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Associate, Investment Operations

Associate, Investment Operations

Ares Management CorporationLondon, UK
30+ days ago
Salary
£55,000.00–£75,000.00 yearly
Job type
  • Full-time
Job description

Description

Summary :

London Operations is responsible for the European Agency and Private Debt deal closing functions as well as all Settlements activity in the European Capital Market funds and Managed Accounts. The Settlement functions cover a broad scope of asset classes including but not limited to Loans, Bonds, Structured Credit, Derivatives and FX. Both sides of the business involve the successful closing of all primary and secondary par and distressed loans within the Ares European Private Debt funds, Capital Market funds and Managed Accounts. They work closely with Counterparties, Trustees, Custodians, Agent Banks and Clients to ensure prompt settlement of all trades. They also run an active Agency Portfolio and work closely with the Front Office as well as all other Middle and Back Office departments and outsourced providers on a regular day to day basis as well as on ad-hoc projects.

Primary Functions & Essential Responsibilities :

  • Coordinate effectiveness of post close events across Deal Team, Legal Counsel, Trustees, Administrators and other internal teams on Direct Lending transactions.
  • Assist with reviewing and negotiating operational points of the Credit Agreements for upsizes, ARAs, restructures / re-financings. Understanding of operational compatibility and requirements around operational risk and efficiency.
  • Assist with creating Funds Flows, co-ordinate with finance / trustees on movement of funds. Knowledge of payment formatting and currency cut offs; comfortable with escalating issues in appropriate time frames.
  • Understand facility Agent role. Knowledge of cash / PIK calculations, repayment mechanics, waivers etc. Participation in LMA initiatives.
  • Ensure accurate and timely booking of upsizes / amendments. Act as escalation point for par and cash breaks across Ares entities.
  • Work with the relevant team members / internal departments (e.g Finance, Investment Accounting, Loan Servicing etc) on managing restructurings and complex facilities.
  • Assist with overseeing workflows and controls with our Sub Agent vendor in order to maintain oversight and sign off for the relevant parts of the outsourced functions.
  • Identify workstreams to transition to our India Operations coverage team. Provide clear requirements / procedures and training support.
  • Contribute to SOP for Operations London. Identify process improvements and participate in the implementation of approved changes.

Education / Certification :

  • Bachelor’s Degree from an accredited university in Finance or related discipline preferred

    • Required Knowledge :

  • Knowledge of LMA bank loans with a focus on Agency considerations
  • Experience working on middle office technology and workflow projects
  • Strong PowerPoint, Visio and Microsoft Office (Microsoft Teams a bonus)
  • Knowledge of Advent-Geneva, Everest Black Mountain and Wall Street Office a plus

    • Experience Required :

  • Demonstrable financial services experience including 3+ years of credit experience in wholesale banking / Buyside or credit risk management
  • Experience in outsourcing workflows, working with / oversight of 3rd party vendors and offshore teams
  • Expert in risk analysis and risk management processes for one or more products and lending areas
  • Understands credit and syndication processes and the governing documentation including credit agreements and ancillary documents (knowledge of Equity docs a bonus)
  • Assisting with team projects, demonstrate ability to coordinate and communicate across multiple stakeholders to drive project to completion.

    • Skills / Abilities :

  • Advanced analytical skills, with the ability to identify root causes and trends and anticipate horizon issues
  • Excellent communication skills (verbal and written) confident running cross departmental meetings to varied audiences including senior management
  • Ability to multi-task and prioritize work in a deadline-intensive environment
  • Strong control focus and ability to challenge and streamline processes
  • Capable of effectively managing multiple, competing priorities in a portfolio of moderately complex deals while participating in related projects
  • Critical thinker who can act with minimal supervision but seeks advice appropriately
  • Self-starter with the ability to identify an issue, initiate a solution, and see it through to completion
  • Ability to make recommendations to help advance projects across a globally integrated enterprise
  • Strong interpersonal skills, with the ability to build relationships and exert influence with and without direct authority
  • Promotes the development of partnerships across teams to solve issues and improve performance

    • Reporting Relationships

    Vice President, Investment 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.