Associate Vice President, Fund Management Global Credit Structured Credit

1 week ago


New York, New York, United States Carlyle Group Full time
Job Summary

We are seeking an experienced Fund Manager to join our Global Credit Structured Credit team. The successful candidate will be responsible for managing all aspects of fund management, including finance, operations, tax, fund accounting, and financial reporting.

Key Responsibilities
  • Coordinate with investment team, legal/tax counsel, and middle office operations team to plan and execute fund and deal closings, including legal entity structuring.
  • Assist with formation process for all new entities and prepare documentation needed for internal Legal Entity approval, coordinate establishment of tax documentation (W8, W9) for all entities.
  • Manage diligence and closing of newly admitted LPs and assist in diligence meetings and requests.
  • Monitor legal compliance with various fund agreements and side letter arrangements.
  • Direct fund capital activity, including capital call calculations, distribution calculations, and the carry waterfall analysis, management fee and other allocations or reallocations prepared by the TPA.
  • Oversee the borrowing/repayments request and compliance reporting across multiple credit facilities.
  • Manage review of valuation models prepared by deal team and preparation of materials and certifications for quarterly Valuation Sub-Committee Meeting.
  • Preparation of fund and portfolio performance metrics.
  • Preparation of revenue projection models and budgeting and re-forecasting files.
Requirements
  • Bachelor's degree in Accounting and/or Finance required.
  • CPA required.
  • Minimum of 8+ years' experience either in private credit or public accounting.
  • Experience in alternatives, familiar with fund accounting/GP/LP structures.
  • Knowledge of U.S. GAAP with an emphasis on accounting for closed-end carry funds.
  • Knowledge of private equity and/or credit industry.
  • Knowledge of Structured Finance is a plus.
What We Offer

The Carlyle Group offers a comprehensive benefits package, including retirement benefits, health insurance, life insurance, and disability. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program.



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