Vice President 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** **RESPONSIBILITIES:** Specific responsibilities include, but are not limited to: * Proactively oversee the cash and par reconciliation team process, providing oversight and guidance and act as first level of escalation for all recon related issues * Assist with the daily management and oversight of the reconciliation process including cash, par and non-custody reconciliations with both custodian bank and paying agents across all funds * Direct fund administrators and custodian banks on solutioning for process related trends and review/reconcile processing output for accuracy while looking for root cause issues * Prepare daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues * Maintain high standard of quality controls and oversight of the recon process to ensure breaks are escalated and resolved timely * 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 * Oversee all audit related inquiries and submissions on behalf of the recon team. Work with internal audit, audit consultants, and external audit on SOC 1 controls and testing * Work with all internal and external stakeholders to improve and enhance recon team workflows * Contribute ideas and recommendations to improve process efficiencies and increase risk mitigation * Participate in meetings representing the recon team and participate in department initiatives such as system enhancements, off hours testing and new business conversions as necessary * Manage relationships with custodian banks, agent banks, and admins **QUALIFICATIONS:** Education: * Bachelor’s degree in Finance or other business-related discipline Experience Required:   * Minimum 10-12 years of investment management operations experience with high emphasis on reconciliation and relevant asset knowledge * Management firms with expertise in Investment Operations and Reconciliation related functions * 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 * Strong understanding of the loan industry and standards * Familiarity with standard activities carried out by financial intermediaries such as investment banks, broker/dealers, Prime Brokers, etc. * Proficient in Microsoft Outlook, Word, Wall Street Office and Geneva * Experience preferred with PowerBI, Python, and other similar technology * Direct experience partnering with the business units to ensure operational efficiency and collaborative outcomes * Experience working with an outsource/offshore service provider * Experience working with custodian and agent banks * Understanding of basic accounting theories * Hedge fund, Credit or Private Equity experience is a plus General Requirements: * Extremely detailed oriented with a proven track record for accuracy * Ability and desire to work in a fast pace and dynamic environment often requiring fast solutions to complex problems * Display outstanding written and verbal communication and interpersonal skills. * A self-starter with excellent verbal and written communication skills * Strong control focus and ability to challenge streamline processes * Problem-solving mindset, willing to roll up the sleeves * Well organized, high attention to detail – role directly informs investment decisions * Ability to follow up and see issues to final resolution * Forward and proactive thinking and ability to find ways to prevent both cash and par breaks * Strong control focus and ability to challenge streamline processes Ability/Willingness to continuously develop and maintain “next-level” understanding of Ares business philosophy and activities **Reporting Relationships** **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. $170,000 - $190,000 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._