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 seeking an Associate Vice President (AVP) with subject matter expertise in the areas of operational risk and/ or third party risk management (“TPRM”) to join our Enterprise Risk Management (“ERM”) team. Within ERM, we strive to execute sound risk management strategies in support of the firm. The interaction with numerous groups and the range of projects that ensue provide for a challenging and multi-faceted work environment.

This position is responsible for managing and maturing all components of TPRM for the firm. This will entail working closely with ERM team members and collaborating cross-functionally with stakeholders to implement and deliver all components of the TPRM framework. In addition, the candidate will directly contribute to other risk related initiatives including broader operational risk initiatives, business continuity, operational and enterprise resilience, crisis management, and incident response.

Primary Functions and Essential Responsibilities

• Facilitate and conduct risk reviews as part of the TPRM lifecycle
• Maintain risk technology platforms
• Conduct ongoing monitoring for critical third party provider relationships
• Collaborate with ERM team members to manage and continuously mature the TPRM framework
• Collaborate with ERM team members to develop a risk framework for triggers and escalation for alerts from our third party risk surveillance tool
• Conduct detailed reviews of incidents and events to remediation
• Develop and implement a formal process for issue management and event tracking in our third party risk tool
• Coordinate with subject matter experts across the platform to incorporate key risk considerations into the TPRM framework
• Produce dashboard reporting
• Stay informed on industry trends and developments in operational risk and third party risk

Qualifications

Education:

• Bachelor’s degree

Experience and Skills Required:

• 7+ years of relevant experience
• Previous experience in operational risk and/ or third party risk management
• Experience with operational risk and/ or third party risk management frameworks is a plus
• General industry knowledge and experience from a financial services or investment/ wealth management organization is a plus
• Strong organizational, documentation, analytical, presentation, and communication skills (written and verbal)
• Proficient in Microsoft Excel, PowerPoint, and Word
• Proficiency with Salesforce and advanced visual analytics tools such as Tableau or PowerBI is preferred

General Requirements:

• Ability to collaborate cross-functionally
• Ability to check and validate own work
• Ability and desire to work in a fast pace and dynamic environment, often requiring quick solutions to complex problems
• Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format
• Ability to successfully manage multiple priorities and competing demands, strong time management and prioritization skills
• Dependable, highly motivated and a team player
• Strong work ethic and high level of integrity
• An analytical mind and a passion/ interest in bringing new ideas to increase efficiency of existing processes
• Willingness to take on new projects and learn new skills
• A self-directed individual with a can-do attitude, willing to work in an energetic, collaborative, and fast-paced environment, proactive in nature, and a proven ability to learn quickly

Reporting Relationships

Compensation

$130,000.00 - $150,000.00