Analyst, Long Term Incentives

Company Profile
The Carlyle Group (NASDAQ: CG) is a global investment firm with $477 billion of assets under management, across 678 investment vehicles as of December 31, 2025. 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 27 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.

Position Summary
The HCM Long Term Incentives team develops and manages Carlyle's global equity programs, which include carried interest, incentive fees, the Carried Interest Pool (CIP), 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. Primary position duties include but are not limited to managing participant and carry allocation data across multiple systems; analysing procedures to ensure the team is operating efficiently and maximizing use of available technology, performing data analysis and reporting, managing new hire and termination processes regarding carried interest participation; and special projects as assigned.

Primary Responsibilities
Carry Allocations Management (40% of time)

• Coordinate with Fund Management and Partnership Accounting for the collection of monthly fund summaries. Prepare Equity Participation Agreements for new hire carry offers.
• Review and maintain investment and carry allocation data in the Carry Transactions and Reporting (CTR) system and support schedules for assigned funds.
• Create fund legal structures, accounting entities and investment lots in various systems (CTR, Appian, Security Master, etc.)
• Prepare ad hoc and year-end Fund Head updates for their review to assist with allocating fixed and discretionary carry, and coordinate year-end carry allocation conference calls with Fund Heads.
• Execute the termination process: Prepare customized individual vesting schedules for long-term incentive plan participants. Produce forfeiture entry worksheets according to termination agreements for carried interest and carry pools, ensuring compliance with the terms of the original grants and/or other separation agreements.
• Liaise with carry participants to answer questions related to their participation and documentation.
• Prepare, distribute and manage process related to carry participant follow up on outstanding legal paperwork and 83(b) tax election forms to ensure timely submission to the IRS. Assist with testing data in the year-end compensation (COMP) statements.

Carry Administration Processes and Technology (30% of time)

• Participate in new technology initiatives (development, design, functionality testing), as applicable, including close coordination with Equity project lead and other Equity team members, GTS and consultants. Coordinate with GTS to resolve identified issues.
• Participate in the process of electronically compiling and distributing Investment Sharing Ratio (ISR) letters and legal and tax document packages to carry participants and continue to evaluate more efficient means of distributing and receiving documents through use of technology platforms.
• Collaborate with Tax, Corporate Accounting and CTR team to create new funds and investments in CTR and Salesforce.

Tax Structure and Reporting (15% of time)

• 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 for accuracy and completeness.
• Prepare analysis of populations for international tax reporting required for UK Annual Share Scheme Report filings, nd other ad-hoc tax requests.
• Assist with the administration of certain international carry tax structures including preparing documentation, tracking receipt of capital calls, etc.

General Administration (15% of time)

• Schedule Carry Allocations meetings with other departments as needed.
• Coordinate with Coinvestment and Stock Plan teams to ensure shared information is updated, processes are aligned, and a unified message is delivered to stakeholders across all equity programs.
• Generate ad hoc system reports as requested.
• Support annual tax demographic update process for tax reporting.
• Assist carry allocations team members with any request or special projects outside of daily responsibilities.

Requirements

Education & Certificates

• Bachelor's degree required
• Concentration in Business, Accounting or Finance preferred.

Professional Experience

• Minimum of 1-3 years of relevant work experience, required
• Experience in financial services is strongly preferred.
• Executive compensation experience is a plus.

Position-specific Technical Requirements

• Strong Microsoft Office (Word, Excel, PowerPoint)
• Extremely organized, detail-oriented and efficient approach to record-keeping
• Excellent time and project management skills
• Ability to work as part of a team and juggle multiple projects in a fast-paced environment
• Maintain strict confidentiality
• Self-starter
• Trustworthy and high integrity
• Work independently and as a part of a team
• Excellent interpersonal skills (written and oral)
• Comfortable interacting with peers, deal team members and senior leaders

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 $75,000 to $85,000.

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 Carlyle.