Analyst, Investment Operations (Wire Management)
Ares Management
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 looking for an Analyst to join the Los Angeles Investment Operations team. This role reports to AVP of Investment Operations – Wire Team. The candidate is responsible for monitoring wires and cash management activities while actively enhancing the platform to streamline and strengthen team capabilities. The ideal candidate is an ambitious self-starter capable of working independently to conduct business that is an equal blend of art and science. Good critical thinking skills and a “solutioning” mindset are a must.
Primary Functions and Essential Responsibilities
Specific responsibilities include, but are not limited to:
Run, maintain, and continually improve control processes that surround the wire management system
Set up account SSI wiring instructions
Optimize efficiency and create scalability of wire team processes
Collaborate across internal teams to streamline wire team workflows
Work on system integration to optimize wire flow
Build strong global banking and vendor relationships
Qualifications
Education:
Bachelor’s degree in Finance or other business related discipline
MBA, CFA and/or CPA preferred but not required
Experience Required:
1-4 years of relevant work experience
Experience in Investment Operations in any of middle office, back office and/or compliance preferred
Prior experience with an alternative asset manager preferred, broader asset management experience preferred
Knowledge of various asset classes, primarily focused in credit/fixed income, derivatives, and FX with an emphasis on bank debt and high yield/alt credit
Experience with Hazeltree, Everest, Coupa, Wall Street Office, Geneva, and/or IVP data management platforms preferred
Prior wire transfer process, SWIFT, and/or loan servicing experience/knowledge is a plus
Understanding of basic accounting theories
Experience with a diverse set of investment vehicles such as Institutional Separate Accounts, SMA/Limited Partnerships, Open-End Mutual Funds, Closed-End Funds and UCITs, CLOs, and complex fund structures
Some technical acumen for solutioning complex problems using common enterprise tools (report writers, SQL, Excel, etc.)
General Requirements:
Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format, a keen eye for attention to detail
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 resolve issues with minimal supervision
Proven outstanding communication (written and verbal), presentation, documentation, and interpersonal skills, with the ability to summarize complex information both verbally and in writing
A hands-on approach and ability to synthesize business operations and talent needs
Ability to successfully manage multiple priorities and competing demands
High accuracy and detail orientation
Good judgment in terms of escalating issues vs. solving problems independently
A solutions-oriented, self-starter and ability to see the big picture
An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes
Dependable, great attitude, highly motivated and a team player
Familiarity with standard activities carried out by financial intermediaries such as investment banks, broker/dealers, Prime Brokers, etc.
Knowledge of financial payment types and processing nice to have
Knowledge of SWIFT and ACH a plus
Corporate Finance knowledge a plus
Reporting Relationships
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.
$90,000 - $100,000
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.