Analyst, Global Asset Servicing

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

Responsibilities

• Assist in reviewing daily position reconciliations to ensure accurate loan balances are being reflected in all systems.
• Proactively research, resolve and prevent all cash and par breaks with custodian banks and third-party administrators.
• Assist with the daily management and operation of the reconciliation process including cash, par and non-custody reconciliations with both custodian bank and paying agents across all funds.
• Direct fund administrators and custodian banks on appropriate processing and review / reconcile processing output for accuracy while looking for root cause issues.
• Review legacy standard operating procedures and update where necessary to reflect current-day steps and systems.
• Work with internal teams on vendor processes identified for more efficient processing in-house for Loan Operations.
• Prepare daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues.
• Maintain high standard of quality controls.
• Influence and participate in decisions on policies / procedures designed to ensure compliance with internal, legal, and regulatory policies and ensure changing business requirements are met.
• Work with all internal and external stakeholders to improve and enhance Recon team workflows.
• Contribute ideas and recommendations to improve process efficiencies and increase risk mitigation.
• Participate in meetings representing the Loan Operations and Recon teams and participate in department initiatives such as system enhancements, off hours testing and new business conversions as necessary.

Qualifications :

Reporting Relationships

Principal, Global Asset Servicing & Reconciliation

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$80,000 - $90,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical / Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

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.