Data Analyst, Investment Operations

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

Ares is looking for an Analyst to join the Los Angeles Investment Operations team.  The Investment Operations team works closely with business stakeholders in three lines of business (Credit, Private Equity and Real Estate) as well as various corporate functions.  The Analyst will be responsible for partnering with the Associate Vice President and ownership around Data Integrity tasks.  The team primarily works out of the Los Angeles office in partnership with the team in India.  The ideal candidate would have experience leveraging third party resources while being thoughtful about strategic planning around pricing with an ability to anticipate and respond to future business needs.  The successful candidate will also have experience with acquisitions and integrations and a deep familiarity of the fixed income asset class.  The role requires a dynamic, adaptive, experienced hands-on professional to ensure best practices in a fast-paced rapidly growing environment.

Reporting relationships

Reports to: Sr Associate, Investment Operations (Data & Pricing)

Primary functions and essential responsibilities

Specific responsibilities include, but are not limited to:

• Work with key partners in all business lines to assist with data management including but not limited to:  security reference, credit data integrity

• Interact with all market data vendors including but not limited to: Markit, Moody’s, S&P, Fitch and Bloomberg

• Serve as a key partner to the firm’s portfolio managers in delivering timely and accurate security investment information

• Interfacing with Traders, Portfolio managers, New Accounts Group, Fund Accounting, Performance and Compliance

• Work closing with the different business functions in order to capture Critical Data Elements (CDEs) used in their end-user process

• Assist Data Quality Control Group with maintenance of accurate and consistent information flows

• Track and monitor the data quality issues that are discovered and provide status to senior management Data Quality Issues

• Work with downstream business end-users in order to provide Tactical Data quality remediation

• Work on reconciling data attributes with our admin to ensure we have correct data integrity with all our platforms

• Work with the vendors to update data issues and have monthly calls with the team to over repeated themes

• Work with technology in order to provide strategic data quality remediation work effort analysis, monitor progress and report status to senior management

• Establish strong working relationships with the business and Technology teams to facilitate application support and adoption

Qualifications

Education:

• Bachelor’s degree in Finance or other business-related discipline

Experience Required:  

• Minimum of 2 years of experience in high quality, global capital markets or investment management firms with expertise in Operations

• Experience in Investment Operations, Fund Accounting, Information Technology or Software Development life cycle preferred

• Prior experience with an alternative asset manager preferred, broader asset management experience preferred

• Understanding of bank loans preferred

• Understanding of Bloomberg and Markit Vendors

• Strong fixed-income product knowledge, CLO’s, CDO’s variable rates securities, and fixed income securities

• Hedge fund, Credit or Private Equity experience is a plus

General Requirements:

• Sound understanding of financial data and diverse investment vehicles (such as Institutional Separate Accounts, SMA/Limited Partnerships, Open-End Mutual Funds, Closed-End Funds, UCITs, etc.)

• Familiarity with institutional asset management research, trading workflows, and associated systems. Solid understanding of the data points associated with different asset classes

• Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format; a keen eye for attention to detail

• Experience managing internal and external stakeholders and leading project prioritization discussions to drive product vision and roadmap.

• A self-directed individual with a can-do attitude, willing to work in an energetic, collaborative and fast-paced environment, proactive in nature, and a proven ability to resolve issues with minimal supervision

• Proven outstanding communication (written and verbal), presentation, documentation, and interpersonal skills

• Expert with Excel for data analysis, including modeling and complex lookups

• A hands-on approach and ability to synthesize business operations and talent needs

• Ability to successfully manage multiple priorities and competing demands

• High accuracy and detail orientation

• Good judgment in terms of escalating issues vs. solving problems independently

• A solutions-oriented, self-starter and ability to see the big picture

• Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment

• Ability to be flexible in terms of hours in order to coordinate with team members across various time zones

• An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes

• Dependable, great attitude, highly motivated and a team player

Company description

Ares Management Corporation (“Ares” or the “Firm”) is a publicly traded, leading global alternative asset manager with approximately $179 billion of assets under management (“AUM”) and over 1,400 employees. We seek to deliver attractive performance to our investor base across our investment groups and strategies, including credit, private equity and real estate. The firm is headquartered in Los Angeles with offices across the United States, Europe, Asia and Australia. Its common units are traded on the New York Stock Exchange under the ticker symbol “ARES”.

Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law.

Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance.

Reporting Relationships

Principal, Investment Operations

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.

$87,000 – $93,000

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.