Vice President, EMEA Client Services
Ares Management
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
Summary:
This position is a hybrid of ongoing global client service and also exposure to new product onboardings. Ares Wealth Management Solutions (“AWMS”) is a leading global platform focused on expanding individual investors’ access to Ares’ leading private markets capabilities, by way of innovative investment solutions, educational resources, and long-term partnerships.
The candidate will be assisting the firm’s strategic objectives related to building a European fund range and high levels of ongoing client service.
Primary Functions & Essential Responsibilities:
- Onboarding and servicing of new and existing wealth client relationships
- Ensure that the required agreements are in place with all key strategic partners
- Operate at the highest levels of ongoing client service and operational support
- Provide broad support to the global AWMS team and the various strategic projects that are being worked on
- Participate in development of appropriate product structures to meet AWMS & our clients’ needs, including design of fund operational models
- Assist with the onboarding of new products and initiatives globally with both internal and external teams
- Assist with oversight of key fund service providers (e.g. fund admins, investment managers, data providers etc.)
- Ongoing assessment of the ever-changing regulatory landscape to ensure AWMS is best positioned in relation to servicing our clients
- Build and maintain strong network across the firm to facilitate collaboration with Product Management, Client Service, Investment Operations and other groups.
Education/Certification:
- Undergraduate degree preferred (or relevant experience)
Required Knowledge:
- Alternative investment products and services knowledge a plus
- Demonstrative experience in onboarding of distributors and assisting in negotiation of associated agreements
- Good Strong knowledge of investor dealing, and operational models for distribution platforms
- In-depth understanding of global wealth management and its corresponding distribution channels (including investment platforms)
- Strong experience of processing distributor fees (e.g. placement fees, servicing fees, rebates)
- Excellent product knowledge (SICAVs, Cayman Funds, AIFs, ELTIFs etc)
- Strong regulatory knowledge (AIFMD 2, PRIIPS etc.) and associated implications for product design and ongoing management
- Strong knowledge of marketing rules across geographies (EMEA, APAC)
Required Experience:
- Minimum 5 years experience in asset management
- Global distribution model understanding
- Strong knowledge and experience of leading distribution / placement / platform agreement negotiations Distribution and/or placement agreement knowledge
Skills/Abilities:
- High energy, enthusiasm and drive
- Proficiency in Excel, PowerPoint and Word
- Strong communication and presentation skills
- Problem solver with ability to research solutions and suggest resolutions
- Takes initiative and has a strong work ethic
- Highly motivated with the ability to set priorities, multi-task and monitor own workload to meet aggressive deadlines whilst catering to demands across EMEA and APAC time zones
Reporting Relationships
Principal, Wealth Management Solutions, EMEAThere 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.