Ares Management Corporation
Associate Vice President, Conflicts Management and Trade Surveillance Compliance
Ares Management Corporation, Los Angeles, California, United States, 90079
Associate Vice President, Conflicts Management and Trade Surveillance Compliance
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 structure: Investment Adviser Compliance, Marketing & Distribution Compliance, Regulated Funds Compliance, Information Management and Trade Surveillance Compliance, Financial Crime Prevention, Compliance Operations, and regional programs in EMEA and APAC.
Ares is seeking a knowledgeable, highly organized, and proactive Associate to join our Information Management and Trade Surveillance Compliance team focused on conflicts management with respect to firm trading and investing. This Vice President 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.
Reporting relationships Reports to: Principal, Trade and Conflicts Compliance
Supervises: TBD
Primary Functions & Responsibilities
Oversee the daily review of firm-wide trading activities, including relevant conflicts checks related to deals and the firm’s restricted and other conflicts monitoring lists
Assist with portfolio compliance requirements related to trading for accounts
Facilitate the cross/principal transaction process in partnership with various stakeholders
Advise the CLO management team on compliance questions related to structuring and the redemption process
Advise investment teams with respect to ad hoc committee participation and attendant controls
Facilitate pre-trade controls related to 3rd party CLO investing
Assist with the oversight of trade allocations
Manage the best execution/ approved broker/ trade error/ cancel and correct processes with respect to firm trading
Update and maintain Compliance policies and procedures
Oversee the trading compliance technology suite and partner with IT and data teams to ensure proper data coverage
Demonstrate a strong understanding of issuer/borrower hierarchy, loan sales and trading/quotes, and research via Bloomberg
Partner with the Control Room team to ensure proper operation of the Compliance trading program
Oversee and analyze reporting and analytics generated by offshore team
Perform internal process reviews and quality checks
Support and initiate special projects and tasks as required
Escalate issues effectively and on a timely basis to the appropriate levels of management
Participate in ongoing technological enhancements for the benefit of the Compliance department
Assist with the global testing program
Qualifications Tech Skills
Working knowledge of financial instruments including but not limited to: alternative and structured products, bank loans, high yield debt, equities, and real assets.
Knowledge of Bloomberg
Advanced Excel
Project Management
Time Management
Soft Skills
Strong interpersonal, relationship-building and negotiation skills
Anticipates potential issues/opportunities and takes proactive measures
Excellent verbal and written skills
High level of intellectual curiosity
Collaborative team player
Comfortable in a fast-paced environment and managing multiple tasks at once
Ability to manage up
Analytical
Driven and self-directed
Highly organized
Ability to communicate effectively with all levels of management
Diplomacy
Client service oriented
Ability to see “big picture”
Positive attitude
Effective at conflict management
Sound judgment and able to act with discretion, particularly regarding confidential matters
Education Bachelor’s Degree Required
Experience Required
7+ years of experience at a global investment adviser or investment bank - Control Room and/or conflicts management experience required
Experience with credit-based strategies, including private equity, private debt and equity, and capital markets activities
Familiarity with SEC regulatory review and interpretation of regulations
Analytical report generation/creation
Ability to work independently and interact effectively with all levels of management
Organizational skills and demonstrated ability to manage competing priorities
Experience partnering successfully with business and investment colleagues and aptitude for working effectively in a large organization and with institutional clients
Ability to maintain a professional demeanor in both routine and highly charged environments and adapt responses appropriately
Experience working with an offshore service provider considered a plus
Maintain a strong commitment to quality and attention to detail, ensuring that the work product is delivered completed, accurately and on-time
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.
$145,000-$185,000
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.
Seniority level: Executive
Employment type: Full-time
Job function: Other
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Ares is seeking a knowledgeable, highly organized, and proactive Associate to join our Information Management and Trade Surveillance Compliance team focused on conflicts management with respect to firm trading and investing. This Vice President 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.
Reporting relationships Reports to: Principal, Trade and Conflicts Compliance
Supervises: TBD
Primary Functions & Responsibilities
Oversee the daily review of firm-wide trading activities, including relevant conflicts checks related to deals and the firm’s restricted and other conflicts monitoring lists
Assist with portfolio compliance requirements related to trading for accounts
Facilitate the cross/principal transaction process in partnership with various stakeholders
Advise the CLO management team on compliance questions related to structuring and the redemption process
Advise investment teams with respect to ad hoc committee participation and attendant controls
Facilitate pre-trade controls related to 3rd party CLO investing
Assist with the oversight of trade allocations
Manage the best execution/ approved broker/ trade error/ cancel and correct processes with respect to firm trading
Update and maintain Compliance policies and procedures
Oversee the trading compliance technology suite and partner with IT and data teams to ensure proper data coverage
Demonstrate a strong understanding of issuer/borrower hierarchy, loan sales and trading/quotes, and research via Bloomberg
Partner with the Control Room team to ensure proper operation of the Compliance trading program
Oversee and analyze reporting and analytics generated by offshore team
Perform internal process reviews and quality checks
Support and initiate special projects and tasks as required
Escalate issues effectively and on a timely basis to the appropriate levels of management
Participate in ongoing technological enhancements for the benefit of the Compliance department
Assist with the global testing program
Qualifications Tech Skills
Working knowledge of financial instruments including but not limited to: alternative and structured products, bank loans, high yield debt, equities, and real assets.
Knowledge of Bloomberg
Advanced Excel
Project Management
Time Management
Soft Skills
Strong interpersonal, relationship-building and negotiation skills
Anticipates potential issues/opportunities and takes proactive measures
Excellent verbal and written skills
High level of intellectual curiosity
Collaborative team player
Comfortable in a fast-paced environment and managing multiple tasks at once
Ability to manage up
Analytical
Driven and self-directed
Highly organized
Ability to communicate effectively with all levels of management
Diplomacy
Client service oriented
Ability to see “big picture”
Positive attitude
Effective at conflict management
Sound judgment and able to act with discretion, particularly regarding confidential matters
Education Bachelor’s Degree Required
Experience Required
7+ years of experience at a global investment adviser or investment bank - Control Room and/or conflicts management experience required
Experience with credit-based strategies, including private equity, private debt and equity, and capital markets activities
Familiarity with SEC regulatory review and interpretation of regulations
Analytical report generation/creation
Ability to work independently and interact effectively with all levels of management
Organizational skills and demonstrated ability to manage competing priorities
Experience partnering successfully with business and investment colleagues and aptitude for working effectively in a large organization and with institutional clients
Ability to maintain a professional demeanor in both routine and highly charged environments and adapt responses appropriately
Experience working with an offshore service provider considered a plus
Maintain a strong commitment to quality and attention to detail, ensuring that the work product is delivered completed, accurately and on-time
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.
$145,000-$185,000
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.
Seniority level: Executive
Employment type: Full-time
Job function: Other
#J-18808-Ljbffr