Associate, Alternative Credit

Ares Management Corporation; New York (NY); On-site; USD 130,000 - 175,000; Full time

Benefits offered by this job

Medical Insurance

401(k) with company match

FSA/HSA with company contribution

Life Insurance

Disability Insurance

Employee Assistance Program

Job summary

Ares Management Corporation is seeking a qualified finance professional to join the Credit team in a role focused on assessing investments, underwriting risk, and supporting the investment process from due diligence through to decision making.

The position requires strong financial modeling, research skills, and experience with asset finance and structured products. The role reports to the Partner, Credit and offers competitive compensation and a broad benefits package.

Qualifications

• Superior academic achievement at a top tier undergraduate program is required.
• 3+ years of finance experience with direct exposure to asset finance, corporate credit and structured products.
• Prior buyside experience or financial institutions group (FIG) / securitization / structured credit investment banking experience is strongly preferred.

Responsibilities

• Financial modeling & analysis: underwrite investments using cashflow projections and scenario analyses.
• Due diligence: assist deal team through diligence and closing; collect materials and coordinate with third parties.
• Research: perform company- and industry-specific research for opportunities.
• Investment recommendations: help prepare Investment Committee memos with analysis and materials for decision making.
• Portfolio management: support asset management and contribute to investment process improvements.

Skills

Financial modeling

Due diligence

Investment analysis

Research

Communication

Education

Bachelor's degree (undergraduate)

Job description

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.

Ares Alternative Credit focuses on asset-based finance (ABF) and tactical asset investing opportunities beyond traditional markets, such as corporate debt, real estate and private equity. This strategy seeks opportunities in large, diversified portfolios, including specialty finance, lender finance, equipment leasing, structured products, net lease, cash-flow streams (e.g., royalties, licensing, management fees) and other asset-focused investments. As of March 31, 2026 (and inclusive of Q2 capital raises), Ares Alternative Credit managed approximately $57.3 billion in assets, Ares is a co-founder of the Promote Giving initiative (www.promotegiving.org) and at least 5-10% of the promote (carried interest and incentive fee) profits of Alternative Credit's flagship Pathfinder family of funds have been pledged to be donated to global health and education charitable organizations.

Primary functions and responsibilities:

• Financial Modeling & Analysis: Thoroughly analyze and underwrite potential investments including reviews of historical financials, development of cashflow projection models and investment analyses. Apply various qualitative and quantitative methods, including data analysis and scenario analysis, to assess the relative risk and relative value of potential investments.
• Due Diligence: Support the deal team throughout the transaction due diligence and closing processes. Collect due diligence materials, utilize information and findings to adjust the underwriting of investments, and coordinate with third party diligence providers to facilitate the review and closing of transactions.
• Research: Support investment team by performing company-specific and industry research for each investment opportunity.
• Investment Recommendation: Assist in the development of Investment Committee memos and supporting analysis; ensure the quality, completeness and accuracy of the analysis that precedes investment recommendations as well as manage the overall delivery of associated materials required for decision making.
• Portfolio Management: Work with the asset management team to provide support to and oversight of certain investments in the portfolio Contribute to various Team projects to further strengthen or enhance our investment process.

Qualifications:

• Superior academic achievement at a top tier undergraduate program is required.
• 3+ years of finance experience with direct exposure to asset finance, corporate credit and structured products.
• Prior buyside experience or financial institutions group (FIG) / securitization / structured credit investment banking experience is strongly preferred.
• Sophisticated financial modeling and analytical capabilities.
• Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment.
• Strong verbal and written communication skills that demonstrate an ability to articulate a clear, concise analysis of investment risk and relative value.
• Evidence of intellectual curiosity, creative problem-solving skills, and adaptability.

Reporting Relationships Partner, Credit 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. $130,000.00 - $175,000.00

Benefits

• 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)
• Commuter Benefits plan for parking and transit
• access to a world-class medical advisory team
• mental health app that includes coaching, therapy and psychiatry
• 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
• 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.

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2026, Ares Management's global platform had approximately $671 billion of assets under management(1) with more than 4,400 employees operating across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

Ares Management LLC (together with its related operating and administrative subsidiaries, "Ares Management") is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. (1) As of June 30, 2026. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.