Associate - Client Account Management (KYC)

Associate, Client Account Management (KYC)

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

Summary:

• Ares is currently searching for a highly motivated, detail-oriented team player to join as an Associate focusing on incoming KYC requests across all of Ares’ business lines, working closely with internal legal, tax and compliance teams.
• The Associate will assist with every request related to KYC across our lines of business, which include Credit, PE, Secondaries, and RE, among others, and be expected to work with service providers, sellers/buyers, banks, law firms, and other counterparties.
• This position presents candidates with a unique opportunity to join a growing group supporting the US, EU, and Asia Investment Operations and Fund Accounting teams that also monitor portfolio compliance, trade administration & settlements, and break resolution.  In addition, there will be cross training opportunities with the Account Transitions team, who manage the opening, closing, and transition of securities and cash accounts for the firm.

Primary responsibilities:

• Supporting the legal teams with daily monitoring and responding to various KYC requests
• Gain familiarity with our fund structures across lines of business
• Work with key partners in all business lines to assist with data management including but not limited to: financing data, account opening data, investor data and portfolio setup
• Cross train and undertake account opening responsibilities and related tasks with custodian banks, which also entail the monitoring and managing of pipelines and systems tied to this vertical

Required knowledge:

• Strong intellect with solid quantitative, corporate and analytical skills and attention to details
• Strong knowledge of various investment types such as fixed income, bank debt, derivatives, and equities
• Strong written and verbal communications skills
• Knowledge of complex fund structures a plus

Required experience:

• 3 to 6 years of experience in investment management or related firms, with experience in KYC, portfolio compliance a plus
• Direct experience partnering with various business units to ensure operational efficiency
• Experience successfully developing an operations platform that is scalable and agile to accelerated growth and ever-changing needs

Required education:

• Relevant Bachelor’s degree from an accredited University

General requirements:

• Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment
• Genuine passion for customer service and quality with a highly collaborative approach
• Experience with asset management systems or other relational databases
• Experience at a regional, national, or global financial services firm
• Self-starter, exceptional communication, and organizational skills necessary
• Ability to work independently as well as with “the team”
• Excellent oral and written communication skills and computer literacy
• Knowledge of Microsoft Windows, Word, Excel, Outlook
• Creative problem solver

Reporting Relationships

Vice President, Client Account Management

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.

Experience Level

Senior Level