Associate, Credit, US Direct Lending

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

Benefits offered by this job

Comprehensive Medical/Rx

Dental and Vision plans

401(k) with company match

HSA with company contribution

Life Insurance

Disability insurance

Employee Assistance Program (EAP)

Commuter Benefits

Job summary

Ares Management Corporation is seeking an Associate to support sourcing, underwriting and credit analysis of potential investments, assist in deal closings and participate in portfolio monitoring.

You will perform financial and market analyses, build complex Excel models, prepare investment memos and contribute to quarterly reports while collaborating with management teams and sponsors in a dynamic fixed income and private markets environment.

Qualifications

• Bachelor’s degree or international equivalent required.
• Minimum of 1.5 years of relevant investment banking or principal investing experience by the start date.
• Strong intellect with solid quantitative, financial and analytical skills.
• Advanced MS Excel modeling skills (v-lookup, macros, pivot tables) and MS PowerPoint skills.
• Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment.
• Creative problem solver.
• Exceptional interpersonal skills.
• Impeccable integrity and trustworthiness.

Responsibilities

• Performing detailed financial and market analysis that forms the basis for decisions on new debt and/or equity investments of the firm.
• Screening new investment opportunities.
• Preparing various complex excel financial models including cash flow analysis, debt sizing and structuring.
• Preparing investment committee memos.
• Analyzing investment performance including maintaining and updating investment valuations and financial models as well as keeping track of relevant current market activities.
• Preparing quarterly portfolio reports summarizing changes in performance and updating forecasts.
• Assisting in investment closings.
• Meeting with management teams and sponsors when assessing new investment opportunities and monitoring the existing portfolio.
• Additional duties include providing direct support as deemed necessary by senior management.

Skills

Quantitative skills

Analytical skills

Interpersonal skills

Integrity

Creative problem solving

Self-motivated

Team collaboration

Fast-paced environment

Education

Bachelor's degree

Tools

MS Excel

MS PowerPoint

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 Associate will provide support for the sourcing, underwriting and credit analysis of potential new investments, assist in deal closings and be involved in post-closing portfolio management and investment monitoring.

Key Responsibilities

• Performing detailed financial and market analysis that forms the basis for decisions on new debt and/or equity investments of the firm

• Screening new investment opportunities

• Preparing various complex excel financial models including cash flow analysis, debt sizing and structuring

• Preparing investment committee memos

• Analyzing investment performance including maintaining and updating investment valuations and financial models as well as keeping track of relevant current market activities

• Preparing quarterly portfolio reports summarizing changes in performance and updating forecasts

• Assisting in investment closings

• Meeting with management teams and sponsors when assessing new investment opportunities and monitoring the existing portfolio

• Additional duties include providing direct support as deemed necessary by senior management

Qualifications

• Bachelor’s degree or international equivalent required

• Minimum of 1.5 years of relevant investment banking or principal investing experience by the start date

• Strong intellect with solid quantitative, financial and analytical skills

• Advanced MS Excel modeling skills (v-lookup, macros, pivot tables) and MS PowerPoint skills

• Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment.

• Creative problem solver.

• Exceptional interpersonal skills.

• Impeccable integrity andtrustworthiness

Reporting Relationships

Principal, Credit, US Direct Lending

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

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.