Associate, Credit, US Direct Lending

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

Benefits offered by this job

Comprehensive benefits

401(k) match

Health savings account

Parental leave

Life insurance

Disability insurance

EAP

Transit benefits

Education sponsorship

Financial planning

Job summary

Ares Management in New York seeks an Associate to support sourcing, underwriting and credit analysis of potential investments, assist in deal closings, and contribute to portfolio monitoring and investment monitoring.

You will build detailed Excel models, prepare investment memos and collaborate with senior teams on opportunities and ongoing portfolio management to drive value and prudent risk 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.
• 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

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

Financial analysis

Excel modeling

Investment analysis

PowerPoint

Communication

Team collaboration

Problem solving

Integrity

Education

Bachelor’s degree or international equivalent

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

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