Associate, Alternative Credit Asset Management

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 currently searching for a highly motivated, detail-oriented team player to join as an Associate on the Alternative Credit (“Alt Credit”) investment team in the New York or Atlanta office, focused on Asset Management. 

The position will be responsible for monitoring and on-going surveillance of Alternative Credit portfolio investments, developing and running complex discounted cash flow models, monitoring and reporting on various portfolio-level metrics, providing assistance to deal teams with assigned investments and general asset management including fundings, settlements, valuation and reporting.  

The nature of the team’s investment process and dynamic environment necessitates that a candidate have strong verbal and written communication skills, attention to detail, a professional demeanor, along with sharp analytical skills relevant to structured investments.  

 

Primary Functions and Essential Responsibilities:

• Monitor portfolio of private investments 

• Provide support to rest of the deal team with assigned investments 

• General asset management including confirming fundings, processing monthly settlements, valuations, and other asset-level reporting 

• Frequent communication with portfolio companies 

• Develop and run complex models for valuation and reporting purposes 

• Perform mark-to-market valuations 

• Analyzing asset-level trends and metrics   

Qualifications:

• Bachelor’s degree required or international equivalent in Economics, Mathematics, Engineering, Computer Science, Information Systems, Finance or related field 

• Strong intellect with solid communication, quantitative, financial and analytical skills 

• 2+ year of finance or accounting experience with exposure to structured finance/securitization preferred  

• Advanced MS Excel modeling skills (index + match, macros, and array formulas) 

• Intermediate MS PowerPoint skills 

• Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment 

• Creative problem solver 

• Exceptional interpersonal skills 

• Impeccable integrity and trustworthines

Reporting Relationships

Managing Director, Alternative Credit

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.

$120,000.00 - $145,000.00