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 Washington, DC 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 $435 billion of assets under management and more than half of the AUM managed by women, across 606 investment vehicles as of June 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 2,200 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.
