Senior Associate, Investment Operations (Wires)

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.

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

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.