Vice President, Fund Launch, Onboarding and Wind Down

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 Vice President to join the Fund Launch, Onboarding and Wind-Down team (“FLOW”) in the New York office.  The FLOW VP will be responsible for the strategic oversight, leadership, and operational excellence of the project management for fund launches and wind downs. The VP will be a key member of the team, overseeing junior team members, developing and optimizing processes, and working cross-functionally to support business growth.

This role is responsible for building and operationalizing FLOW processes, working cross-functionally across all Ares teams, and managing change. The successful candidate will be detail oriented and able to collaborate with various cross-functional teams to understand the challenges, dependencies, and needs of stakeholders.

Ideally, the candidate will have experience with complex fund structures, project management, and fund/legal entity data management. The candidate must be resourceful, innovative, forward thinking, collaborative, committed, and have excellent written and verbal skills.

Reports to: Head of FLOW

Primary functions & responsibilities

Strategic Leadership & Governance

• Establish FLOW policies, procedures, and governance

• Drive global standardization of processes across Ares

• Responsible for management of junior team members

Fund Launch & Wind Down Project Management

• Project Manage complex fund launches and wind downs using a standardized checklist

• Understand requirements depending on fund type (Commingled, SMA, Co-Invest, etc.) and Jurisdiction (e.g. US, Cayman, Luxembourg, etc.)

• Coordinate activities amongst stakeholders – including the Ares investor relations, legal, finance and accounting, operations, compliance, and tax teams, as well as certain third-party service providers

Continuous Improvement

• Execute on projects to help enhance processes, provide cross-platform visibility, and improve upon datasets

• Lead pilots and rollouts for new workflows and technologies

• Suggest enhancements, automation, and other technology or tools to deliver a seamless experience to our internal stakeholders and external investors

Education:

• BS/BA with degree in Accounting, Economics, Finance, or General Business preferred, with outstanding academic record

Experience and Skills Required:

• 10+ years of relevant work experience with private alternative funds, including project management experience

• Prior experience working in a fast-paced, high-growth environment, and managing external relationships

• Proven ability to design, document and improve workflows and processes

• Demonstrated ability to drive consensus among a diverse array of interests and priorities

• Strong proficiency in Excel (e.g., complex formulas), PowerPoint, and Word (e.g., advanced formatting)

• Experience with workflow and project management software

• Experience with Microsoft SharePoint, Project, Visio, Salesforce, PowerBI, and Power Automate

General Requirements:

• Dependable, great attitude and energetic, excellent interpersonal skills, team-oriented with an effective ability to collaborate with others, strong work ethic, and strong client service orientation

• Highest degree of integrity, motivation, and intellectual curiosity

• Superior communication skills (verbal and written) and a demonstrated ability to analyze and summarize complex information to create content for a diverse audience

• An analytical mind and an entrepreneurial spirit, with a keen interest to learn, to problem solve, and to conceive and implement new ideas to increase efficiencies and improve processes

• Outstanding organizational skills

• Excellent time management skills, including the ability to successfully manage multiple priorities and competing demands, often under pressure to meet challenging deadlines

• A demonstrated ability to research and leverage resources to accomplish goals and produce results

• Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment

Reporting Relationships

Principal, Fund Launch, Onboarding and Wind Down

Compensation

$180,000 - $220,000/annum

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 is a global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997 with additional offices across North America, Europe, and Asia.