Manager, Europe Private Credit Operations

The Carlyle Group; London; On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Manager for its Global Credit Operations team in London. This role involves overseeing the daily operations of European private credit vehicles, collaborating with various teams to ensure smooth deal execution, and managing cash and financing lines effectively. The ideal candidate will possess a strong background in financial services, particularly in private credit, along with exceptional analytical and communication skills. Join a dynamic team that values development, inclusion, and integrity, while contributing to the management of a significant asset portfolio. This is an exciting opportunity to make a meaningful impact in a global investment firm.

Qualifications

• 6-10 years of experience in Financial Services with a focus on private credit.
• Strong understanding of loan documents and advanced Microsoft Office skills.

Responsibilities

• Manage day-to-day middle office operations for European credit-focused vehicles.
• Collaborate with deal teams and fund management to facilitate deal closings.

Skills

Private Credit Experience

Financial Services Knowledge

Cash Management

Loan and Credit Facility Understanding

Detail-oriented

Interpersonal Skills

Communication Skills

Ability to Manage Multiple Tasks

Education

Bachelor's Degree in Finance, Accounting, Mathematics

Tools

Microsoft Office Suite

Order Management System

Job description

Manager, Europe Private Credit Operations

Location: London

Line of Business: Finance

Job Function: Investor Services

Date: Monday, November 25, 2024

Position Summary

Carlyle is seeking a Manager level professional to join our Global Credit Operations team based in London. The Operations team is responsible for the ongoing management of our funds as well as developing quantitative tools to support investment decisions, valuations, asset management, investor relations, and reporting. The Manager will work closely with other Operations team members globally to handle the day-to-day responsibilities across our European Private Credit platform. Additionally, this role will work closely with the Investment Teams, Fund Management, Legal, Tax, Capital Markets, Investor Relations as well as third-party administrators and trustees.

Responsibilities

• Assist with all aspects of day-to-day middle office operations functions for Carlyle European credit-focused vehicles.
• Work closely with deal teams, portfolio management, and fund management to monitor the pipeline and facilitate deal closings.
• Proactively manage cash and financing lines across all fund structures.
• Collaborate with Luxembourg Fund Management to ensure timely wire processing and deal fundings for privately held assets, including the review of funds flows and legal documents.
• Liaise with Investment teams and Corporate Treasury to hedge foreign currency exposure.
• Trade Settlements for all external facing trades across multiple asset classes.
• Coordinate with the centralized Data Operations team to manage reference data setup and maintenance within internal systems, and relaying information downstream to external service providers.
• Trade Booking in Order Management System.
• Responsible for reviewing cash and position reconciliations across all entities, and the timely resolutions of breaks.
• Assist with weekly and monthly asset valuation and regular and ad-hoc reporting for various areas within the firm.

Qualifications

• Bachelor's Degree in Finance, Accounting, Mathematics, or related discipline; 6 - 10 years of experience in Financial Services.
• Experience with private credit.
• Experience managing private fund liquidity, preferred.
• Strong understanding of loan and credit facility documents, including Credit Agreements and Amendments.
• Understanding of Foreign Currency and Interest Rate Derivatives.
• Advanced skills with Microsoft Office Suite.
• Detail-oriented self-starter.
• Ability to work alone and in a global team environment.
• Strong work ethic, honesty and integrity, as well as strong interpersonal and communication skills.
• Ability to manage and prioritize multiple tasks.

Company Information

The Carlyle Group (NASDAQ: CG) is a global investment firm with $426 billion of assets under management and more than half of the AUM managed by women, across 586 investment vehicles as of December 31, 2023. 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,