Senior Associate, Investment Operations - Reconciliations

Responsibilities

• Proactively research, resolve, and prevent all cash and par breaks with custodian banks and third-party administrators
• Manage daily reconciliation processes for cash, par, and non-custody assets across all funds
• Direct fund administrators and custodian banks on appropriate processing and review output for accuracy
• Reconcile and resolve contract and facility level loan positions between WSO, Geneva, and Third-Party Administrators
• Prepare daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues
• Contribute to the improvement of process efficiencies, risk mitigation, and system enhancements
• Participate in department initiatives including off-hours testing and new business conversions

Requirements

• Bachelor’s degree in Finance or a business-related discipline
• 5-7 years of investment management operations experience, with a heavy emphasis on bank loan operations and reconciliation
• Strong knowledge of credit, fixed income, derivatives, and FX, specifically bank debt and high yield/alt credit
• Proficiency in Wall Street Office (WSO), Geneva, PowerBI, and Python
• Experience working with custodian banks, agent banks, and offshore service providers
• Strong understanding of the bank loan industry and standard financial intermediary activities
• Exceptional attention to detail and a problem-solving mindset in a fast-paced environment

Preferred Qualifications

• Experience in Hedge Fund, Credit, or Private Equity environments
• Understanding of basic accounting theories

Benefits

• Comprehensive Medical/Rx, Dental, and Vision plans
• 401(k) program with company match
• Flexible Savings Accounts (FSA) and Healthcare Savings Accounts (HSA)
• Life and Disability insurance
• Mental health, mindfulness, and wellbeing app access
• Financial wellness benefits and education sponsorship programs

About the Company

Ares Management Corporation is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity, and infrastructure asset classes. With approximately $644 billion of assets under management, Ares operates a global platform with over 4,400 employees across North America, South America, Europe, Asia Pacific, and the Middle East.