Senior Associate Capital Solutions Structured Products Surveillance
0200 ares operations
📍 new york new york los angeles california 1800 aos united states💰 $110K–$160K/yr🕐 28d ago🔗 workday
Job Description
### _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**
The Global Capital Solutions team focuses on liabilities sourcing and financing, as well as asset sourcing and strategic counterparty relationships across the Ares platform.
Ares is seeking a highly motivated and analytical Senior Associate to join the Structured Products Surveillance Team focusing on U.S. private credit. The Surveillance Team is part of the Ares’ Global Capital Solutions team, a centralized platform function focused on securing favorable financing terms and execution across the firm.
The successful candidate will play a key role in the ongoing monitoring and management of private credit CLO portfolios, supporting transaction surveillance, compliance testing, portfolio analytics, investor reporting and strategic risk management activities.
**Primary functions and essential responsibilities**
* Proactively monitor underlying private credit portfolios across multiple CLO transactions which may include preparing regular portfolio surveillance reports for various Portfolio Managers
* Reconciliation of monthly Trustee reports and quarterly payment date reports and review for accuracy and completeness
* Investigate and resolve discrepancies across reporting sources and transaction data
* Monitor overcollateralization (OC) tests, concentration limitations, collateral quality tests and other structural requirements
* Support new CLO issuances, refinancings, resets and amendment exercises
* Assist with data requests related to CLOs for both internal portfolio management and external investors
* Coordinate with legal counsel, trustees, fund accounting, operations and rating agencies on a regular basis
* Support projects related to the strengthening of the global CLO platform which may include reporting enhancements, compliance workflows and automation initiatives
**Qualifications**
Education:
* Bachelor’s degree in Finance, Economics, Mathematics, Information Systems or related field
Experience Required:
* 3-5 years of relevant experience in Private Credit, Direct Lending, CLO Surveillance, Structured Credit, Portfolio Management or related field
General Requirements:
* Strong knowledge of CLO mechanics and documentation, including ratings and credit estimates
* Strong attention to detail and organizational skills
* Strong analytical and quantitative problem-solving abilities
* Strong written and verbal communication capabilities
* Team-orientated mindset with a proactive approach to problem solving
**Reporting Relationships**
Principal, Capital Solutions
**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.
$110,000.00 - $160,000.00
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._