Senior Associate, Investment Operations

Ares Management; Los Angeles (CA); Sur place; USD 130 000 - 150 000; Plein temps

Avantages offerts par ce poste

Medical plans

401(k) with company match

Flexible Spending Accounts (FSA)

Résumé du poste

Ares Management LLC is seeking a Senior Associate in Los Angeles or New York for the Investment Operations team. You will serve as a senior escalation point for complex cash, par, and non-custody reconciliations, driving cross-functional resolution and improvements across funds and products.

The role requires technical judgment and the ability to influence stakeholders while guiding junior team members. The candidate will partner with Technology and business stakeholders to implement scalable

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, or related field.
• 6-10 years of investment operations experience with reconciliation, fund accounting, middle office, custody, or related functions.
• Experience resolving complex operational exceptions and influencing stakeholders.

Responsabilités

• Serve as a senior escalation point for complex cash, par, and non-custody breaks across funds, portfolios, and products.
• Drive resolution through root-cause analysis, ownership, and cross-functional coordination.
• Review and challenge fund administrator, custodian bank, and service-provider processing where results are incomplete or inconsistent.
• Assess transaction, accounting, reference-data, and system issues and communicate operational risks and actions.
• Prioritize high-risk exceptions and escalate with complete supporting evidence.
• Analyze KPIs to identify trends across break volumes, aging, and root causes.

Connaissances

Reconciliation experience

Financial analysis

Stakeholder influence

Python

SQL

Power BI

Excel

Communication

Data quality

Formation

Bachelor's degree in Finance/Accounting

Outils

Geneva

Wall Street Office

Power BI

Python

SQL

Excel

Description du poste

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.

Summary

Job Description

Ares is looking for a Senior Associate to join the Los Angeles or New York based Investment Operations team. This role reports to the Investment Operations - Reconciliation Team. The candidate will serve as a senior escalation point for complex cash, par, and non-custody reconciliation matters, drive cross-functional resolution, analyze trends and operational impact, and lead selected process, control, and technology improvements. The role includes challenging administrator and custodian processing, supporting relationship management, guiding junior team members, and helping strengthen the reconciliation platform. The ideal candidate is an experienced self-starter with strong technical judgment, stakeholder influence, and a practical solutioning mindset.

Primary Functions & Responsibilities

• Serve as a senior escalation point for complex, aged, or recurring cash, par, and non-custody breaks across assigned funds, portfolios, and products.
• Drive resolution through detailed root-cause analysis, impact assessment, clear ownership, and cross-functional coordination.
• Review and challenge fund administrator, custodian bank, paying agent, and service-provider processing where results are incomplete, inconsistent, or unsupported.
• Assess transaction, accounting, reference-data, and system issues and communicate operational risk, required actions, and expected resolution paths.
• Prioritize high-risk exceptions and ensure material concerns are escalated promptly with complete supporting evidence.
• Analyze daily, weekly, monthly, and quarterly KPIs to identify trends across break volumes, aging, root causes, products, portfolios, and service providers.
• Evaluate reconciliation processes and controls, identify systemic weaknesses, and recommend improvements that strengthen governance, accuracy, and operational resilience.
• Lead selected remediation, automation, workflow redesign, data-quality, platform enhancement, testing, migration, and onboarding workstreams.
• Partner with Technology and business stakeholders to define requirements, validate results, and support implementation of scalable solutions.
• Provide reconciliation expertise for new funds, portfolios, products, administrators, custodians, and business initiatives.
• Build effective relationships with Portfolio Management, Fund Administration, Treasury, Finance, Technology, Operations, custodians, agent banks, and other service providers.
• Provide day-to-day guidance, quality review, and knowledge-sharing to Analysts and Associates and help promote accountability and consistent execution.
• Support internal and external audits, risk assessments, regulatory inquiries, and governance reporting.

Qualifications

Education

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related field.

Experience Required

• 6-10 years of relevant investment management operations experience, with emphasis on reconciliation, fund accounting, middle office, custody, or related functions.

General Requirements

• 6-10 years of relevant experience in investment operations, fund accounting, reconciliation, middle office, custody, or a related control function.
• Strong knowledge of reconciliation processes, the investment transaction lifecycle, operational controls, and escalation practices.
• Experience resolving complex operational exceptions and influencing stakeholders across business, operations, technology, and external service providers.
• Strong knowledge of credit and fixed income products, including bank debt; familiarity with derivatives, foreign exchange, private credit, private equity, or other alternative investments is beneficial.
• Proficiency in Microsoft Outlook, Word, and Excel; experience with Geneva, Wall Street Office, Power BI, Python, SQL, workflow tools, or reconciliation platforms is beneficial.
• Experience identifying systemic issues and delivering process, control, data, automation, or technology improvements.
• Experience working with custodian banks, paying agents, third-party administrators, and outsourced or offshore service providers.
• Strong analytical judgment and ability to translate detailed findings into clear risks, decisions, and actions.
• Strong written and verbal communication skills, including the ability to present complex issues to senior stakeholders.
• Ability to guide junior team members and promote consistent execution without relying on formal authority.

Reporting Relationships

Principal, Investment Operations - Global Head of Reconciliations

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 - $150,000

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.