Senior Analyst, Global Credit Fund Management Structured Credit

The Carlyle Group

New York, NY, USA

Posted on February 12, 2024

Position Summary

Carlyle Global Credit is seeking an experienced individual responsible for supporting all aspects of the fund management, fund accounting and financial reporting for Carlyle Structured Credit business including Collateralized Loan Obligations (CLOs) and liquid credit SMAs. The individual will work closely with and support the Structured Credit product team to oversee all CLO focused executions.

This position requires strong accounting and finance experience, working knowledge of the credit industry and valuation techniques for both liquid and illiquid credit products a plus, sound organizational and analytical skills as well as the ability to build rapport with Carlyle investors, TPA and the various constituents we interact with throughout the firm.

Responsibilities

Finance and Operations (30% of time)
- Assist in the structuring, execution and monitoring of investment transactions
- Assist with recognition and accrual of interest and expense booked by the TPA
- Review performance metrics compiled by TPA
- Preparation of corporate Economic Net Income models for respective funds and gather all necessary data needed for models from deal team, TPA, etc.
- Preparation of various reports provided to investors periodically (i.e. Quarterly Update Letter)
Accounting and Reporting (30% of time)
- Detailed review of NAV’s based on data received from the TPA, which includes review of related support for all balance sheet and income statement accounts.
- Coordinate and detail review valuations, including Independent Valuation Firm review, subsequent event review, and prepare valuation materials for the Valuation Committee and Board of Trustees.
- Coordinate and review credit facility reporting and compliance
- Detailed review of management fee and incentive fee calculations from TPA
- Detailed review of shareholder capital activity prepared by TPA
- Detailed review of financial statements
- Coordinate interim and year-end audit requests and questions
- End of Period SOI reporting
- Form N-PORT filings as well as other regulatory filings required for funds
Product Control (15% of time)
- Assist with asset based credit facility provider management
- Review of valuation materials and tie outs to borrower financials
- Fund modelling and future business budgeting
- Overview of portfolio hedging, and consideration of best hedging opportunities
- Work on product treasury and maintaining efficient cash level on accounts
- Working with Valuation providers on changes in valuation and impact to Funds
Transactions and fund activities management (15% of time)
- Manage the funds’ capital needs/expenses by communicating capital activity to TPA, monitoring funds’ daily cash liquidity and credit facility activities, understanding funds’ management fee and incentive fee, and reviewing fee & expense calculations prepared by TPA
Investor Requests (10% of time)
- Interact with investors on a periodic basis and produce and analyze a variety of ad hoc analysis

Qualifications

Education & Certificates

Bachelor’s degree, required
Concentration in Accounting and/or Finance, strongly preferred
CPA preferred

Professional Experience

Minimum of 2+ years’ relevant experience, required
Experience in either structured credit or public accounting, strongly preferred
Knowledge of U.S. GAAP with an emphasis on accounting for investment funds
Knowledge of CLOs or Structured Finance is a plus

Competencies & Attributes

Highly motivated; Self-starter
Ability to work under pressure to meet tight deadlines and balance multiple priorities
An innovative and analytical thinker with strong problem-solving skills
Strong organizational skills with the ability to own and see projects to completion
Strong interpersonal skills and a team player
Excellent interpersonal and communication skills, both written and verbal

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 $90,000 – $120,000.

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.

Senior Analyst, Global Credit Fund Management Structured Credit

The Carlyle Group

Position Summary

Responsibilities

Qualifications

Company Information