Senior Associate Investment Operations
0156 ares operations india private
📍 mumbai india india🕐 1mo 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**
Ares is looking for a Senior Associate to join the Mumbai Investment Operations team. This role reports to Associate Vice President of Investment Operations – Wire Management Team. The candidate is responsible for monitoring wire management, SSI set-up’s, wire set-up’s etc. While actively enhancing the platform to streamline and strengthen team capabilities. The ideal candidate is an ambitious self-starter capable of working independently while also looking to lead a team, to conduct business that is an equal blend of art and science. Good critical thinking skills and a “solutioning” mindset are a must.
**Job Description**
Specific responsibilities include, but are not limited to:
* Ensure all cash transactions were accurately recorded; work with Banks to resolve and clear all cash account exceptions
* Monitor inbound/outbound data feeds between Treasury Management System (TMS) and various systems
* Set up account SSI wiring instructions
* Optimize efficiency and create scalability of wire team processes.
* Collaborate across internal teams to streamline wire team workflows.
* Assist w/ Client Onboarding for activities related to bank account setup and cash movements
* Active participant in build-out of TMS (Hazeltree) as Ares seeks to centralize key activities within an evolving platform
* Work on system integration to optimize wire flow
* Build strong global banking and vendor relationships
Education:
* Bachelor’s degree in Finance or other business related discipline
* MBA, CFA and/or CPA preferred but not required
Experience Required: Minimum of 6 years of experience in high quality, global capital markets or investment management firms with expertise in Investment Operations related functions
* Experience in Investment Operations in any of middle office, back office and/or compliance preferred
* Prior experience with an alternative asset manager preferred
* Strong knowledge of various asset classes, primarily focused on 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
* Understanding of basic accounting theories
* Experienced 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
* Hedge fund, Credit or Private Equity experience is a plus
* Intermediate-level 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
* 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
* Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment
* Ability to be flexible in terms of hours in order to coordinate with team members across various time zones
* 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
* Strong written and verbal communications skills
* Familiarity with standard activities carried out by financial intermediaries such as investment banks, broker/dealers, Prime Brokers, etc
* Strong knowledge of financial payment types and processing
* Strong knowledge of swift and ACH is a must have
* Knowledge of complex fund structures a plus
* Strong knowledge of various asset classes, primarily focused in the area of credit/fixed income, derivatives, and FX with an emphasis on bank debt and high yield/alt credit a significant plus
**Reporting Relationships**
Associate Vice President, Treasury Operations
_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._