What are the responsibilities and job description for the VP, Portfolio Analytics position at Ares Management?
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 Ares Secondaries team specializes in secondary market transactions of private equity, real estate, infrastructure, and credit investments with AUM of approximately $27 billion as of September 30, 2024. The Portfolio Analytics team is currently looking to hire a Vice President focusing on Credit funds to join our dynamic Finance team of approximately 50 professionals located in our New York, NY, Boston, MA or West Hartford, CT locations.
The Vice President will engage with key team members, including Credit Secondaries Deal Team, Portfolio Management, Capital Markets, Legal, Compliance, Accounting, and Investor Relations. The candidate will be expected to understand complex fund structures and terms, private credit data and reporting, basic partnership accounting, and both fund level and underlying company performance metrics. The ideal candidate will possess credit experience alongside strong leadership and business stakeholder relationship skills. This role will require a dynamic, adaptive, and agile hands-on professional who will be capable of ensuring optimal processes in a fast-paced rapidly growing environment.
Specific responsibilities include, but are not limited to:
- Review and understand complex fund terms, vehicles, and structures
- Work with investment professionals to assist in deal closings and allocations across funds, as well as support ongoing Credit portfolio construction and monitoring
- Perform detailed review of quarterly investment report valuations, including diversification metrics as well as valuation gains and losses
- Review and summarize credit fund investments including key metrics (e.g. EBITDA, leverage) through analysis of quarterly financials and loan tapes
- Liaise with underlying fund investment managers regarding fund updates and performance and coordinate fund amendments/consents with deal team
- Review or prepare documentation for quarterly investor reports, as well as performance returns at a portfolio and fund level (e.g. TWR, IRR, Multiples, Yield, LTV)
- Supervise and develop staff at all subordinate levels with demonstrated ability to work with others through challenges and career development while providing ongoing training and feedback
- Regularly review effectiveness of current processes and workflow, while proposing and implementing improvements
- Review data and provide guidance to Investor Relations as part of investor presentations and fundraising requests
Qualifications:
Education:
- Minimum of a B.S. degree in Finance, Economics, or Accounting
- MBA, CFA, or CPA is a plus
Experience Required:
- 10 years of related financial experience is required
- 4 years of experience working in private credit or related credit experience required
- Advanced computer skills including Microsoft Office, eFront Software is a plus
General Requirements:
- Solid management team skills including staff development
- Strong relationship building skills with internal business clients
- Strong sense of ownership and accountability
- High accuracy and detail orientation
- Organizational skills, demonstrated ability to manage competing priorities and deliverables
- Ability to work independently within a fast-paced environment with a hands-on approach
- Dependable, great attitude, highly motivated and a team player
Reporting Relationships
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.
$170,000 - $210,000
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.
Salary : $170,000 - $210,000
