Associate, Paralegal

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 $149 billion in 5,765 transactions across 82 countries. Today, AB CarVal has approximately $16 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.

The position is a member of the global Legal and Compliance team who are responsible for the firm’s legal and compliance matters related to the firm’s fund offerings and transactions, as well as general corporate matters including governance. The role will be responsible for working closely with the legal team to provide paralegal support to the lawyers and internal clients, including:  1) coordinating AML/KYC requests for companies formed and doing business in various jurisdictions around the world, 2) drafting, reviewing and processing various agreements and legal documents, 3) assisting with corporate secretarial duties, 4) coordinating the execution of legal documents, and 5) handling various other requests.  This position will report to the Vice President, Senior Paralegal.

Principal Accountabilities

Drafting, Reviewing and Processing Various Agreements and other Legal Documents (30%)Draft, review, advise internal clients and negotiate confidentiality agreements with third partiesCoordinate the completion of confidentiality agreements with third partiesDraft, review, and process, as appropriate, LLC agreements, amendments, joinder agreements, assignments, purchase and sale agreements, affidavits, and other legal documents, as requestedAssisting with Corporate Secretary Activities (30%)Provide back-up support for the Senior Paralegal responsible for Corporate Secretarial oversightDraft Incumbency Certificates, board minutes, resolutions, and other corporate secretary documents, as requestedFile certificates of formation, cancellation, annual reports, etc., as requestedAssist with CTA filings and managementHandle paper annual meetings for various corporationsHandle global signing authority updatesAssist with committee work, as requestedCoordination of Know Your Customer (KYC) and Anti Money Laundering (AML) requests (30%)Coordinate responses to due diligence and regulatory compliance (AML/KYC) inquiries from investors, counterparties, and internal contactsDraft Incumbency Certificates, Certifications, etc. related to AML/KYC requestsHandle beneficial ownership form requestsAssist with managing and updating KYC packets related to entities formed in various jurisdictions around the worldFacilitate information exchange and gathering between internal and external contactsManage process improvements and efficiencies within the processesManage global KYC mailbox to execute KYC/AML requests in a timely mannerExecution of Legal Documents and other Ad Hoc Legal Work (10%)Create and review signature and notary blocks to finalize documentsAs needed, on a back-up basis, execute original/wet signatures on legal documentsAs needed, on a back-up basis, obtain electronic signatures on business documentsCoordinate with AB regarding vendor due diligence requests through ProcessUnityOther work as requested by the legal team

Qualifications:

Required

Paralegal Certificate2 - 5 year’s experience as a paralegal professional including at a law firm, investment management firm or other business primarily supporting investments and other transactional activitiesDemonstrated exceptional attention to detail and organizational skillsStrong written and verbal communications skillsAbility to interact with individuals at all levels across the organization

Preferred

Bachelor’s Degree Notary CommissionExperience working within an alternative asset management firm

Minneapolis, Minnesota