Analyst

Who You’ll Work With:

This position will report to the Managing Director on the CLO team located in Minneapolis, MN.

What You’ll Do:

• Support senior investment professionals in bottoms-up fundamental credit analysis including financial statement analysis, financial modeling, industry research and preparation of requisite approval materials for prospective investments;

• Participate in idea generation and witness investment recommendations across sectors;

• Gain sector and industry knowledge including key trends, drivers and issues that are likely to impact investment performance through research execution. Partner with senior investment professionals on research analysis;

• Support performance analysis including creating, monitoring and standardizing monthly reporting; Responsible for updating projections on a monthly basis;

• Execute the monitoring of a subset of tradable credit portfolios, which includes supporting the ongoing review and analysis of financial statements, monitoring of industry trends, and drafting internal presentations for senior investment professionals to present to senior leadership;

• Communicate internally with team and externally with trading desks and bank loan arrangers as needed; and

• Actively engage in the business by asking questions, demonstrating an eagerness to learn, and contribute your opinion and share knowledge

What We’re Looking For:

• Bachelor’s degree in accounting or finance with a minor in accounting

• 1+ years of analytical and financial modeling skills and/or experience in an investment environment or related experience including internship(s)

• Keen interest in financial markets

• Demonstrated proficiency in Microsoft Excel

• Demonstrated goal-orientation and drive with the ability to manage multiple priorities, while exercising sound judgment under demanding deadlines

• A self-starter with the ability to follow through and complete tasks in a highly intellectual, collaborative environment

• Curiosity and willingness to learn and take on new tasks and responsibilities

• Proven ability/interest to work in a fast-paced environment

• Demonstrated organization and detail orientation skills with ability to audit own work

• Demonstrated analytical and problem-solving skills

• Demonstrated excellent oral and written communication skills

• Ability and desire to periodically work extended hours based on deal activities

Preferred

• Exposure to financial modeling and analysis

• Below investment grade credit investing exposure

• Experience/exposure within an investment banking program and/or rotational program

• Familiarity with Bloomberg and Capital IQ

• Appreciation of and exposure to risk management terms and concepts

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.

CarVal is looking for a talented Analyst to support impactful decisions within our investment team focused on Collateralized Loan Obligations. The Analyst role provides an engaging opportunity to be fully integrated into our business and make a meaningful contribution on our team through work on current and new investments. The Analyst role will be part of the investment team responsible for identifying, analyzing and monitoring syndicated and event-driven credit investments. The Analyst will assist and support in conducting fundamental credit analysis and analyzing investments in par loans across a wide range of industries and situations. As a result of the breadth of the experience, candidates will develop a unique understanding of companies and capital structures. The candidate will have the opportunity to have exposure to all aspects of the investment process including idea generation, underwriting, and structuring. The Analyst will develop both quantitative and qualitative skills through supporting the investment process. In addition to conducting diligence on new investment ideas, the Analyst will participate in the post-closing monitoring of investments.