Vice President or Principal, Portfolio Management, Alternative Credit

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 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. We are currently seeking an experienced Principal to join the Alternative Credit (asset based finance) team focused on Portfolio Management and Treasury functions. This is a new multi-disciplinary role working across the Alternative Credit business on financings, treasury, analytics, risk, valuation, hedging, reporting and quantitative development. The role reports to the Chief Operating Officer of the Alternative Credit business and requires extensive collaboration and coordination with the investment teams, portfolio managers, asset managers, investor relations, finance & accounting, investment operations and capital solutions teams. Candidates should have significant experience with investment modeling (for investment grade and non-IG investments) and fixed income analytics (e.g. yield measurements, duration, convexity, OAS). Strong communication, analytical and project management skills are required. Candidates should have significant knowledge of structured credit and securitizations. Primary Functions and Essential Responsibilities: Treasury: optimize liquidity, capital calls, cash and borrowing (and borrowing bases) with Finance & Accounting team Analytics, Risk, Hedging & Valuation: analyze portfolio and individual investments for various risks; review hedging; guide team on financial modeling and analytics (for investment grade and non-IG investments); assist with valuation and internal ratings processes Reporting: work with team to develop internal and external reporting Quantitative Development: work with team manage development priorities, including SQL databases, python apps and AI initiatives Project Management: manage various team projects to further strengthen or enhance our investment and business operations processes. Experience Required: 6+ years of relevant experience Candidates should have significant knowledge of structured credit and securitizations. General Requirements: Ability to reduce complex problems and models into key drivers. Ability to combine disparate datasets and assumptions. Strong intellect with outstanding quantitative and qualitative analytical skills Significant experience with investment modeling and fixed income analytics (e.g. yield measurements, duration, convexity, OAS). Strong knowledge of finance and accounting Ability to manage borrowing base credit facilities with diverse collateral. Ability to understand privately originated investments. Detail oriented, self-motivated and driven. Ability to work effectively in a dynamic team environment, and with senior professionals. Very strong verbal and written communication skills, and a professional, polished demeanor. Evidence of intellectual curiosity, creative problem-solving skills, and adaptability. Strong communication, analytical and project management skills are required. Bachelor’s degree Reporting Relationships Chief Operating Officer, Alternative Credit 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. $235,000.00 - $250,000.00 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. Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2026, Ares Management's global platform had approximately $644 billion of assets under management(1) with more than 4,400 employees operating across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. (1) As of March 31, 2026. AUM amounts include funds managed by Ivy Hill Asset Management, LP., a wholly owned portfolio company of Ares Capital Corporation and registered investment adviser.