What are the responsibilities and job description for the Associate Vice President, Private Credit Operations – Opportunistic Credit position at The Carlyle Group?
Basic information
Position Summary
Position Summary
Responsibilities
- Actively facilitate the deal execution process for privately held assets, including wire processing for internal and external movements, FX hedging, KYC, bank account openings and other steps required in coordination with multiple groups including deal team, internal and external counsel, fund management and tax
- Proactively manage cash and financing lines across all fund structures
- Cash and wire management related to deal fundings for privately held assets, including the review of funds flows and legal documents
- Work closely with Fund Management and Corporate Treasury to hedge foreign currency exposure
- Trade settlements for all external facing trades and internal transfers across multiple asset classes
- Review of issuer and asset level reference data setup and maintenance
- Investment / trade capture and activity processing in Order Management System/Internal Book of Record
- Responsible for reviewing cash and position reconciliations across all entities, and ensuring the timely resolutions of breaks
- Assist in strategic initiatives related to technology and process enhancements
- Regular and ad-hoc reporting for various areas within the firm
- Oversight and mentorship of junior team members
Qualifications
- Bachelors Degree, required
- Concentration in Finance, Accounting, Mathematics, or related discipline, preferred
Professional Experience
- Minimum of 6 years of overall relevant experience, required
- Experience in Financial Services
- Experience with public and private credit operations
- Experience with opportunistic/distressed credit a plus
- Strong understanding of loan and credit facility documents, including credit agreements and amendments
- Advanced skills with Microsoft Office suite
- Detail oriented self-starter
- Ability to work alone and in a team environment
- Problem solving and critical thinking abilities
- Strong work ethic, honesty and integrity, as well as strong interpersonal and communication skills.
- Ability to manage and prioritize multiple tasks
Benefits/Compensation
The anticipated base salary range for this role is $160,000 to $180,000.
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.
Company Information
The Carlyle Group (NASDAQ: CG) is a global investment firm with $447 billion of assets under management and more than half of the AUM managed by women, across 612 investment vehicles as of September 30, 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 2,300 professionals operating in 29 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 value diversity as a key driver of performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." Our aim is to cultivate a community where insights are continually exchanged and different perspectives are embraced. We recognize that diverse teams perform better and we are dedicated to leveraging diversity as a competitive advantage at Carlyle.
Salary : $160,000 - $180,000
