Associate, Asset Management, Alternative Credit

Alternative Credit Associate

Ares is a leading participant in the global asset-based finance markets with approximately $45.9 billion of assets under management ("AUM") invested across multiple actively managed funds as of March 31, 2025. The Alt Credit Team today comprises over 80 investment professionals located primarily in three Ares offices : New York City, Atlanta, and London.

Ares' Alt Credit platform employs strategies that are asset-focused, making investments backed by assets and contractual cash flows such as loans, leases, and receivables. Alt Credit fills gaps in the capital markets between credit, private equity, and real estate. They invest across the spectrum of liquid and illiquid opportunities that include various specialty finance sectors, net leases, structured products, cash flow streams (e.g., royalties, licensing, management fees), and other asset types. Alt Credit has a broad range of sub-strategies designed to be client-focused and solutions-based with three main formats : pure play, customized, and flagship funds.

Ares is currently searching for a highly motivated, detail-oriented team player to join as an Associate on the Alternative Credit ("Alt Credit") Team in the New York or Atlanta office, focused on Asset Management.

The position will be responsible for monitoring and on-going surveillance of Alternative Credit portfolio investments, developing and running complex discounted cash flow models, monitoring and reporting on various portfolio-level metrics, providing assistance to deal teams with assigned investments, and general asset management including fundings, settlements, valuation, and reporting.

Primary Functions and Essential Responsibilities :

• Monitor the portfolio of private investments.
• Provide support to deal teams with assigned investments.
• General asset management including confirming fundings, processing monthly settlements, valuation, and other asset-level reporting.
• Frequent communication with portfolio companies.
• Develop and run complex models for valuation and reporting purposes.
• Perform mark-to-market valuations.
• Analyzing asset-level trends and metrics.

Qualifications :

General Requirements :

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.

$120,000.00 - $145,000.00

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.