Senior Associate Internal Audit

### _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** As the third line of defense, Internal Audit’s mission is to independently assess the firm’s overall control environment, including the firm’s governance processes and controls, and risk management and compliance frameworks. * Communicates and reports on the effectiveness of the firm’s governance, risk management and controls that mitigate current and evolving risk. * Raise awareness of control risk. * Monitors management’s implementation of control measures. Primary functions and essential responsibilities ================================================ * Support the AI audit coverage strategy, including risk assessments and recommendations to strengthen risk mitigation. * Provide practical guidance for assessing AI risks across audit projects. * Engage stakeholders to ensure AI risks are appropriately identified, assessed, and documented. * Stay current on AI technologies, ethical considerations, and regulatory requirements to inform audit coverage. * Partner with Technology, Risk, Privacy, Legal, and other stakeholders to support AI audit planning and execution. * Identify audit process improvements to increase productivity, efficiency, and contribution to economic profit without compromising effectiveness. * Leverage and advocate for the use of technology across the audit function, with a particular emphasis on data analytics. * Partner with business and technology stakeholders to develop use cases and integrate automation into control testing. * Identify and evaluate risks and assess the adequacy, effectiveness, and compliance of internal controls. * Assess control effectiveness and deliver high-quality audit findings and recommendations. * Demonstrate strong judgment and sound decision-making. * Identify and communicate existing and emerging business risks and significant issues in a timely and proactive manner. * Exhibit strong organizational and follow-up skills. * Execute responsibilities accurately, efficiently, and proactively. * Maintain all organizational and professional ethical standards. * Conduct quarterly risk and fraud assessments based on input from management, external auditors, and external factors to support the development of quarterly audit plans. * Pursue professional development opportunities, including internal and external training and participation in professional associations. * Maintain independence and objectivity in all audit activities. * Maintain an in-depth understanding of business areas, processes, and supporting functions.         Qualifications ============== General Requirements: * Strong experience with data analytics and comfortable with manipulating large data sets. * Experience in developing/validating/auditing of AI/ML Models * Subject matter expertise in auditing and enterprise risk management concepts (e.g., risk assessment/prioritization, process & internal controls, root cause analysis) * Understanding of local and globally significant regulatory requirements pertaining to AI * Understanding of the operation of financial markets, financial instruments and strategies. * 5 years of internal audit experience in the Financial Services Industry with an emphasis in the Investment Management industry. * Strong managerial skills, written and verbal communication skills, analytical, problem-solving, organizational, and interpersonal skills * Enthusiastic/ self-motivated/ strong interest in learning/ effective under pressure and willing to take personal responsibility/accountability. * Related certifications (CPA, CA, CIA or similar) preferred. **Reporting Relationships** Head of Internal Audit **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. $125,000 - $155,000 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._