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 Analyst/Associate on the Alternative Credit (“Alt Credit”) Team in the Ares New York City Office, focused on supporting the Alternative Credit Team’ data gathering, portfolio reporting, and portfolio monitoring efforts. Focus asset classes will be Rated ABS, CLOs, CMBS, and RMBS.
The position will be responsible for gathering market, assets, portfolio and transaction performance information and translating that information into usable formats and models.
The nature of the team’s portfolio management process necessitates that a candidate be a self-starter, have strong attention to detail, a professional demeanor, along with analytical knowledge and skills relevant to structured investments. The ability to also develop ideas for improving and automating portfolio reporting and data gathering is a plus.
Primary Functions and Essential Responsibilities
- Enhance and maintain the current daily process for foraging, extracting, and processing INTEX and other market data from various vendors to build up Ares proprietary INSightDB
- Facilitate the retrieval of portfolio holding performance information from various sources
- Provide data analytics support to investment analysts and PMs
- Provide portfolio reporting deliverables to Investor Relationship teams
- Enhance and further develop portfolio and position reporting
- Provide support for team with modeling structured securities
Qualifications
- Bachelor’s degree required or international equivalent in Computer Science, Information Systems, Finance or related field
- Strong intellect with solid communication, quantitative, financial and analytical skills
- [1-2] year of programming experience in financial services.
- [1+] year of finance or accounting experience with exposure to structured finance/securitization preferred.
General Requirements
- Programming skills (VBA, SQL, python) Intermediate MS Excel modeling skills (index + match, macros, and array formulas) are an advantage.
- Knowledge and experiences in fixed income, bond math, corporate debt structure, and leverage loans is a plus.
- Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment
- Creative problem solver – Ability to work through kinks in a process as opposed to getting stuck.
- Exceptional interpersonal skills
- Ability to communicate direct and succinct statuses on projects and deliverables
- Impeccable integrity and trustworthiness
Reporting Relationships
Partner and Portfolio Manager
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.
$125,000.00 - $145,000.00
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.