Associate Vice President, Investment Adviser Compliance (Enterprise)

Ares Management; New York (NY); On-site; USD 120,000 - 170,000; Full time

Job summary

Ares Management is seeking a seasoned Compliance professional to lead and advance the firm's investment adviser compliance program. You will collaborate with Legal & Compliance, Finance, Technology and Strategy teams to strengthen controls, policies and data capabilities.

The ideal candidate brings extensive SEC regulatory knowledge and a proactive, entrepreneurial approach to managing evolving regulatory requirements in a fast-paced firm.

Qualifications

• 7+ years of experience in compliance, audit, financial reporting and analysis, or related functions.
• Strong understanding of SEC regulations and requirements, particularly relating to financial reporting, regulatory reporting, and investment adviser.

Responsibilities

• Actively engage departmental senior leadership and other Compliance colleagues to drive key initiatives across the Investment Adviser Compliance function.
• Partner across Compliance, Regulatory Reporting, Finance & Accounting, Technology and other functions to advance data capabilities, systems, workflows and strategies.
• Drive key initiatives supporting the robustness of the firm's SEC and CFTC compliance programs considering emerging regulatory trends and business requirements.
• Provide consistent and ongoing Compliance guidance to the business; partner with and advise the respective Compliance leads and their client groups on regulatory policies and procedures, including detecting and mitigating conflicts of interest; provide trends and analyses relating to Compliance activities.
• Partner with Compliance colleagues to advise key business stakeholders on maintaining and updating applicable compliance policies, procedures and related processes.
• Support governance activities related to valuation, reporting, management fee calculations and expense allocation, plus other finance/regulatory initiatives.
• Identify and advance practical applications of emerging technology, including Generative AI, to enhance efficiency, quality and scalability of compliance processes.
• Demonstrate initiative and creativity in identifying and proposing ideas to business contacts, senior leaders and Compliance leadership.
• Develop and broaden effective working relationships across the organization and within the Compliance Department.
• Identify potential areas of vulnerability and risk and elevate findings with recommendations to senior leadership.

Skills

Compliance experience

Regulatory reporting

Financial reporting

SEC regulations

Cross-functional collaboration

Education

B.S./B.A. in Business

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' Legal & Compliance Department oversees the Firm's global Legal, Regulatory and Compliance functions and programs. Under the leadership of the Chief Compliance and Regulatory Officer, the Compliance and Regulatory functions are comprised of teams that operate collaboratively with a global focus, including Regulatory, which oversees global regulatory matters relating to the Investment Advisers Act of 1940, Investment Company Act of 1940 and other regulatory regimes.

Ares is seeking a talented professional to join our Compliance team to serve as a key team member to drive the creation, enhancement and management of key portions of the Firm's compliance program. In this role, you will provide guidance to business teams and other partners such as technology, finance and accounting, and corporate strategy. Acting in partnership with other professionals across Legal & Compliance, you will drive initiatives that support and enable the strategic direction of the business, and that are designed to identify opportunities to enhance program effectiveness and mitigate compliance risks.

The ideal candidate will possess a strong background in investment adviser compliance and other relevant areas, with experience in finance, accounting and/or regulatory reporting viewed as particularly valuable. They will have a proven track record of operating with rigor, trustworthiness and entrepreneurship within the context of an evolving regulatory and business landscape. They will also demonstrate an ability to operate within a dynamic and fast-changing environment, fostering and maintaining relationships across the firm's various functional groups to ensure the continued enhancement and success of the business along with its governance and compliance framework.

Primary Functions & Responsibilities

• Actively engage departmental senior leadership and other Compliance colleagues to drive key initiatives across the Investment Adviser Compliance function.
• Partner across Compliance, Regulatory Reporting, Finance & Accounting, Technology and other functions to advance data capabilities, systems, workflows and other initiatives that contribute to the formation and achievement of the enterprise-wide data strategy.
• Drive key initiatives supporting the robustness of the firm's SEC and CFTC compliance programs considering emerging regulatory trends and business requirements.
• Provide consistent and ongoing Compliance guidance to the business; partner with and advise the respective Compliance leads and their client groups on regulatory policies and procedures, including those that are designed to detect and mitigate potential conflicts of interest; and proactively provide trends and analyses relating to Compliance-related activities.
• Partner with Compliance colleagues to advise key business stakeholders, including Finance & Accounting and relevant investment groups, on maintaining and updating applicable compliance policies, procedures and related processes.
• Support the firm's key governance activities related to valuation, reporting, management fee calculations and expense allocation in addition to other finance and accounting-adjacent regulatory initiatives, as well as other areas as needed.
• Identify and help advance practical applications of emerging technology, including Generative AI, to enhance the efficiency, quality and scalability of role-relevant Compliance processes, acting in partnership with the Compliance Strategy team, Technology and other stakeholders, and operating within the context of appropriate risk management and governance.
• Demonstrate initiative and creativity in independently identifying and recommending ideas and solutions to business contacts, senior leaders and Compliance leadership.
• Develop, maintain and broaden effective working relationships across the organization and within the Compliance Department.
• Identify potential areas of vulnerability and risk and elevate key findings along with recommendations to senior leadership.

Qualifications

Education: B.S./B.A. degree in Business (or other related degree programs)

• 7+ years of experience in compliance, audit, financial reporting and analysis, or other related functions.
• A strong understanding of relevant SEC regulations and requirements, particularly those relating to financial reporting, regulatory reporting, and investment adviser