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Senior Associate, Middle Office
Senior Associate, Middle OfficeAres Management • New York, NY, US
Senior Associate, Middle Office

Senior Associate, Middle Office

Ares Management • New York, NY, US
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Senior Associate, U.S. Direct Lending Middle Office

The Investment Operations group within a prestigious credit investment manager is seeking a self-starting, collaborative Senior Associate to join our U.S. Direct Lending Middle Office team. This position will focus on providing operational business support to cross-functional teams within the U.S. Direct Lending strategy, as well as work on strategic projects and initiatives to enhance the efficiency and scale of the operation.

Primary Functions & Essential Responsibilities

Manage the Deal Closing process from a Middle Office perspective for all U.S. Direct Lending investments & activity to ensure timely execution, funding, and accurate reflection of transactions across all internal platforms.

Responsible for reviewing draft credit documentation, liaising with external Administrative Agent services, advising on Funds Flow mechanics, and ensuring all Deal Closing requirements are complete in a timely manner.

Assist in tracking pipeline of upcoming investment activity and ensure all operational functions are executed in a timely manner.

Participate in major cross-functional projects to drive change and efficiency by utilizing automation and technology enhancements.

Provide general operational support for U.S. Direct Lending including OMS trade support, wire entry, data management, loan amendments, restructures, cash and position discrepancies, new fund / account launches, etc.

Work closely with cross-functional teams including Investment Teams, Capital Markets, Accounting, Compliance, Investor Relations, Legal, Operations, Technology, 3rd party Service Providers, etc. to create a Center of Excellence for U.S. Direct Lending Operations.

Qualifications

Education :

  • B.S. / B.A in Finance, Accounting, or other business-related field

Experience Required :

  • 4-8 years bank loan / credit operations experience
  • Strong knowledge of Private Credit / Direct Lending preferred
  • Ability to multi-task and prioritize work in a fast paced environment
  • Ability to interact and communicate effectively with investment professionals
  • Knowledge of Hazeltree, IVP, ClearPar, Wall Street Office (WSO), Allvue Order Management System (OMS) and / or Advent Geneva strongly preferred
  • Commitment to teamwork and initiative to problem solve and think outside the box
  • Experience reviewing loan documents (Credit Agreements, Amendments, etc.) for key terms, data points and operational nuances

    • General Requirements :

  • Self-motivated and proactive team player who takes ownership and accountability of assigned tasks
  • Excellent organization, attention to detail and time management skills with ability to prioritize work and function with minimal guidance
  • Ability to think critically to challenge the norm and propose new ideas and solutions
  • Effective articulation with written and oral communication skills
  • Excellent interpersonal skills with the ability to build and maintain relationships
  • Strong proficiency in MS Office applications including Excel, Word, and Outlook

    • Reporting Relationships Vice President, Middle Office

    Compensation

    $130,000 - $150,000

    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.

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    Middle Office Associate • New York, NY, US