Associate, Investment Operations

Over the last 20 years, Ares' success has been driven by our people and our culture. Today, our team is guided by our core values - Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy - and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Ares is seeking a highly motivated and experienced Associate to join the Middle Office Operations team that supports the Private Equity and Alternative Credit business groups. The new Associate is needed to help support continued business growth, improve processes, and scale operations. This position will focus on providing operational business support, as well as work on strategic projects to enhance the efficiency and scale of the operation.

Role Description:

• Provide daily operational support to deal and portfolio management teams in the Private Equity and Alternative Credit business group.
• Help manage the day-to-day processes involved with new deal closings including pre and post transaction preparations.
• Assist in the deal closing process from an operational perspective to ensure timely funding and accurate bookings across all platforms.
• Manage the active pipeline of upcoming deal closings, capital calls, amendments, drawdowns, payoffs, etc.
• Review, verify, and summarize administrative data related to new investment opportunities and dynamically track the progress of each transaction
• Review final closing checklists and validate all tasks were correctly executed
• Work closely with Accounting, Tax, Legal, and other groups to ensure cohesive efforts on deal closings.
• Provide operational support for deal closings including trade bookings, data management, new asset setups, wire payments, cash and position reconciliation.
• Participate in team projects and initiatives for process improvements.
• Manage and optimize strategic and operational processes and workflows related to transactions. Streamline new practices

Qualifications:

Education:

• Bachelor's degree is required from a top academic institution with an emphasis in Accounting, Finance, or related fields strongly preferred.
• Master's or other advanced degree considered a plus.

Experience Required:

• Minimum 2+ years of relevant operations experience, including experience with private equity or credit investments, bank debt, bonds, preferred equity, and other fixed income products.
• Knowledge of Wall Street Office, Everest/Black Mountain, IVP, and/or Geneva strongly preferred.
• Demonstrated ability to solve problems and interact directly with investment professionals.
• Previous experience implementing controls and improving processes.

General Requirements:

• Excellent interpersonal and written communication skills.
• Self-motivated and driven with ability to multitask and to work effectively in a fast-paced, dynamic environment.

Reporting Relationships

Vice President, Investment Operations

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$0.00 - $0.00

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.