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Manager, Global Credit Finance - Asset Backed Finance Valuations

Carlyle Group

New York, NYSenior
Sign in to applyVerified 2h ago
Location
New York, NY
Work model
On-Site
Level
Senior
Posted
30d ago

Skills

Machine LearningPower BIPython

About this role

Position

Summary We are seeking a highly motivated professional to join our Product Control function within the Fund Management team for Global Credit. This position will be responsible for managing the valuation of portfolio assets within Carlyle Global Credit’s Asset Backed Finance business, comprised of 10+bn of AUM. Asset coverage includes Structured Finance Securities involving various ABS strategies (e.g. Student Loan Debt, Personal loans, Royalties, Credit Card Debt, etc.) and direct investment stakes. In addition, coverage includes Middle Market and Broadly Syndicated CLO Debt and Equity securities, Collateralized Bond Obligations ("CBO’s"), and Collateralized Fund Obligations (CFO’s). The individual will work with teams across the organization, including the Trading Desk, Asset Management team, Finance, and Technology in assisting in carrying out the valuation process for the assigned funds and managed accounts. This position offers a unique opportunity to shape and develop processes in a growing segment, requiring strong analytical skills, finance experience, and the ability to work independently in a fast-paced environment. In-Office Requirement: 4 days per week Primary Responsibilities Management of the valuation process for Asset Backed Finance products 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 Asset Management function and 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 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 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 Partner with finance and FP&A to assist with forecasting firm’s economic net income and carried interest / incentive fees for budgeting purposes Manage and assist in the annual audit as well as interim reviews with the auditors Requirements Education & Certificates Bachelor’s degree, required Concentration in Finance Economics, or Accounting, preferred CFA or progress towards CFA is a plus Professional Experience Minimum of 5+ years of overall relevant professional experience, required Experience in performing valuations of illiquid and complex securities, business valuations, and/or structuring, trading, or whole loan modelling, preferred Advanced knowledge of valuation methodologies and financial models for ABS, CLO, CBO, CFO, and other structured finance securities Strong experience with third party systems such as Intex and Bloomberg Experience in building cashflows models in Excel from scratch for Securitized Products preferred Knowledge of Python (including machine learning packages), Alteryx, Power BI is a plus Competencies & Attributes 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

Manager, Global Credit Finance - Asset Backed Finance Valuations at Carlyle Group, New York, NY | Yoinka