Associate, Alternative Credit Asset Management

0200 Ares Operations LLC • New York, NY

398d • $120,000 - $145,000

About The Position

Ares is seeking a highly motivated Associate to join the Alternative Credit investment team, focusing on Asset Management. This role involves monitoring and managing a portfolio of private investments, developing complex financial models, and providing support to deal teams. The ideal candidate will possess strong analytical skills and effective communication abilities, contributing to the team's dynamic investment process.

Requirements

• Bachelor's degree in Economics, Mathematics, Engineering, Computer Science, Information Systems, Finance or related field
• 2+ years 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
• Strong communication, quantitative, financial, and analytical skills
• Self-motivated and driven; ability to work effectively in a fast-paced environment
• Creative problem solver
• Exceptional interpersonal skills
• Impeccable integrity and trustworthiness

Nice To Haves

• Experience in structured finance or securitization
• Familiarity with discounted cash flow models

Responsibilities

• Monitor portfolio of private investments
• Provide support to the deal team with assigned investments
• Manage general asset management tasks including confirming fundings, processing settlements, valuations, and reporting
• Communicate frequently with portfolio companies
• Develop and run complex models for valuation and reporting purposes
• Perform mark-to-market valuations
• Analyze asset-level trends and metrics

Benefits

• 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)
• Commuter Benefits plan for parking and transit
• Access to a world-class medical advisory team
• Mental health app including coaching, therapy, and psychiatry
• Mindfulness and wellbeing app
• Financial wellness benefit with access to a financial advisor
• New parent leave
• Reproductive and adoption assistance
• Emergency backup care
• Matching gift program
• Education sponsorship program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees