2-Year Associate, Asset-Backed Finance

The Carlyle Group; New York (NY); On-site; USD 135,000 - 165,000; Full time

Benefits offered by this job

Retirement benefits

Health insurance

Life insurance

Disability

Paid time off

Paid holidays

Family planning benefits

Wellness programs

Annual discretionary incentive program

Job summary

The Carlyle Group in New York, NY seeks an Associate for its Global Credit platform. The role involves evaluating and executing new investments, monitoring existing portfolios, and designing tailored investment solutions for institutional clients.

You will participate in due diligence, engage with stakeholders, build financial models, and prepare materials for investment committees. A Bachelor's degree and 1–3 years in finance are required.

Qualifications

• Bachelor's degree required.
• 1–3 years finance experience with asset finance, corporate credit and structured products.
• Prior investment experience or financial institutions group (FIG) / structured credit / securitization / investment banking experience preferred.
• Strong PowerPoint and Excel skills.
• High attention to detail and strong organizational skills.
• Excellent analytical, written and verbal communication skills.
• Self-starter with multitasking in a fast-paced environment.
• Excellent interpersonal skills and ability to work well in a team.
• Mature, hardworking with executive presence; tenacious and humble.

Responsibilities

• Evaluate and execute new investment opportunities.
• Monitor portfolio of existing investments.
• Design investment solutions and structures for institutional investors.
• Engage in due diligence and liaise with internal/external stakeholders.
• Develop financial models and valuations; draft materials and investment committee memos.

Skills

Analytical skills

Written communication

Verbal communication

Teamwork

Attention to detail

Education

Bachelor's degree

Tools

PowerPoint

Excel

Job description

Our Global Credit segment is a global, multi-product, markets-focused investment platform. Established in 1999 with our first high yield fund, Global Credit currently operates 135 active vehicles with more than 200 investment professionals and approximately $194 billion in AUM, as of September 30, 2024.

Carlyle ABF invests primarily in private, directly originated credit instruments and structured equity which is sourced, structured and underwritten in-house. Carlyle ABF leverages Carlyle's 25-year history in structured credit, private asset underwriting, and capital markets capabilities, to deliver tailored asset-backed financing solutions to businesses, specialty finance companies, banks, asset managers, and other originators and owners of assets. Carlyle ABF is experiencing material growth and as of December 31, 2024, has approximately ~$7.5 billion of assets under management.

The Associate will be based in New York, NY and the role will entail evaluating & executing new investment opportunities, portfolio monitoring of existing investments, and designing investment solutions and structures for institutional investors. The Associate will serve as an integral part of the deal team and contribute meaningfully throughout the investment process, including due diligence, engagement with internal and external stakeholders, financial modeling and valuation, and drafting of materials and investment committee memos.

Education & Certificates

• Bachelor's degree required

Knowledge & Experience

• 1 - 3 years of finance experience with exposure to asset finance, corporate credit and structured products
• Prior investment experience or financial institutions group (FIG) / structured credit / securitization / investment banking experience is preferred

Other Qualifications / Technical Requirements

• Strong PowerPoint and Excel skills required
• High attention to detail and strong organizational skills
• Excellent analytical, written and verbal communication skills
• Self-starter, positive attitude with strong multi-tasking and prioritization abilities in a fast-paced environment
• Excellent interpersonal skills and demonstrated ability to work effectively as part of a team
• Mature and hard-working, strong executive presence; and
• Tenacious/persistent and humble - goes the extra mile with the right attitude

The compensation range for this role is specific to New York, NY, 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.