Associate Vice President, Global Credit Finance - Structured Products Valuations

Carlyle Group Inc.•New York, NY

57d•$160,000 - $180,000

About The Position

This position will be responsible for managing the valuation of portfolio assets within Carlyle Global Credit's Liquid Credit, comprised of 35+bn of AUM. Asset coverage includes CLO debt and equity investments, bank loans, ABS and other structured finance securities. The individual will work with teams across the organization, including the Trading Desk, Finance, and Technology in assisting to carry out the valuation process for the assigned funds. This will provide the candidate with a broad range of exposure to different aspects of the business, with the core focus on valuation.

Requirements

Minimum of 8+ years of overall relevant professional experience, required
Advanced knowledge of valuation methodologies and financial models for CLO, ABS, RMBS and other structured finance securities
Strong experience with third party systems such as Intex, Kanerai and Bloomberg
Ability to develop valuation approaches for various forms of securities and unique instruments including equity and debt securities, loans, and structured products
Maintain detailed records of all inputs used in the valuation process over time
Highly self-motivated with a proactive attitude and a strong eagerness to learn
Strong communication and interpersonal skills to work with a wide range of individuals and personalities
Strong organizational skills and detail oriented
Excellent communication skills - both written and verbal
Strong analytical and qualitative skills
Able to work independently and proactively manage responsibilities to completion, especially under tight deadlines
Committed to high standards of excellence and ethics, including the ability to maintain confidentiality of sensitive and proprietary information
Bachelor's degree, required

Nice To Haves

Experience in performing valuations of illiquid and complex securities, business valuations, and/or structuring, trading, or whole loan modelling, preferred
Knowledge of Python (including machine learning packages), R, MatLab is a plus
Concentration in Finance Economics, or Accounting, preferred
CFA or progress towards CFA is a plus

Responsibilities

Management of the valuation process for Liquid Credit including deliverable tracking, presentation reviews, valuation model reviews, and completion of ad-hoc deliverables
Coordinate with third-party pricing vendors to ensure comprehensive pricing coverage, address valuation challenges, and manage ad-hoc pricing requests. Support adherence to the firm's valuation policy through timely resolution of pricing-related needs
Work with the Trading Desk on the completion of valuation reviews in line with Carlyle's valuation policy as well as applicable accounting/industry guidance
Support the maintenance and enhancement of existing valuation models, and contribute to the development of new models and methodologies
Work closely with deal teams to solve for complex valuation situations, escalating as required
Drive enhancements and improvements to the valuation and reporting processes, procedures, and expand the use of technology
Prepare and maintain daily, monthly, and quarterly valuation analytics and reports at the fund and investment level, including P&L attribution and analysis of performance drivers
Identification of relevant credit specific metrics to include in the reporting
Present valuation results to senior executives, including C-Suite leadership and members of the Board of Directors
Manage and assist in the annual audit as well as interim reviews with the auditors