Head Of Commercial Mortgage Loan Accounting And Reporting

Who You'll Work With:

Insurance Operations/Accounting - Directing, reviewing and performing the GAAP accounting for Alternative Investment products, with a focus on Commercial Mortgage Loans, as well as Regulatory Reporting and full valuations of Insurance Client Assets. Researching new US GAAP Accounting requirements and establishing project plan for implementing. Also performs analysis and advisory services for new product development and potential external clients.

What You'll Do:

• Direct team of accounting and operations personnel supporting a sizeable Commercial Mortgage Loan book

• Supporting technical configuration into Clearwater Analytics from servicer and AB systems; system owner for product servicing of both client and internal parties accounting data needs

• Management level oversight of the Clearwater processing for Commercial Mortgage Loan activity and data which ultimately feeds client ledger and Schedule B reporting

• Providing Insurance accounting advise to CML front office, deal participation, and support for complex workout scenarios

• Responsible for Investments Under Surveillance reporting (e.g. allowances and impairments)

• Responsible for equity investment reporting when loans default and are converted to Real Estate Owned

• Responsibility for the accounting interface (journal entries) into the Equitable General Ledger

• Work within AB to develop processes and controls for new products, with focus on Commercial Mortgage Loans

• Develop SOC-1 for insurance products and review of SOC-1 documents issued by AB/EQH service providers

• Work with internal and external audit teams for SOX and Substantive audits

• Review of current and proposed regulatory requirements for alternative products to ensure current and future GAAP reporting is compliant

• Ensuring data & reporting are delivered timely and accurately with focus on monthly/quarterly/year-end activities

• Develop accounting and reporting packages for delivery to Equitable and Third-Party Accounting Teams

• Responsibility for the review of accounting packages and journal entries for the following Private Alts products into the EQH General Ledger:

• Merger Arb Fund

• CLO Funds

• CarVal Residential Mortgages

• ECRED Fund

• AB Lend Fund (Private Credit Loans)

• Private Placements and other Specialty Direct Investments

• Support Private Alts Infrastructure and Insurance SBUs on new products, RFP's and other client requirements

• Support AB Investment professionals & Client Group/Sales in respect of rules & regulation changes (e.g. NAIC updates)

What We're Looking For:

• Bachelor's/Master's Degree
• CPA License
• Strong GAAP knowledge
• Leadership in team management
• Expertise in Commercial Mortgage Loans
• Regulatory compliance experience
• Financial reporting proficiency
• Process development skills
• Communication with stakeholders
• Strategic thinking and problem-solving

About AB

We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.

Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!

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.

Nashville, Tennessee