Basic information
Job Name:
Associate, Private Credit Portfolio & Risk Management
Location:
New York/OVA
Line of Business:
Global Credit
Job Function:
Investment Professionals
Date:
Thursday, October 10, 2024
Associate, Private Credit Portfolio & Risk Management
The Carlyle Group
New York, NY, USA
Posted on Oct 11, 2024
Position Summary
Carlyle Private Credit seeks to hire an Associate to serve as a key member of the Carlyle Private Credit Portfolio Management team which focuses on monitoring direct lending portfolio companies, liability management across the platform, valuations, portfolio level risk and performance attribution analysis, public company reporting requirements, and overall business management processes. This role will provide the Analyst/Associate with significant interaction with key senior management internally as well as growing external exposure to key parties including investors, lenders, ratings agencies and third-party valuation firms. Analyst / Associate will develop both their business management acumen and credit skills in a team-oriented, fast-paced work environment.
Responsibilities
- Proactive management of various credit facilities by tracking portfolio investments, borrowing bases, credit line triggers and compliance.
- Collaborate with other members of the Private Credit team to understand potential weaknesses in the portfolio and forecasting potential trigger events and cushion levels within each credit facility.
- Work closely with internal stakeholders including Global Technology Solutions, Operations and Fund Management to maintain and enhance a database of key investment metrics (both position-level and company/fund-level)
- Ensure accurate and timely completion of various reporting requirements for key investors, lender partners and ratings agencies
- Perform analysis of key investment valuations, issues and risks and assist with communicating results to various internal and external stakeholders
- Working with cross platform teams to facilitate closing/funding of new and existing investments
- Various fundraising and investor relationship projects as the business continues to grow
Qualifications
- Bachelor’s degree required
- 2-5 years of portfolio/fund management experience, preferable in the direct lending or private credit space
- Ideal candidate will have diversity of thought, natural quantitative and analytical skills, strong ambition, self-motivation and excellent communication skills
- Strong Excel and PowerPoint skills; experience managing large data sets a plus
- Comfort with analyzing legal documents including credit agreements, LPAs and knowledge of loan securitizations is a plus
Benefits/Compensation
The compensation range for this role is specific to New York City and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications.
The anticipated base salary range for this role is $150,000
In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.
Company Information
The Carlyle Group (NASDAQ: CG) is a global investment firm with $435 billion of assets under management and more than half of the AUM managed by women, across 606 investment vehicles as of June 30, 2024. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,200 professionals operating in 29 offices in North America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle's purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments - Global Private Equity, Global Credit and Investment Solutions - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.
At Carlyle, we value diversity as a key driver of performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." Our aim is to cultivate a community where insights are continually exchanged and different perspectives are embraced. We recognize that diverse teams perform better and we are dedicated to leveraging diversity as a competitive advantage at Carlyle.