Associate/Senior Associate, Alternative Credit, Asset Management
$120k - $145kAres 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 DescriptionAres Alternative Credit focuses on asset-based finance (ABF) and tactical asset investing opportunities beyond traditional markets, such as corporate debt, real estate and private equity. This strategy seeks opportunities in large, diversified portfolios, including specialty finance, lender finance, equipment leasing, structured products, net lease, cash-flow streams (e.g., royalties, licensing, management fees) and other asset-focused investments. As of March 31, 2026 (and inclusive of Q2 capital raises), Ares Alternative Credit managed approximately $57.3 billion in assets, Ares is a co-founder of the Promote Giving initiative () and at least 5-10% of the promote (carried interest and incentive fee) profits of Alternative Credit's flagship Pathfinder family of funds have been pledged to be donated to global health and education charitable organizations.Ares is currently searching for a highly motivated, detail-oriented team player to join as an Associate or Senior Associate on the Alternative Credit (“Alt Credit”) Team in the New York or Atlanta office, focused on Asset Management.Primary Functions and Essential Responsibilities:Monitor the portfolio of private investments.Provide support to deal teams with assigned investments.General asset management including confirming fundings, processing monthly settlements, valuation, and other asset-level reporting.Frequent communication with portfolio companies.Develop and run complex models for valuation and reporting purposes.Perform mark-to-market valuations.Analyzing asset-level trends and metrics. Qualifications:Bachelor’s degree required or international equivalent in Economics, Mathematics, Engineering, Computer Science, Information Systems, Finance, or related field.Strong intellect with solid communication, quantitative, financial and analytical skills.2+ years of finance or accounting experience with exposure to structured finance/securitization preferred.General Requirements:Advanced MS Excel modeling skills (index + match, macros, and array formulas).Intermediate MS PowerPoint skills.Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment.Creative problem solver.Exceptional interpersonal skills.Reporting RelationshipsVice President, CreditCompensationThe 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.$120,000.00 - $145,000.00The 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.SummaryLocation: Atlanta, GA; New York, NYType: Full time
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