Position Summary
The HCM Long Term Incentives team develops and manages Carlyle's global equity programs, which include carried interest, the Carried Interest Pool (CIP) program, and restricted stock units (RSUs). This job requires someone who can prioritize workload, work independently and manage multiple tasks quickly, and at times under pressure, with poise and confidence.
This position is a member of the Equity Allocations team that is responsible for managing carried interest and CIP allocations, as well as long-term incentives reporting and analytics. Position duties include, but are not limited to: preparing various schedules for analysis, reporting and communications; administration of carried interest allocations processes, contributing to ensure systems are fully utilized for operational efficiency and process improvements; preparing carry participant documents; and special projects as assigned. Further, this position plays an integral role in the ongoing management and enhancements to the HCM Reporting platform and other reporting initiatives, particularly total compensation reporting and analysis across both the cash and equity programs.
In-Office Requirement: 4 days per week
Primary Responsibilities:
Carry Allocations Management, Tax and Legal Structure Compliance, and Analysis
- Review Equity Participation Agreements for new hire carry offers.
- Review new hire employment agreements and termination agreements to ensure compliance with carry provisions and other key terms.
- Review carry allocations data in the Carry Transactions and Reporting (CTR) system for accuracy and completeness. Work with LTI Analysts to ensure any necessary corrections are made.
- Collaborate with Legal and Tax to understand new fund legal structures for CTR setup.
- Create fund legal structures, accounting entities and investment lots in various systems (CTR, Appian, Security Master, etc.)
- Independently work with Partnership Accounting and Fund Management to research fund and investment data issues.
- Prepare schedules and reports used for analysis and recommendations to Management, HRBPs, and Fund Heads regarding carry forfeitures and reallocations.
- Perform analysis to complete ad hoc projects requested by Fund Heads, carry participants, HCM and Legal.
- Prepare schedules for ad hoc and year-end updates to Fund Heads for their review and allocation of deal-specific discretionary carry, as well as prospective carry allocation changes.
- Consult with Legal, Partnership Accounting, Fund Management, and LTI colleagues to resolve fund-related issues.
- Assist with the annual Equity Partner list and PWC Transfer Matrix for Tax to ensure all Limited Partners (LPs) are captured by legal entity for preparation of K-1's and serve as resource for questions on the tax workpaper populations.
- Prepare analysis of populations for international tax and legal reporting requirements.
- Assist with the administration of international carry tax structures including preparing documentation, calculating capital calls, etc.
- Provide ongoing training, feedback and developmental support to LTI Analysts
- Collaborate with LTI and other Carlyle colleagues to design and document new administrative processes and procedures to ensure efficient, accurate, and compliant execution of new programs as a result of regulatory updates, technology changes or other requirements, as needed.
- Respond to stakeholder inquiries regarding their carried interest participation and escalate issues as needed.
- Ensure all terms of carry grants are captured properly in documentation provided to participants and all relevant systems.
- Prepare complex vesting schedules and special data requests to assist HCM and Legal with negotiated vesting provisions.
- Review forfeiture entry worksheets and upload templates for carried interest and CIP forfeitures.
- Oversee the process of electronically distributing carry grant packages to participants, including required legal, compliance and tax related documentation, as well as reviewing calculations for any required capital contributions.
LTI Reporting and Analytics
- Collaborate with HCM colleagues to continually enhance and evolve systematic LTI reporting capabilities with the overarching goal of a) enhancing and expediting reporting, and b) improving the overall quality of analytics, employee compensation communication materials, and management decision making.
- Review reports and schedules prepared by LTI Analysts.
- Independently proficient at designing polished reports and schedules.
- Perform annual firm-wide and ad hoc carry benchmarking analysis.
- Perform quarterly CIP pool analysis to project the current year's CIP pool size based on actual and projected capital to be deployed by fund and overall.
- Prepare quarterly dry powder files to be loaded into the HCM Reporting tool for reporting participant level economics in future investments.
Systems Functionality and Administration
- Coordinate with Global Technology and Solutions (GTS) to plan and test routine data refreshes for carry allocations, carry forecasts, dry powder values and offline distribution imports.
- Oversight and testing of the annual HCM Reporting COMP data snapshot process.
- Collaborate with GTS and other teams across the firm (i.e. Salesforce, CTR, FM, PA) to resolve any technology issues impacting carry data or functionality, including data feeds across various systems.
- Work closely with to ensure the reporting tools are fully utilized resulting in increased operational efficiency and process improvements.
- Work with HCM and GTS team members on the annual year-end COMP process, including participation in design of new functionality and testing of data, system functionality, and reporting.
- Serve as a point person for the carry allocations team for any new technology initiatives involving carry allocations functionality in CTR and HCM Reporting, working closely with the GTS team to define requirements, troubleshoot, test data and functionality.
Requirements
Education
- Bachelors degree required. Concentration in Business, Accounting or Finance preferred.
Professional Experience
- Minimum of 5-8 years of work experience with exposure in financial services strongly preferred. Executive compensation experience is a plus.
Position-specific Technical Requirements
- Advanced excel skills, including working with large and complicated data sets.
- Proficient with other Microsoft applications and comfortable using and learning new technology and reporting tools.
- Ability to interpret data and translate findings into meaningful analysis through charts and other means for senior management.
- Self-starter
- Detail-oriented, organized, efficient and diligent with an auditor/proof-reader mentality towards data integrity
- Excellent interpersonal skills (written and oral) and ability to work as part of a team and interact with senior leaders
- Effective project and time management skills
- Ability to multi-task and prioritize in a fast-paced and continuously changing environment
- Ability to respect highly confidential information and work in a confidential environment
- Analytical and strong problem-solving abilities
- Trustworthy and high integrity
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 $125,000.
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.
About Us
The Carlyle Group (NASDAQ: CG) is a global investment firm with $475 billion of assets under management, across 678 investment vehicles as of March 31, 2026. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,500 professionals operating in 28 offices in North America, Europe, the Middle East, Asia and Australia.
Carlyle’s purpose is to connect people, ideas, and capital to fuel growth for companies and performance for 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 Carlyle AlpInvest – and has deep expertise across industries, markets, and geographies.
At Carlyle, we believe that a wide spectrum of experiences and viewpoints drives 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." Reflecting this view, emphasis is placed on development, retention and inclusion through our internal processes and seven Employee Resource Groups (ERGs). We cultivate a culture where ideas are openly shared and challenged, connecting diverse expertise and perspectives to drive enduring value.
