Description
Summary:
The Ares Compliance Department oversees and manages Ares’ global regulatory compliance and ethics program. Under the leadership of the Chief Compliance and Regulatory Officer, the Compliance Department is comprised of functionally and business-aligned teams that operate collaboratively based on the Firm’s overall structure: Investment Adviser Compliance, which oversees implementation of global policies and procedures as well as Regulatory Reporting and Compliance testing; Marketing & Distribution Compliance, focusing on global marketing and investor relations, including compliance for Ares’ registered broker-dealers; Regulated Funds Compliance, which oversees the compliance for advised and sub-advised registered funds and public companies; Conflicts Management and Trade Surveillance Compliance, which administers the Code of Ethics, Control Room and trade surveillance program; Financial Crime Prevention, which administers Ares’ Global Anti-Money Laundering and Counter-Terrorism Financing Program; and Compliance Operations, which oversee the department’s operational and reporting functions with a focus on regulatory reporting and management of strategic initiatives; and the EMEA and APAC-based Compliance programs
Ares is seeking a knowledgeable, highly organized, and proactive Associate to join our Control Room within the Conflicts Management and Trade Surveillance Compliance team focused on information and conflicts management with respect to firm trading and investing. This Associate will actively participate in the management of daily processes, support departmental and team projects and build relationships with employees across the enterprise while ensuring compliance obligations are met.
Primary Functions & Essential Responsibilities:
1. Assist with the daily review of conflicts checks for incoming deals and with daily information management program activities.
2. Approve the execution of new opportunity NDAs by liaising with legal teams internally and for outside counterparties.
3. Execute wall crossing and market sounding process for new deals.
4. Maintain the firm’s restricted list and other conflicts monitoring lists.
5. Assist with the facilitation of Expert Network interactions.
6. Assess conflicts related to activities governed by the Firm’s Code of Ethics.
7. Update and maintain Compliance policies and procedures as needed.
8. Demonstrate a strong understanding of issuer/borrower hierarchy and research via Bloomberg.
9. Ensure proper operation of the Compliance Trading program, including clearing trade requests and liaising with Portfolio Compliance teams.
10. Assess conflicts of interest and participate in materiality analyses regarding MNPI, syndicate private and confidential information.
11. Perform internal process reviews and quality checks.
12. Support and initiate special projects and ad hoc tasks as required.
13. Escalate issues effectively and on a timely basis to the appropriate levels of management.
14. Participate in ongoing technological enhancements for the benefit of the Control Room and the Compliance department.
15. Assist with the global testing program.
Tech Skills:
16. Working knowledge of financial instruments including but not limited to: alternative and structured products, bank loans, high yield debt, equities, and real assets.
17. Knowledge of Bloomberg
18. Advanced Excel
19. Project Management
20. Time Management
Soft Skills:
21. Strong interpersonal, relationship-building and negotiation skills
22. Anticipates potential issues/opportunities and takes proactive measures
23. Excellent verbal and written skills
24. High level of intellectual curiosity
25. Collaborative team player
26. Comfortable in a fast-paced environment and managing multiple tasks at once
27. Ability to manage up
28. Analytical
29. Driven and self-directed
30. Highly organized
31. Ability to communicate effectively with all levels of management
32. Diplomacy
33. Client service oriented
34. Ability to see “big picture”
35. Positive attitude
36. Effective at conflict management
37. Sound judgment and able to act with discretion, particularly regarding confidential matters
Education:
38. Bachelor’s Degree Required or relevant qualification/s
Experience Required:
39. 4-8 years of experience at a global investment adviser or investment bank - Control Room and/or conflicts management experience required
40. Experience with credit-based strategies, private debt, private equity, real assets, and capital markets activities preferred
41. Familiarity with SEC regulations and MAR requirements
42. Analytical/ conflict management skills
43. Ability to work independently and interact effectively with all levels of management
44. Organizational skills and demonstrated ability to manage competing priorities
45. Experience partnering successfully with business and investment colleagues and aptitude for working effectively in a large organization and with institutional clients
46. Ability to maintain a professional demeanor in both routine and highly charged environments adapt responses appropriately to each situation
47. Experience working with an offshore service provider considered a plus
48. Maintain a strong commitment to quality and attention to detail, ensuring that the work product is delivered completed, accurately and on-time
Reporting Relationships
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.