Fund Description
Our Global Credit segment is a multi-product, markets-focused investment platform. Established in 1999 with our first high yield fund, Global Credit currently operates 151 active vehicles across its four business segments, Liquid Credit, Private Credit, Real Assets Credit, and Asset-Backed Finance. As of March 31, 2026, Carlyle's Global Credit platform has 212 investment professionals and ~$210 billion in AUM.
Position Summary
We seek to hire an Associate to join our Real Estate Credit division. The Associate will be responsible for helping to analyze and execute on a wide variety of investment opportunities in Real Estate Credit. 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.
Primary 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
Requirements
- 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 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 The Carlyle Group.