Senior Associate, Investment Operations (Wires)

Job description

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 a Senior Associate to join the Mumbai Investment Operations team. This role reports to Associate Vice President of Investment Operations – Wire Management Team. The candidate is responsible for monitoring wire management, SSI set-up’s, wire set-up’s etc. While actively enhancing the platform to streamline and strengthen team capabilities. The ideal candidate is an ambitious self-starter capable of working independently while also looking to lead a team, to conduct business that is an equal blend of art and science. Good critical thinking skills and a “solutioning” mindset are a must. Job Description Specific responsibilities include, but are not limited to: Ensure all cash transactions were accurately recorded; work with Banks to resolve and clear all cash account exceptions Monitor inbound/outbound data feeds between Treasury Management System (TMS) and various systems Set up account SSI wiring instructions Optimize efficiency and create scalability of wire team processes. Collaborate across internal teams to streamline wire team workflows. Assist w/ Client Onboarding for activities related to bank account setup and cash movements Active participant in build-out of TMS (Hazeltree) as Ares seeks to centralize key activities within an evolving platform Work on system integration to optimize wire flow Build strong global banking and vendor relationships Education: Bachelor’s degree in Finance or other business related discipline MBA, CFA and/or CPA preferred but not required Experience Required: Minimum of 6 years of experience in high quality, global capital markets or investment management firms with expertise in Investment Operations related functions Experience in Investment Operations in any of middle office, back office and/or compliance preferred Prior experience with an alternative asset manager preferred Strong knowledge of various asset classes, primarily focused on credit/fixed income, derivatives, and FX with an emphasis on bank debt and high yield/alt credit Experience with Hazeltree, Everest, Coupa, Wall Street Office, Geneva, and/or IVP data management platforms preferred Understanding of basic accounting theories Experienced with a diverse set of investment vehicles such as Institutional Separate Accounts, SMA/Limited Partnerships, Open-End Mutual Funds, Closed-End Funds and UCITs, CLOs, and complex fund structures Hedge fund, Credit or Private Equity experience is a plus Intermediate-level technical acumen for solutioning complex problems using common enterprise tools (report writers, SQL, Excel, etc.) General Requirements: 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 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 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 Strong written and verbal communications skills Familiarity with standard activities carried out by financial intermediaries such as investment banks, broker/dealers, Prime Brokers, etc Strong knowledge of financial payment types and processing Strong knowledge of swift and ACH is a must have Knowledge of complex fund structures a plus Strong knowledge of various asset classes, primarily focused in the area of credit/fixed income, derivatives, and FX with an emphasis on bank debt and high yield/alt credit a significant plus Reporting Relationships Associate Vice President, Treasury Operations 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.