Director, Asset Manager Audit & Due Diligence

About the role

AB CarVal, part of AllianceBernstein's Private Alternatives business, is looking for a Director, Asset Manager Audit & Due Diligence to join its team. The role executes operational due diligence reviews and audit assessments of external asset managers, investment managers, fund sponsors and strategic investment partners, covering governance, operational infrastructure, financial controls, compliance programs, valuation processes and operational risk. It reports to the Head of Global Operations and is based in Minneapolis / London.

Key responsibilities

• Conduct operational due diligence reviews of external asset managers, loan originators, servicers and other investment counterparties.
• Evaluate control environments, governance structures, risk management frameworks, compliance programs and operational processes.
• Review audited financial statements, regulatory filings, SOC reports, compliance policies and other due diligence materials.
• Assess accounting, valuations, group operations, cash management and wire controls, cybersecurity, business continuity and vendor oversight.
• Hold onsite and virtual due diligence meetings with senior management and key control personnel.
• Identify operational, financial, regulatory and reputational risks and document findings in due diligence reports.
• Support ongoing monitoring of approved managers through periodic reviews, event-driven assessments and risk-based monitoring.
• Collaborate with investment, legal, compliance, risk and operations teams on manager selection and monitoring decisions.
• Help develop and enhance due diligence methodologies, frameworks and reporting standards, and monitor industry trends and regulatory developments.

Required profile

• Bachelor's degree in Accounting, Finance or a related field.
• CPA designation required.
• Minimum of 10 years of experience in public accounting, internal audit, operational due diligence, risk advisory or financial services auditing.
• Experience evaluating internal controls, financial statements and operational processes.
• Preferred: experience with alternative investment firms, familiarity with alternative investment structures and fund operations, knowledge of SEC-registered adviser requirements, and additional certifications such as CIA, CFA, CAIA or CISA.

Required skills

• Strong understanding of audit methodologies, risk assessment frameworks and control testing.
• Excellent analytical, investigative and problem-solving skills.
• Strong written communication, able to write detailed due diligence reports and executive summaries.
• Ability to manage multiple projects and deadlines in a fast-paced environment.

What we offer

• Base salary range of $130,000 - $170,000, varying with education, experience and performance.
• Possible commissions, year-end incentive compensation, short- and long-term incentives and department-specific awards.
• Health insurance, wellness program, life and disability insurance, retirement savings plan, paid holidays, sick and vacation time.