Position Overview & Specifications
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 London 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 investment performance metrics and 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 demeanour, along with sharp analytical skills relevant to structured investments.
Primary Functions and Essential Responsibilities
- Monitor portfolio of private investments, including monitor covenants, review and analyze underlying asset performancea and financial information
- General asset management including executing fundings, processing monthly settlements, performing mark-to-market valuations, and other asset-level and portfolio-level reporting
- Develop and run complex models for valuation and reporting purposes
- Provide support to rest of the deal team with assigned investments
- Frequent communication with portfolio companies
- 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 trustworthiness