flows to identify issues and validate outputs
• Evaluate complex situations and recommend practical solutions
• Support modeling and performance tracking

Business Partnering – 30–40%

• Partner with global teams and stakeholders
• Provide input on transactions and documentation
• Anticipate risks and propose solutions
• Build credibility with global stakeholders through high-quality execution and informed perspectives

What We’re Looking For

Required:

• Bachelor’s degree in Accounting, Finance, Business, or related field
• 2–4 years of relevant experience, with a strong preference for investment operations experience supporting complex financial products or transaction lifecycles
• Strong understanding of financial instruments and structures
• Advanced Excel and analytical skills
• Strong attention to detail and communication skills
• Demonstrated ability to take ownership of workstreams and drive tasks through to completion with minimal oversight

Preferred:

• CPA, CFA, MBA
• Experience in alternative investments or financial services
• Experience in high-performance or global team environments
• Experience with AI tools such as ChatGPT or Microsoft Copilot

Key Attributes

• Strong execution with commercial awareness
• Comfortable in fast-paced environments
• Collaborative and proactive mindset
• Intellectual curiosity to understand transactions deeply

Additional Information

• Ability to work across global time zones
• Clear opportunities for increased responsibility based on performance

What Differentiates This Role

Unlike traditional operations roles in large financial institutions, this position offers direct exposure to the full investment lifecycle across multiple asset classes. Team members are expected to take ownership, apply judgment, and engage with global stakeholders as an integral part of the investment process. This is a high-impact role within a lean, performance-oriented environment where individuals can meaningfully expand their scope and responsibility over time.

Pune, India