Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
The Ares Global Liquid Credit Group is a leading participant in the non-investment grade corporate credit markets, with approximately $47 billion of assets under management as of September 30, 2024. The group’s investment solutions help fixed income investors access the syndicated loan and high yield bond markets and capitalize on opportunities across traded corporate credit. Our strategies include syndicated loans, high yield bonds, and multi-asset credit.
Ares is seeking a leveraged finance industry coverage professional at the Principal/Managing Director level to join the Global Liquid Credit team in either the Los Angeles or New York office. An ideal candidate will have 10+ years of investing experience in the syndicated loan or high yield bond markets.
Primary functions and essential responsibilities:
- Identify trade ideas in the primary and secondary syndicated loan and high yield bond markets and make recommendations to the investment committee across a variety of mandates
- Review and closely monitor industry and credit developments, market technicals, credit documentation, and shifts in relative value
- Perform quantitative and qualitative analysis to forecast cash flow and other key metrics for current and prospective portfolio investments
- Develop financial models and compose investment committee memorandums for primary, secondary and stressed opportunities
- Communicate directly with management teams, industry consultants, and the sell-side to facilitate due-diligence and idea generation
Qualifications:
- Bachelor’s degree or MBA with a strong academic record from a recognized institution
- 10+ years of leveraged finance, sell side research, restructuring advisory, and/or principal investing experience
- Strong analytical skills and proficiency in Excel including financial models
- Excellent verbal and written communication skills, with a proven ability to multi-task
- Self-motivated and well-organized with high attention to detail
- Comfortable working individually or with others on special projects
Reporting Relationships
Compensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
$285,000.00 - $300,000.00
The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include 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), and Commuter Benefits plan for parking and transit.
Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a 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, and much more.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
Top Skills
What We Do
Ares Management Corporation is an international real estate financing company.
