What are the responsibilities and job description for the Analyst, Ares Real Estate Exchange position at Ares Operations LLC?
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
About Ares Wealth Management Solutions (AWMS)
Ares Wealth Management Solutions (AWMS) oversees the product development, distribution, marketing, and client management activities of investment offerings for the global wealth management channel. With a team of more than 140 professionals and backed by the power and scale of the Ares platform, AWMS represents one of the most resourced wealth distribution and client service teams in the alternatives industry. AWMS’ mission is to provide advisors and their clients access to innovative, solutions-oriented investment opportunities, across the Ares platform of industry leading credit, private equity, real estate, and secondaries strategies. Through our range of institutional and retail structures, coupled with excellent client service and educational resources, we help investors diversify their portfolios with private market solutions that can deliver consistent, long-term growth.
Position Summary
This Analyst will be part of a team that is responsible for structuring, marketing, and selling private placement offerings of fractional interests in real property to our high-net-worth Investor clients. The average investor transaction is over $1.5 million, and each offering ranges $100-$400 million in size. This role will be responsible for underwriting loans for our Ares Real Estate Exchange (AREX) loan program. Other responsibilities include working with the REIT portfolio management team to select REIT assets for use in the AREX 1031 exchange program, ordering and reviewing property due diligence reports, preparation of offering materials, coordination with the asset management team, preparation of investor relations materials, Board presentation preparation, sales reporting/analysis, as well as sales forecasting, and other support to senior management. Responsibilities are broad and vary, and such responsibilities directly affect the key operations and success of the business.
Essential Job Duties
- Analyze financial statements, tax returns, credit reports, and other related materials of potential investors in order to prepare and present detailed loan underwritings to the AREX Loan Committee consisting of internal counsel and the CFOs of our two private REITs
- Work with the AREX team, as well as the REIT team, legal team and outside counsel, to prepare AREX offering documents, marketing materials and investor relations materials, which will include concise, accurate presentation of numerical data, well-written property descriptions, careful editing and excellent attention to detail
- Prepare yield and cash flow models used to analyze returns for investors and REIT
- Analytical support for the AREX sales team, as needed
- Support the preparation of slide decks for presentations to the Board of Directors seeking various required approvals related to AREX Offerings
- Support the Head of AREX with data analysis, market/competitor research, generation and management of Salesforce reporting and other sales/marketing tasks
Required Knowledge, Skills & Abilities
- 1 years of relevant professional experience in an investment product company serving high net worth investors is preferred, experience with commercial real estate investments a plus
- Strong Excel and Word skills, as well as experience with Salesforce or similar CRM
- Excellent written and verbal communication skills
- Positive attitude, proactive, collaborative, strong problem-solver, self-motivated and team-oriented; ability to exercise discretion and independent judgement
- Ability to handle sensitive and confidential information
- Bachelor’s degree in business or other BA or BS with strong analytical component
- Ability to work independently and successfully manage multiple time sensitive projects
Reporting Relationships
Senior Associate, Exchange ServicesCompensation
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.
$70,000 - $85,000
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 : $70,000 - $85,000
