Senior Associate, Private Credit Surveillance & CLO

Ares Management Corporation; New York (NY); On-site; USD 110,000 - 160,000; Full time

Benefits offered by this job

Comprehensive Medical/Rx, Dental and V

401(k) with company match

Flexible Savings Accounts (FSA)

Healthcare Savings Accounts (HSA) with

Life Insurance

Long-Term Disability (LTD) and Short-"

Employee Assistance Program (EAP)

Commuter Benefits plan for parking and

Job summary

Ares Management Corporation in New York seeks a highly motivated Senior Associate for the Structured Products Surveillance Team focusing on U.S. private credit.

The role supports monitoring private credit CLO portfolios, transaction surveillance, compliance testing, portfolio analytics and investor reporting. We value a bachelor’s in finance/related, 3–5 years in private credit or CLO surveillance, strong CLO knowledge, attention to detail and communication skills.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Information Systems or related field.
• 3–5 years of relevant experience in Private Credit, Direct Lending, CLO Surveillance, Structured Credit.
• Strong knowledge of CLO mechanics and documentation, including ratings and credit estimates.
• Strong attention to detail and organizational skills.
• Strong analytical and quantitative problem-solving abilities.
• Strong written and verbal communication capabilities.
• Team-oriented mindset with a proactive approach to problem solving.

Responsibilities

• Proactively monitor underlying private credit portfolios across multiple CLO transactions.
• Prepare regular portfolio surveillance reports for Portfolio Managers.
• Reconciliation of monthly Trustee reports and quarterly payment date reports and review for accuracy and completeness.
• Investigate and resolve discrepancies across reporting sources and transaction data.
• Monitor overcollateralization (OC) tests, concentration limitations, collateral quality tests and other structural requirements.
• Support new CLO issuances, refinancings, resets and amendment exercises.
• Assist with data requests related to CLOs for both internal portfolio management and external investors.
• Coordinate with legal counsel, trustees, fund accounting, operations and rating agencies on a regular basis.
• Support projects related to the strengthening of the global CLO platform which may include reporting enhancements, compliance workflows and automation initiatives.

Skills

Analytical thinking

Quantitative problem solving

Communication skills

Detail-oriented

Team player

Education

Bachelor’s degree in Finance, Economics, Mathematics, Information Systems or related field

Job description

Ares Management Corporation in New York seeks a highly motivated Senior Associate for the Structured Products Surveillance Team focusing on U.S. private credit.

The role supports monitoring private credit CLO portfolios, transaction surveillance, compliance testing, portfolio analytics and investor reporting. We value a bachelor’s in finance/related, 3–5 years in private credit or CLO surveillance, strong CLO knowledge, attention to detail and communication skills.