Avp Investment Operations

### _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** **Primary functions and essential responsibilities** * Perform reconciliation on par traded quantity, ensure trades are in line with counterparty * Timely crosschecking of trades with funding memos/Clear Par, booking trade fees as per funding memo, and settle with correct quantity * Keeping check on payout letters/distressed trades * Problem solving, keen eye to breaks for position and cash, reaching out agent bank or admin for recon breaks * Knowledge on the trade closure and settlement. * Experience in warehouse closings and portfolio redemption trade settlements. * Knowledge on loan restructure and corporate action events * Knowledge on Non Loan settlements – FX and Bonds. * Direct fund administrators and custodian banks on appropriate processing and review/reconcile processing output for accuracy * Proactively research, resolve and prevent all settlement and corporate action cash and par breaks with custodian banks and third-party administrators * Handle settlement related audit request * Work with all internal and external stakeholders to improve and enhance settlement workflows * Prepare daily, weekly, monthly and quarterly KPIs reporting and PowerBi system knowledge is a strong plus. * Review daily recons between internal systems and third parties and resolve discrepancies, including MLR discrepancies * Efficient mailbox management skills to manage the workflow assignments. * Influencing and participating in decisions on policies/procedures designed to ensure compliance with internal, legal and regulatory policies and ensure changing business requirements are met * Contribute ideas and recommendations to improve process efficiencies and increase risk mitigation * Participate in meetings representing Settlements group and participate in department initiatives such as system enhancements, off-hour testing and new business conversions as necessary. * People management skills with great influencing ability. **Qualifications** * Education: Bachelor’s Degree from an accredited university in Finance or related discipline **Experience Required:** * Strong fixed-income product knowledge, particularly bank loans * Strong understanding of the Cross trades Settlements. * Understanding of custodian bank/administrator’s and agent’s data * Strong knowledge of fixed income assets * Highly proficient in Microsoft Excel * Proficient in Microsoft Outlook, Clearpar, Wall Street Office-Admin, OMS and Geneva  * Minimum 10-12 years of investment management operations experience with high emphasis on bank loan operations * Experience working with an outsource/offshore service provider * Experience in working on trade settlements per LMA and LSTA standards. * Any knowledge of Python, power bi or any other automation tool can be added advantage. **Reporting Relationships** Vice President, Middle Office _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._