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Senior Associate, Capital Solutions, Structured Products Surveillance
Aresmgmt
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About this role
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 The Global Capital Solutions team focuses on liabilities sourcing and financing, as well as asset sourcing and strategic counterparty relationships across the Ares platform.
Ares is seeking a highly motivated and analytical Senior Associate to join the Structured Products Surveillance Team focusing on U.S. private credit. The Surveillance Team is part of the Ares’ Global Capital Solutions team, a centralized platform function focused on securing favorable financing terms and execution across the firm.
The successful candidate will play a key role in the ongoing monitoring and management of private credit CLO portfolios, supporting transaction surveillance, compliance testing, portfolio analytics, investor reporting and strategic risk management activities.
Primary functions and essential responsibilities • Proactively monitor underlying private credit portfolios across multiple CLO transactions which may include preparing regular portfolio surveillance reports for various Portfolio Managers
• Reconciliation of monthly Trustee reports and quarterly payment date reports and review for accuracy and completeness
• Investigate and resolve discrepancies across reporting sources and transaction data
• Monitor overcollateralization (OC) tests, concentration limitations, collateral quality tests and other structural requirements
• Support new CLO issuances, refinancings, resets and amendment exercises
• Assist with data requests related to CLOs for both internal portfolio management and external investors
• Coordinate with legal counsel, trustees, fund accounting, operations and rating agencies on a regular basis
• Support projects related to the strengthening of the global CLO platform which may include reporting enhancements, compliance workflows and automation initiatives
Qualifications
Education : • Bachelor’s degree in Finance, Economics, Mathematics, Information Systems or related field
Experience Required : • 3-5 years of relevant experience in Private Credit, Direct Lending, CLO Surveillance, Structured Credit, Portfolio Management or related field
General Requirements : • Strong knowledge of CLO mechanics and documentation, including ratings and credit estimates
• Strong attention to detail and organizational skills
• Strong analytical and quantitative problem-solving abilities
• Strong written and verbal communication capabilities
• Team-orientated mindset with a proactive approach to problem solving
Reporting Relationships Principal, Capital Solutions 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.
$110,000.00 - $160,000.00
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.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
Salary insight
The midpoint of this range ($135k) is about 18% below the median disclosed salary for New York roles listed on ForgeApply ($165k across 7,345 jobs).
Based on live postings with disclosed pay on ForgeApply; refreshed daily. Not an estimate of this employer's offer.
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