What are the responsibilities and job description for the Senior Associate, Compliance Operations (Project Management) 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
The Ares Compliance Department oversees and manages Ares’ global regulatory compliance and ethics program. Under the leadership of the Global Chief Compliance Officer, the Compliance Department is comprised of functionally and business-aligned teams that operate collaboratively based on the Firm’s overall structure: Regulatory & Marketing, which oversees implementation of investment management policies across all of Ares’ regulated entities and business lines and focuses on global marketing and investor relations; Trading & Conflicts, which oversees transactional and conflict management teams; Corporate Compliance, which administers global policies and central compliance functions, including operation of the Code of Conduct and testing of the compliance program; AML-CTF, which develops and administers Ares’ Global Anti-Money Laundering and Counter-Terrorism Financing Program; and Compliance Operations, which prepares or oversees regulatory filings and oversees the department’s operational and reporting functions with a focus on regulatory reporting and management of strategic initiatives.
The Ares Compliance Department is currently seeking a talented professional to partner and support the Head of Compliance operations with setting, planning and executing on strategic priorities across the Regulatory and Compliance program. This individual will be responsible for collaborating with the senior leadership Regulatory and Compliance team to determine and prioritize business strategies, improve current processes and coordinate organizational procedures for optimized efficiency and productivity while leading program management and initiative implementation efforts. The ideal candidate will have consulting experience with a focus on operations management and proven success in a business/project management role. 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.
PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES
Support the Head of Compliance Operations and partner with Compliance Leadership team by providing project management and execution support to achieve the strategic objectives of the group overall
Bring a holistic perspective to all Compliance processes, assessing activities across Compliance and ensuring that workflows and processes are being established with consistency and broad best interests in mind; improve current processes and coordinate organizational procedures for optimized efficiency and productivity
With respect to project management: ensure allocation of resources in accordance to priority; track and report project status as appropriate and provide full transparency on actions, budgets and results
Evaluate effectiveness of current Compliance processes and workflows and re-engineer such processes as needed to bring improved efficiency and/or accountability
Work in partnership with all Compliance Functional Leads to catalog and ensure that all core processes and department procedures are documented and kept up-to-date
• Ensure that processes and controls meet regulatory requirements
• Draft and review internal and external communications pertaining to Compliance-related materials; draft teamwide communications, reports, presentations, etc.
Manage and facilitate departmental and cross-departmental meeting preparation and follow-up by managing agenda/document preparation, ensuring materials are sent in advance and objectives are achieved
Assist in planning teamwide meetings, town halls, and other special events
Assist the Compliance Leadership and HR team with new hires, including documentation and onboarding, training, etc.
Create and maintain cross-departmental relationships to enable leadership and team success
QUALIFICATIONS
Education:
Bachelor’s degree required
Experience Required:
Minimum of 5-8 years of experience in a business management and strategic role
Previous experience and financial industry knowledge preferred
Experience in consulting with a focus on operations and business management
Experience with project management
Experience with data analysis
Experience with budget management Expert in Microsoft Office Suite and other office software products; Excel & PowerPoint required
Reporting Relationships
Head of Compliance OperationsCompensation
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.
$120,000-$140,000
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 : $120,000 - $140,000
