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Senior Associate, Regulatory Reporting Compliance

Ares Management

Ares Management

Legal
New York, NY, USA
Posted on Nov 21, 2024

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

Ares is seeking a Senior Associate to join our Regulatory Reporting team. The ideal candidate will be responsible for assisting in the preparation and delivery of accurate and timely filings to the Firm’s regulators. They will work closely with the global Regulatory Reporting team to coordinate filings across various jurisdictions, identify and implement reporting efficiencies, and drive change in response to business and regulatory developments.

Reporting relationships

Reports to: Vice President, Regulatory Reporting

Supervises: n/a

Primary functions & responsibilities

Specific responsibilities include, but are not limited to:

  • Assist the Regulatory Reporting team with respect to regulatory submissions to regulatory bodies such as the SEC, CFTC, FRB, and other US and foreign regulators.

  • Assist in the continuous assessment and testing of the Firm’s global regulatory reporting risks and controls in accordance with regulatory requirements, best practices, and industry guidance.

  • Work collaboratively with cross-functional members of the Firm’s global Finance & Accounting, Investment Operations, Legal, and Technology departments.

  • Assist the Regulatory Reporting team in coordinating with members of the global Compliance team to drive efficiency across data provided to regulators in all jurisdictions.

  • Assist in the development, implementation, and documentation of standardized workflows and controls supporting the Regulatory Reporting filing preparation, review, submission, and retention processes.

  • Keep current on evolving laws and regulations and stay abreast of best practices and industry guidance.

  • Provide reporting to the senior leadership team, as requested.

  • Assist with ad hoc projects, assignments, and initiatives.

Qualifications

Education/Skills:

  • Bachelor’s Degree required.

  • Advanced Degree a plus.

  • Proficiency in Microsoft Office Suite.

  • Familiarity with Power Apps a plus.

Experience Required:

  • 5-7 years of experience with direct experience in investment advisory compliance, regulatory reporting, financial reporting, or similar global compliance roles in an investment management setting.

  • Knowledge of applicable regulatory reporting requirements, including experience with at least Form ADV, Form PF, and beneficial ownership reporting.

  • Experience working with technology development teams and other stakeholders to pursue ongoing process and technology enhancements.

  • Project management skills, with the ability to partner with internal and external stakeholders.

  • Ability to extract meaningful information from research and keep abreast of industry and regulatory developments. Applying knowledge of investment concepts to ensure accurate regulatory filings.

General Requirements:

  • Strong time management and prioritization skills; ability to work under tight deadlines in a fast-paced environment; results oriented.

  • Exceptional attention to detail, analytical skills, highly organized and process-driven; high accuracy.

  • A self-directed individual with a can-do attitude, willing to work in an energetic, collaborative, and fast-paced environment, proactive in nature, and a proven ability to resolve issues with minimal supervision.

  • Outstanding written and verbal communication skills, with the ability to effectively present complex concepts in a manner that is appropriately calibrated to audiences at different organizational levels.

  • Self-motivated and proactive with the ability to work under pressure and to tight deadlines.

  • Strong sense of ownership and accountability; demonstrates good problem-solving skills and judgment in terms of escalating issues vs. solving problems independently.

  • A solutions-oriented, self-starter, with an ability to see the big picture.

  • Ability to be flexible in terms of hours to coordinate with team members across various time zones.

  • Dependable, great attitude, highly motivated and a team player.

Reporting Relationships

Vice President, Regulatory Reporting Compliance

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.

$120,000-$140,000

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.