2-Year Associate, Real Estate Credit

Carlyle; 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

Job summary

The Carlyle Group in New York, NY is seeking a 2-Year Associate focused on real estate credit to support analysis and execution across the credit capital stack, including financial modeling, market research, and responding to investor inquiries.

You will work with senior investment professionals on deal teams, draft investment committee memorandums, coordinate due diligence, and monitor existing investments; travel to potential sites may be required.

Qualifications

• 2+ years of experience in Real Estate, Finance, or Investing.
• Expertise in Excel and financial valuation and modeling.
• Functional knowledge of Argus.
• Ability to model property-level cash flows and capital structures (senior debt, mezzanine debt, preferred equity, common equity).
• Ability to summarize thoughts concisely and communicate clearly.

Responsibilities

• Collaborate on a deal team to analyze and execute real estate credit investments.
• Communicate with and report to all levels from Senior Associates to Managing Directors.
• Perform extensive financial modeling (scenario/sensitivity analyses) and develop sources/uses.
• Draft investment committee memorandums and manage due diligence with consultants.
• Monitor, report and asset manage existing investments; coordinate wires and compliance docs.
• Travel to visit potential investments as needed.

Skills

Excel Modeling

Real Estate Valuation

Financial Modeling

Market Research

Analytical Skills

Tools

Excel

Argus

Job description

## 2-Year Associate, Real Estate CreditApplylocations: New York, NYtime type: Full timeposted on: Posted 4 Days Agojob requisition id: R-00131**Position Summary** We seek to hire an Associate focused on real estate credit. The Associate will be responsible for helping to analyze and execute on a wide variety of investment opportunities across the credit capital stack. The Associate will be fully involved in all aspects of the investment process, particularly the financial modeling, market research, responding to investor inquiries, monitoring existing investments and preparation of investment committee memorandums.**Responsibilities** The 2-Year Associate will be a key member of the Real Estate Credit team and will work closely with the senior investment professionals. Key job functions include:* Collaborate on a small deal team to analyze and execute real estate credit investments;* Communicate with and report to all levels, from Senior Associates to Managing Directors;* Perform extensive financial modeling for single asset deals and portfolios,, including scenario and sensitivity analyses, development of sources and uses, discounted cash flows, promoted and carried interests, and debt and or pref equity financing structures;* Summarize investment process, policies and procedures;* Develop and maintain research on certain geographic markets, property types and/or sectors;Participate in all aspects of investment transactions, as requested by team members:* Draft investment committee memos* Engage consultants to conduct due diligence, including environmental and physical studies, insurance, property tax research. Review materials as needed and communicate summaries to the team and incorporate findings into the models* Complete closing statements* Monitor, report and asset manage existing investments* Coordinate with internal teams to send out wires and complete all compliance related documentation to effectuate a transaction* Interact with borrowers, attorneys, consultants and various deal participants* Travel to visit potential investments, as needed**Qualifications*** 2+ years of relevant experience in Real Estate, Finance, or Investing* Expertise in Excel and the overall financial valuation and modeling process* Functional knowledge of Argus* Solid understanding of and ability to model property-level cash flows as well as capital structures, including senior debt, mezzanine debt, preferred equity, and common equity* Talent for managing multiple projects simultaneously* Ability to quickly and efficiently perform tasks, maintaining a focus on details* Ability to perform market analysis, including rent and sales comparable studies, “on the ground” market tours, meetings with brokers and market experts* Ability to assess qualitative and quantitative characteristics of properties and/or investments* Ability to summarize thoughts into a concise manner and effectively communicate (written and verbal) both internally and externally (changes in a model, financial metrics, investment thesis)* Should have relevant transactional experience in real estate investments**Position-specific Technical Requirements*** Highly ethical* Team oriented, with consistent drive to maximize value-add to both group and across firm* Keen sense of accountability, responsiveness, and follow-through* Strong analytical ability* Ability to handle projects with minimal training or oversight* Excellent organizational skills* Highly adaptable, with flexibility on depth and breadth of role and responsibilities**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 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.Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by The Carlyle Group.