Vice President, Credit

Ares Management Corporation•Boston, MA

20h•$150,000 - $185,000•Onsite

About The Position

Ares U.S. Direct Lending Group (“DLG”) is one of the largest self-originating direct lenders. With a team of over 230 investment professionals in offices across the U.S., Ares U.S. DLG self-originates investment opportunities in senior secured loans, private high yield, mezzanine and select minority equity investments. Ares U.S. DLG provides investors access to its self-originating direct lending platform through several vehicles, including commingled funds, separately managed accounts and a publicly traded vehicle, Ares Capital Corporation (NASDAQ: ARCC).

Requirements

6+ years of experience in an underwriting and execution role, focusing on direct lending or credit related transactions.
Bachelor's or Master's degree in Finance, Accounting or Economics or an MBA.
Proven ability and highly skilled at developing positive relationships with private equity sponsors, lending partners and internal partners.
A demonstrated track record and expertise with financing across the capital structure including, bank loans, senior unsecured debt, subordinated debt and knowledge of equity securities.
Excellent track record in deal execution, understands all the phases of the process from sourcing, due diligence, documentation, marketing, and syndication.
Strong understanding of financial accounting with financial modeling experience.
Experience working in a rapid paced and challenging environment.
Insightful and a critical thinker who can work well under pressure.
Exceptional intelligence and the ability to grasp concepts quickly and interpreting requests.
Self-motivated, driven by the need to succeed, possess energy and enthusiasm and have outstanding interpersonal and communication skills.
Strong executive presence and respect from peers and clients.
Excellent personal presentation skills with the ability to communicate with all levels of the team.
Demonstrates initiative, a commitment to learning, and the ability to adapt to changing environments.
Highly collaborative; ability to work within a team of experienced professionals.

Nice To Haves

Requires junior level relationships with private equity sponsors and capital market participants.

Responsibilities

Underwriting, executing, and negotiating new private credit transactions.
Developing relationships with the private equity community and portfolio management.
Leading the internal support staff and junior members of the investment team.
Executing debt financings for leveraged buyouts, acquisitions, recapitalizations, and restructurions, as well as ongoing portfolio management.
Leading and executing transactions from initial deal sourcing through closing.
Conducting/leading the due diligence process with an understanding of market terms and conditions.
Overseeing investment memorandums for deal screening and formal investment committee approval, with ability to present findings to the RCS investment committee.
Running the legal documentation process.
Functioning as a junior level transactor with private equity (sponsored) and private company (non-sponsored) clients.
Building and maintaining excellent client relationships.
Utilizing independent research and analysis to generate ideas and recommendations to partners.
Maintaining a long term, value creation and disciplined approach to capital preservation.
Working within a team framework by making the direction, goals and needs of the team a priority.
Mentoring junior members of the team.