Ares is seeking a Vice President to join its Investment Operations team in New York. The ideal candidate will lead the global asset servicing team, manage relationships with fund administrators and custodians, and drive systemic and procedural process improvements.
Requirements
- Lead the Global Asset Servicing team, streamlining manual processes and implementing scalable workflows.
- Serve as the primary escalation point for asset servicing inquiries and high risk breaks; proactively identify and address root causes.
- Oversee fund administrators, identify recurring issues, and collaborate and implement long term solutions.
- Evaluate and integrate innovative industry tools to enhance operational efficiency.
- Drive automation and accuracy through project leadership and process improvement initiatives.
- Analyze daily reconciliations between internal systems and third parties to resolve systemic issues.
- Coordinate asset servicing audit requests with internal and external auditors, consultants, and regulatory bodies (e.g., SEC).
- Prepare and present asset servicing KPIs to senior leadership and stakeholders.
- Maintain rigorous quality control standards and gather feedback to continuously improve workflows.
- Collaborate with finance, offshore partners, deal teams, investment accounting, middle office, treasury, and trustees to ensure seamless communication and issue resolution.
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