Senior Associate, Allocations & Portfolio Compliance

Ares Management Corporation•New York, NY

10d•$120,000 - $135,000

About The Position

The Investment Operations group within a prestigious credit investment manager is looking to expand. The firm’s private credit businesses have grown significantly over recent years and high caliber talent is needed to help support continued business growth, improve processes, and scale operations. This role would focus on supporting day to day requirements of the investment allocations process for the US Direct Lending business.

Requirements

A Bachelor’s degree is required.
3+ years’ experience in relevant operational areas such as settlements, deal closings, or portfolio compliance
Strong knowledge of bank loans and credit agreements
Strong knowledge of alternative credit transactions including privately held investments, bank debt, bonds, CLO equity, and other fixed income products
Self-motivated and proactive team player who takes ownership and accountability of assigned tasks
Excellent organization and time management skills with ability to prioritize work and function independently
Effective articulation with excellent written and oral communication skills
Comfortability interacting with senior stakeholders across all business groups
Strong proficiency in Excel

Responsibilities

Support the investment allocation process for the US Direct Lending business in coordination with deal teams, accounting, operations, and other internal parties
Develop expertise around the various internal accounts for the US Direct Lending business and the suitability of investments
Assist deal teams with capacity analyses as they evaluate investment opportunities
Work with Investor Relations to determine which account guidelines are holding back deployment
Run pre-trade compliance to determine concentration limits/headroom, sector/country eligibility, etc.
Oversee the continued systemization builds and enhancements for the allocations process within Ares internal systems
Perform various data checks to ensure the accuracy of key data points
Prepare and distribute weekly, monthly, quarterly, annual, and ad hoc reports and internal communications for various funds and business units
Communicate regularly with the Deal Teams, Portfolio Managers, Compliance, Legal, Business Development, IT, and Accounting departments