Senior Associate

### _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 detailed reconciliations of trade attributes - including traded quantity, price and asset - to ensure alignment with counterparty records * Knowledge of **Bond**, ABS and **FX settlement** workflows * Existing knowledge of SWIFT and Euroclear. Clearstream , DTCC systems, including the ability to initiate and manage trade amendments via SWIFT. Proven experience in resolving trade failures with custodians and counterparties * Knowledge of MIFID II and/or EMIR reporting advantageous * Knowledge of CSDR Claims process. * Attention to detail when loading and updating trades as needed in our OMS * Communicates well and able to organize workload to meet deadlines * Strong attention to detail when dealing with wire uploads * Direct fund administrators and custodian banks on appropriate processing and review/reconcile processing activity to ensure accuracy. * Proactively research, resolve and prevent settlement cash and par breaks with custodian banks and third-party administrators * Timely crosschecking of trades with funding memos/Clear Par, booking trade fees as per funding memo, and settle with correct quantity * Knowledge of loan settlements workflow and prior use of Clearpar advantageous * Handle adhoc requests in a timely fashion * Identify opportunities and work with all internal and external stakeholders to improve process efficiencies and increase risk mitigation * Review daily recons between internal systems and third parties and resolve discrepancies * Participate in department initiatives such as system enhancements, off hours testing and new business conversions as necessary. * Take ownership of tasks and drive them to completion. * Demonstrate a strong sense of accountability and a commitment to excellence. 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 bank loan industry and standards * Understanding of liquid and derivative products * Understanding of custodian bank/administrator's and agent's data * Highly proficient in Microsoft Excel * Proficient in Microsoft Outlook, Word, Wall Street Office and Geneva * KPI reporting and Powerbi dashboard knowledge is a plus Minimum 2-3 years of investment management operations experience with high emphasis on bank loan operations * Experience working with an outsource/offshore service provider * Experience working with brokers, custodians and agent banks * Self-motivator and highly organized **Reporting Relationships** Principal, 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._