Associate, Asset Management - NYC at Carlyle Investment Management, LLC in New York, New York
Posted in Other about 2 hours ago.
Job Description:
Position Summary
An Associate within Carlyle's Real Estate Asset Management Group is primarily responsible for the financial modeling and analysis for investments made by the Fund. The Associate works directly as an Investment team member with others within Carlyle's US Real Estate Group, including Managing Directors, Principals, Vice Presidents, and Senior Associates. This is an exciting and unique opportunity for an early career real estate finance professional to join a dynamic and strategic team.
The role of the Associate is extremely important to the overall management of Carlyle's real estate portfolio. The integrity and timeliness of financial modeling and analysis are critical to the strategic decision making process from both an individual investment and a portfolio perspective. The Associate will gain immediate exposure to sophisticated capital structures and opportunistic strategies.
Responsibilities
Financial Management and Modeling
- Maintain investment level Excel and Argus models that capture complex capital structure and waterfall calculations
- Create sensitivity models that answer key strategic initiatives and provide concise results
- Demonstrate a strong understanding of Excel and the overall modeling process
- Participate in operational, development, and leasing calls to drive the strategy of the investment
- Update quarterly investor communications and reporting
- Prepare materials and participate in quarterly asset review meetings with Fund Head
- Fully comprehend and manage ownership documentation including debt and venture agreements to ensure compliance with covenants and terms
- Calculate quarterly asset and equity valuations and prepare documentation
Other Investment Activities
- Assist the Investment Team with other ad hoc requests for investors, lenders, and buyers
- Assist the Investment team with transactions related activities such as exits/dispositions,
- major lease analysis, and recapitalizations
- Process equity calls and distributions, legal invoices, and TCG expenses for each investment
Qualifications
-
2-4 years related Real Estate Asset Management experience
- Bachelor's degree with strong academic record required; GPA of at least 3.5 preferred
- Highly motivated, assertive and driven
- Willingness to work long hours in intense yet rewarding team environment
- Strong analytical, qualitative, and modelling skills
- Able to multi-task, prioritize, organize, and meet all deadlines
- Committed to high standards of excellence and ethics
- Clear, articulate communicator with professional presence
- Effectively identifies issues and formulates solutions
- Detail-oriented and diligent
Benefits/Compensation
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.
Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by Carlyle.
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.
