2-Year Analyst, Loans & Structured Credit

The Carlyle Group

New York, NY, USA

Posted on August 12, 2024

Position Summary

Our Global Credit segment is a multi-product, markets-focused investment platform. Established in 1999 with our first high yield fund, Global Credit currently operates 128 active vehicles across its three business segments, Liquid Credit, Private Credit and Real Assets Credit. As of December 31, 2023, Carlyle’s Global Credit platform has 205 investment professionals and approximately $188 billion in AUM.

The Loans & Structured Credit team has long-standing close relationships with arrangers of leveraged finance and secondary market makers, and also has the benefit of Carlyle’s extensive network and strong relationships with the financial community. The team sources assets from both the primary and secondary market and has deal flow relationships with all major counterparties active in the U.S. and European leveraged finance markets, as well as strong relationships with nearly all private equity sponsors in these regions.

Loans & Structured Credit investment approach is highlighted as follows:

Leverage the investment team’s demonstrated analytical, trading and investment management expertise with The Carlyle Group’s superior industry, company and market knowledge.
Source investment ideas through The Carlyle Group’s extensive industry relationships and network of contacts.
Invest in quality companies that offer high current income with a low risk of principal loss using fundamental credit analysis.
Construct and actively manage portfolio asset allocations based upon fund objectives and expectations for macro-economic performance.

Responsibilities

2-Year Analysts in Loans & Structured Credit will be integral to the investment team and will work across the platform to execute the investment strategy. The Analyst will support 2 Senior Industry analysts. Key responsibilities may include:

Industry research: develop and maintain market research on industry trends and drivers
Financial Analysis: Analysis of assigned credits with particular focus on cash flow as well as on/off balance sheet assets and liabilities; the analyst will be expected to build/maintain predictive financial models
Valuation Analysis: Analysis of transaction values, DCF and public values to express a view on asset protection as well as market value and ultimately recoveries in a default scenario
Capital structure analysis including an assessment of credit agreement and indenture provisions
Relative value analysis and the ability to express a view of an investment risk / return profile
Monitoring of portfolio positions and summarizing relevant information for daily morning meetings

Qualifications

1-2 years of prior credit experience from buy side, investment banking or credit rating agency required
Bachelor’s degree in Finance, Accounting or Economics required
Strong quantitative and analytical skills
Excellent communication skills
Strong organizational skills and attention to detail
Demonstrated ability to work effectively as a part of a team

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 $100,000 to $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.

Company Information

The Carlyle Group (NASDAQ: CG) is a global investment firm with $425 billion of assets under management and more than half of the AUM managed by women, across 595 investment vehicles as of March 31, 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 28 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 know that diverse teams perform better, so we seek to create a community where we continually exchange insights, embrace different perspectives and leverage diversity as a competitive advantage. That is why we are committed to growing and cultivating teams that include people with a variety of perspectives, people who provide unique lenses through which to view potential deals, support and run our business.