Job Description
Ares is seeking an Associate Vice President to join the Fund Launch, Onboarding and Wind-Down team ("FLOW") in the New York office. The FLOW team member will work with and assist stakeholders-including the Ares investor relations, legal, finance and accounting, operations, compliance, and tax teams, as well as certain third-party service providers-through the management of the Fund Launch process. This will include maintaining a comprehensive Fund Launch checklist, updating a centralized pipeline and working across multiple stakeholder groups to get key decisions and keep everyone informed. The individual will have ownership over the coordination and monitoring of activities for multiple launches and liquidations across all Ares product types.
The successful candidate will be detail oriented and able to collaborate with various cross-functional teams to understand the challenges, dependencies, and needs of stakeholders. This role will also be responsible for providing suggestions for data improvement, reporting, technology, and processes to deliver a seamless experience to our internal stakeholders and external investors.
Ideally, the candidate will have experience with complex fund structures, project management, and data management. The candidate must be resourceful, innovative, forward thinking, collaborative, and committed.
Primary functions & responsibilities
- Serve as the primary point of contact to coordinate activities for assigned Fund Launches and liquidations across internal and external parties
- Create and maintain a project plan/checklist throughout the life of a Fund Launch or liquidation, including tracking deadlines, owners, and status
- Capture relevant fund data to be shared via a firm-wide fund pipeline
- Understand internal process flows, business needs and deliverables, and ensure adherence to relevant internal procedures
- Recognize and execute on any unique complexities when coordinating launches or liquidations for certain fund types (Commingled Funds, Separately Managed Accounts, Co-Investments, Rated Note Feeders, etc.)
- Help drive continuous improvement by suggesting enhancements, automation, and other technology or tools to deliver a seamless experience to our internal stakeholders and external investors
- Assist in testing of new tools and technologies
Qualifications
Education:
- BS/BA with major in Accounting, Economics, Finance, or General Business preferred, with outstanding academic record
Experience Required:
- 8+ years of relevant work experience with private alternative funds, including project management experience
- Prior experience working in a fast-paced, high-growth environment, and managing external relationships
Experience Preferred:
- Strong proficiency in Excel (e.g., complex formulas), PowerPoint, and Word (e.g., advanced formatting)
- Experience with workflow and project management software
- Experience with Microsoft SharePoint, Project, Lists, Visio, and Power Automate
- Experience with Power BI, Tableau, or other business intelligence tools
General Requirements:
- Dependable, great attitude and energetic, excellent interpersonal skills, team-oriented with an effective ability to collaborate with others, strong work ethic, and strong client service orientation
- Highest degree of integrity, motivation, and intellectual curiosity
- Superior communication skills (verbal and written) and a demonstrated ability to analyze and summarize complex information to create content for a diverse audience
- An analytical mind and an entrepreneurial spirit, with a keen interest to learn, to problem solve, and to conceive and implement new ideas to increase efficiencies and improve processes
- Outstanding organizational skills
- Excellent time management skills, including the ability to successfully manage multiple priorities and competing demands, often under pressure to meet challenging deadlines
- A demonstrated ability to research and leverage resources to accomplish goals and produce results
- Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment
Reporting Relationships
Vice President, Fund Launch, Onboarding and Wind Down
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.
$130,000 to $170,000
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.