Senior Associate, Investment Operations (Wires)
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Job Description
### ***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 looking for a Senior Associate to join the Mumbai Investment Operations team. This role reports to Associate Vice President of Investment Operations – Wire Management Team. The candidate is responsible for monitoring wire management, SSI set\-up’s, wire set\-up’s etc. While actively enhancing the platform to streamline and strengthen team capabilities. The ideal candidate is an ambitious self\-starter capable of working independently while also looking to lead a team, to conduct business that is an equal blend of art and science. Good critical thinking skills and a “solutioning” mindset are a must.
- *Job Description**
Specific responsibilities include, but are not limited to
- Ensure all cash transactions were accurately recorded; work with Banks to resolve and clear all cash account exceptions
- Monitor inbound/outbound data feeds between Treasury Management System (TMS) and various systems
- Set up account SSI wiring instructions
- Optimize efficiency and create scalability of wire team processes.
- Collaborate across internal teams to streamline wire team workflows.
- Assist w/ Client Onboarding for activities related to bank account setup and cash movements
- Active participant in build\-out of TMS (Hazeltree) as Ares seeks to centralize key activities within an evolving platform
- Work on system integration to optimize wire flow
- Build strong global banking and vendor relationships
Education
- Bachelor’s degree in Finance or other business related discipline
- MBA, CFA and/or CPA preferred but not required
Experience Required: Minimum of 6 years of experience in high quality, global capital markets or investment management firms with expertise in Investment Operations related functions
- Experience in Investment Operations in any of middle office, back office and/or compliance preferred
- Prior experience with an alternative asset manager preferred
- Strong knowledge of various asset classes, primarily focused on credit/fixed income, derivatives, and FX with an emphasis on bank debt and high yield/alt credit
- Experience with Hazeltree, Everest, Coupa, Wall Street Office, Geneva, and/or IVP data management platforms preferred
- Understanding of basic accounting theories
- Experienced with a diverse set of investment vehicles such as Institutional Separate Accounts, SMA/Limited Partnerships, Open\-End Mutual Funds, Closed\-End Funds and UCITs, CLOs, and complex fund structures
- Hedge fund, Credit or Private Equity experience is a plus
- Intermediate\-level technical acumen for solutioning complex problems using common enterprise tools (report writers, SQL, Excel, etc.)
General Requirements
- Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format, a keen eye for attention to detail
- 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
- Proven outstanding communication (written and verbal), presentation, documentation, and interpersonal skills
- A hands\-on approach and ability to synthesize business operations and talent needs
- Ability to successfully manage multiple priorities and competing demands
- High accuracy and detail orientation
- Good judgment in terms of escalating issues vs. solving problems independently
- A solutions\-oriented, self\-starter and ability to see the big picture
- Comfort in dealing with ambiguity and uncertainty in a dynamic and fast\-paced environment
- Ability to be flexible in terms of hours in order to coordinate with team members across various time zones
- An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes
- Dependable, great attitude, highly motivated and a team player
- Strong written and verbal communications skills
- Familiarity with standard activities carried out by financial intermediaries such as investment banks, broker/dealers, Prime Brokers, etc
- Strong knowledge of financial payment types and processing
- Strong knowledge of swift and ACH is a must have
- Knowledge of complex fund structures a plus
- Strong knowledge of various asset classes, primarily focused in the area of credit/fixed income, derivatives, and FX with an emphasis on bank debt and high yield/alt credit a significant plus
- *Reporting Relationships**
Associate Vice President, Treasury Operations*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.*
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Job Overview
- Job type
- Full-time
- Work mode
- On-site
- Location
- Mumbai
- Posted
- 4d ago
- Source
- Indeed