Basic information
Job Name:
Manager, Private Credit Operations - Direct Lending
Location:
New York/OVA
Line of Business:
Finance
Job Function:
Investor Services
Date:
Tuesday, June 17, 2025
Manager, Private Credit Operations - Direct Lending
The Carlyle Group
Operations
New York, NY, USA
USD 135k-155k / year
Posted on Jun 18, 2025
Position Summary
Department Description
Carlyle Global Credit’s Operations team focuses on all Operational activities across the Global Credit Platform, including investment capture, deal execution, investment funding, treasury management, and administrator oversight.
Position Summary
The Manager role will support our Private Credit business verticals, including Middle Market Direct Lending, Opportunistic Credit, Infrastructure Credit, and Asset Backed Finance. This role will primarily focus on the Direct Lending business assisting the Deal Team with all facets of the deal execution process. There will also be a high level of interaction with Portfolio Management, Finance, Tax, Legal, and other external parties to ensure private credit deals are properly handled from funding to exit. The Manager will work directly with other members of the Operations team to handle all daily operational functions.
Responsibilities
- Actively facilitate the deal execution process for privately held assets, including wire processing for internal and external movements, FX hedging, KYC, bank account openings and other steps required in coordination with the Deal Team, internal and external counsel, Finance and Tax
- Work closely with Deal Team, Portfolio Management and Finance to monitor the Direct Lending pipeline
- Proactively assist with the management of cash and financing lines across all fund structures
- Cash and wire management related to deal fundings for privately held assets, including the review of funds flows and legal documents
- Work closely with Finance and Corporate Treasury to hedge foreign currency exposure
- Facilitate trade capture in the Broadridge Sentry Order Management System
- Oversee trade settlement process for all external facing trades and internal transfers across multiple asset classes
- Escalation contact for cash and position reconciliations across all Direct Lending entities ensuring the timely resolution of breaks
- Assist in strategic initiatives related to technology and process enhancements
- Regular and ad-hoc reporting for various areas within the firm
- Oversight and mentorship of junior team members
Qualifications
Education & Certificates
- Bachelor’s Degree, required
- Concentration in Economics, Finance, Accounting, or related discipline, preferred
Professional Experience
- 5-7 years of experience in Financial Services
- Experience with public & private credit asset classes - middle market direct lending or other private credit experience a plus
Competencies & Attributes
- Strong understanding of loan and credit facility documents, including credit agreements and amendments
- Advanced skills with Microsoft Office Suite
- Detail oriented self-starter
- Ability to work alone and in a team environment
- Problem solving and critical thinking abilities
- Strong work ethic, honesty and integrity, as well as strong interpersonal and communication skills
- Ability to manage and prioritize multiple tasks
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 $135,000 to $155,000.
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.
Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by The Carlyle Group.
Company Information
The Carlyle Group (NASDAQ: CG) is a global investment firm with $453 billion of assets under management and more than half of the AUM managed by women, across 641 investment vehicles as of March 31, 2025. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,300 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 Carlyle AlpInvest - 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 believe that a wide spectrum of experiences and viewpoints drives 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." We strive to foster an environment where ideas are openly shared and valued. By bringing together teams with varied expertise and approaches, we enjoy a competitive advantage and create a stronger foundation for long-term success.