2-Year Associate, Real Estate Credit Full Time

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.

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

Qualifications

• 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

Source:  The Carlyle Group Career Page