Ares Management

Senior Associate, US Direct Lending

7 days ago

PayCompetitive
LocationNew York/New York
Employment typeFull-Time

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  • Job Description

      Req#: R6355

      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

      We are currently seeking a candidate for the position of Senior Associate within our Direct Lending Group in New York City. Strong analytical and interpersonal skills as well as the ability to work well with limited supervision are of critical importance. This position presents candidates with a unique opportunity to join a growing group that offers significant exposure to all phases of the investment process. The Senior Associate will provide support for the sourcing, underwriting and credit analysis of potential new investments, assist in deal closings and be involved in post-closing portfolio management and investment monitoring.

      PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES:

      The Senior Associate will provide support for the sourcing, underwriting and credit analysis of potential new investments, assist in deal closings and be involved in post-closing portfolio management and investment monitoring.

      Key responsibilities include:

      • Performing detailed financial and market research and analysis that forms the basis for decisions on new debt and/or equity investments of the firm
      • Screening new investment opportunities
      • Preparing various complex Excel financial models including cash flow analysis, debt sizing and structuring
      • Preparing and presenting investment committee memos
      • Preparing presentations and pitches for internal and external use
      • Analyzing investment performance including maintaining and updating investment valuations and financial models as well as keeping track of relevant current market activities
      • Assisting in negotiating and preparing the legal documentation
      • Leading investment closings
      • Meeting with management teams and sponsors when assessing new investment opportunities Additional duties include providing direct support as deemed necessary by senior management
      • Managing a substantial portfolio

      QUALIFICATIONS:

      • Bachelor’s degree or international equivalent
      • Strong intellect with excellent quantitative, financial and analytical skills.
      • 4-5 years of relevant experience from Investment Banking, Private Equity or Credit
      • Experience in Leveraged Finance or Private Credit preferred

      Skills/Abilities:

      • Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment
      • Creative problem solver
      • Good team player
      • Exceptional interpersonal skills
      • Impeccable integrity and trustworthiness
      • Advanced MS Excel modelling skills
      • Advanced MS PowerPoint skills

      Reporting Relationships

      Partner, Credit

      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.

      $170,000.00 - $200,000.00

      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.

  • About the company

      Ares Management Corporation is an American global alternative investment manager operating in the credit, private equity and real estate markets.
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