Senior Associate, Special Situations, US Direct Lending PMG
Ares Operations•New York, NY
About The Position
Ares is seeking a Senior Associate for our U.S. Direct Lending Special Situations team. The Senior Associate will be responsible for supporting control equity positions and workouts/restructurings within the U.S. Direct Lending portfolio ($193B in AUM). The role will provide the Senior Associate with significant opportunities for direct interaction with Ares senior leadership and portfolio company executives as well as long-term career growth.
Requirements
- Bachelor's degree or international equivalent
- 4+ years of consulting, credit, private equity, or investment banking experience
- Advanced MS Excel modeling skills
- Advanced MS PowerPoint skills
- Excellent written and verbal communication skills
- Experience reading and analyzing credit, equity, and restructuring related legal documents
- Self-motivated and driven; ability to work effectively in a collegial, fast-moving, demanding, and dynamic environment
- Creative problem solver
- Exceptional interpersonal skills
- Impeccable integrity and trustworthiness
Responsibilities
- Financial modeling and analysis in support of active restructurings and equity-owned portfolio companies; experience in 3-statement operational modeling, liquidity analysis, and capital structure modeling preferred
- Supporting performance improvement efforts for owned portfolio companies
- Supporting due diligence efforts in support of active restructurings and owned portfolio companies
- Reviewing and negotiating legal documentation
- Communicating with management teams and advisors in connection with strategy, budgeting, forecasting, and financial performance to understand key trends and drivers of equity-owned portfolio companies
- Drafting and presenting Investment Committee memos to senior leadership
- Utilizing firm’s proprietary software tools for company tracking
Benefits
- 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)
- Commuter Benefits plan for parking and transit
- Access to a world-class medical advisory team
- Mental health app that includes coaching, therapy and psychiatry
- 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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
