Associate Vice President, Trade Surveillance Compliance

Job Description

The Ares Compliance Department oversees and manages Ares’ global regulatory compliance and ethics program. Under the leadership of the Chief Compliance and Regulatory Officer, the Compliance Department is comprised of functionally and business-aligned teams that operate collaboratively based on the Firm’s overall structure: Investment Adviser Compliance, which oversees implementation of global policies and procedures as well as Regulatory Reporting and Compliance testing;  Marketing & Distribution Compliance, focusing on global marketing and investor relations, including compliance for Ares’ registered broker-dealers; Regulated Funds Compliance, which oversees the compliance for advised and sub-advised registered funds and public companies; Information Management and Trade Surveillance Compliance, which administers the Code of Ethics, Control Room and trade surveillance program; Financial Crime Prevention, which administers Ares’ Global Anti-Money Laundering and Counter-Terrorism Financing Program; and Compliance Operations, which oversee the department’s operational and reporting functions with a focus on regulatory reporting and management of strategic initiatives; and the EMEA and APAC-based Compliance programs

Ares is seeking a knowledgeable, highly organized, and proactive Associate to join our Information Management and Trade Surveillance Compliance team focused on conflicts management with respect to firm trading and investing. This Vice President will actively participate in the management of daily processes, support departmental and team projects and build relationships with employees across the enterprise while ensuring compliance obligations are met. 

Reporting relationships

Reports to: Principal, Trade and Conflicts Compliance

Supervises: TBD

Primary functions & responsibilities

• Oversee the daily review of firm-wide trading activities, including relevant conflicts checks related to deals and the firm’s restricted and other conflicts monitoring lists

• Assist with portfolio compliance requirements related to trading for accounts

• Facilitate the cross/principal transaction process in partnership with various stakeholders

• Advise the CLO management team on compliance questions related to structuring and the redemption process

• Advise investment teams with respect to ad hoc committee participation and attendant controls

• Facilitate pre-trade controls related to 3rd party CLO investing

• Assist with the oversight of trade allocations

• Manage the best execution/ approved broker/ trade error/ cancel and correct processes with respect to firm trading

• Update and maintain Compliance policies and procedures

• Oversee the trading compliance technology suite and partner with IT and data teams to ensure proper data coverage

• Demonstrate a strong understanding of issuer/borrower hierarchy, loan sales and trading/quotes, and research via Bloomberg

• Partner with the Control Room team to ensure proper operation of the Compliance trading program

• Oversee and analyze reporting and analytics generated by offshore team

• Perform internal process reviews and quality checks

• Support and initiate special projects and tasks as required

• Escalate issues effectively and on a timely basis to the appropriate levels of management

• Participate in ongoing technological enhancements for the benefit of the Compliance department

• Assist with the global testing program

Qualifications

Tech Skills:

• Working knowledge of financial instruments including but not limited to: alternative and structured products, bank loans, high yield debt, equities, and real assets.

• Knowledge of Bloomberg

• Advanced Excel

• Project Management

• Time Management

Soft Skills:

• Strong interpersonal, relationship-building and negotiation skills

• Anticipates potential issues/opportunities and takes proactive measures

• Excellent verbal and written skills

• High level of intellectual curiosity

• Collaborative team player

• Comfortable in a fast-paced environment and managing multiple tasks at once

• Ability to manage up

• Analytical

• Driven and self-directed

• Highly organized

• Ability to communicate effectively with all levels of management

• Diplomacy

• Client service oriented

• Ability to see “big picture”

• Positive attitude

• Effective at conflict management

• Sound judgment and able to act with discretion, particularly regarding confidential matters

Education: Bachelor’s Degree Required

Experience Required:

• 7+  years of experience at a global investment adviser or investment bank - Control Room and/or conflicts management experience required

• Experience with credit-based strategies, including private equity, private debt and equity, and capital markets activities

• Familiarity with SEC regulatory review and interpretation of regulations

• Analytical report generation/creation

• Ability to work independently and interact effectively with all levels of management

• Organizational skills and demonstrated ability to manage competing priorities

• Experience partnering successfully with business and investment colleagues and aptitude for working effectively in a large organization and with institutional clients

• Ability to maintain a professional demeanor in both routine and highly charged environments adapt responses appropriately to each situation

• Experience working with an offshore service provider considered a plus

• Maintain a strong commitment to quality and attention to detail, ensuring that the work product is delivered completed, accurately and on-time

Reporting Relationships

Compensation

$145,000-$185,000

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.