Vice President, Investment Operations - Global Reconciliations

Responsibilities

• Oversee the cash and par reconciliation team, providing guidance and acting as the first level of escalation for all reconciliation issues
• Manage daily reconciliation processes including cash, par, and non-custody reconciliations with custodian banks and paying agents
• Direct fund administrators and custodian banks on process trends and review output for accuracy to identify root causes
• Prepare daily, weekly, monthly, and quarterly KPIs to track workflow trends and issues
• Maintain high standards of quality control to ensure breaks are escalated and resolved in a timely manner
• Participate in decisions regarding policies and procedures to ensure compliance with internal, legal, and regulatory requirements
• Oversee audit-related inquiries and work with internal and external auditors on SOC 1 controls and testing
• Manage relationships with custodian banks, agent banks, and administrators
• Contribute to process efficiency improvements and risk mitigation initiatives

Requirements

• Bachelor's degree in Finance or a business-related discipline
• 10-12 years of investment management operations experience with a heavy emphasis on reconciliation
• Expertise in credit, fixed income, derivatives, and FX, specifically bank debt and high yield/alt credit
• Proficiency in Wall Street Office and Geneva
• Strong understanding of loan industry standards and financial intermediary activities
• Experience working with custodian and agent banks
• Proven ability to work in a fast-paced, dynamic environment with high attention to detail
• Excellent written and verbal communication skills

Preferred Qualifications

• Experience with PowerBI, Python, or similar technologies
• Experience working with outsource or offshore service providers
• Background in Hedge Fund, Credit, or Private Equity environments

Benefits

• Comprehensive Medical, Rx, Dental, and Vision plans
• 401(k) program with company match
• Flexible Savings Accounts (FSA) and Healthcare Savings Accounts (HSA)
• Life, Disability, and Employee Assistance Programs
• 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 $623 billion of assets under management, Ares operates a global platform with over 4,200 employees across North America, South America, Europe, Asia Pacific, and the Middle East.