AVP, Enterprise Risk Management

Ares Operations•Los Angeles, CA

4h•Onsite

About The Position

Ares is seeking an Associate Vice President (AVP) to join our Enterprise Risk Management (ERM) team in New York. Within ERM, we strive to execute sound risk management strategies in support of the firm. To achieve this, we partner broadly across internal stakeholders to identify, assess, mitigate, and monitor current and emerging risks. The interaction with numerous groups and the range of projects that ensue provide for a meaningful and multi-faceted work environment. The AVP will help us administer and scale our ERM program. This will entail working closely with ERM team members and collaborating cross-functionally to implement and deliver all components of the enterprise risk framework, including risk identification, measurement, analysis, monitoring and response recommendations. We are looking for an individual whose curiosity to learn and ability to analyze data will elevate our program, who is a strong communicator, excited to work cross-functionally across business divisions and execute on aligned priorities.

Requirements

Bachelor’s degree in Business Administration, Finance, Economics, or a related field from an accredited university
5–7 years of relevant work experience in investment management, banking, or financial services consulting
Strong understanding of the alternative investment management business, risks and trends
Strong understanding of enterprise risk management concepts (e.g., risk identification and measurement, risk appetite and limits, risk mitigation and response)
Strong understanding of credit/counterparty/liquidity/market risks and metrics
Strong organizational, documentation, analytical, presentation, and communication skills (written and verbal)
Ability to work in a fast-paced and dynamic environment, often requiring fast solutions to complex problems
Ability to successfully manage several priorities and competing demands, strong time management and prioritization skills
A self-directed individual with a can-do attitude, willing to work in an energetic and collaborative setting, proactive in nature, and a proven ability to learn quickly, display flexibility and adaptability while resolving issues with minimal direct supervision
An analytical mind and a passion/interest in bringing new insights to increase efficiency of existing processes
Good judgment in terms of raising issues vs. solving problems independently
Outstanding social skills and strong client focus
Dependable, highly motivated and a great teammate
Strong work ethic and high level of integrity
Willingness to take on new projects and learn new skills

Nice To Haves

Prior experience with Tableau/Power BI/SQL a plus, but not required

Responsibilities

Work alongside team members to implement and enhance robust risk processes and tools as part of the enterprise risk framework
Partner with investment and business operations teams across the platform to assist with risk identification, assessment, mitigation and monitoring of key enterprise risk exposures
Monitor, analyze and report on key counterparty risk metrics
Collaborate with various stakeholders to develop risk response plans for select risks
Drive the automation of existing manual processes by creating tools and other technology solutions
Conduct detailed reviews of internal/external risk events and summarize lessons learnt
Maintain the internal risk database, produce dashboard reporting, prepare meeting materials, and assist with ad-hoc initiatives to meet evolving stakeholder expectations
Stay informed on industry trends, developments and leading practices to advance our ERM program