AVP, Enterprise Risk Management
Primary Functions And Essential Responsibilities
- Work alongside team members to implement and enhance robust risk processes and tools as part of the enterprise risk framework
- Partner with investment and business operations teams across the platform to assist with risk identification, assessment, mitigation and monitoring of key enterprise risk exposures
- Monitor, analyze and report on key counterparty risk metrics
- Collaborate with various stakeholders to develop risk response plans for select risks
- Determine and automate existing manual processes by creating tools and other technology solutions
- Conduct detailed reviews of internal/external risk events and summarize lessons learnt
- Maintain the internal risk database, produce dashboard reporting, prepare meeting materials, and assist with ad-hoc initiatives to meet evolving stakeholder expectations
- Stay informed on industry trends, developments and leading practices to advance our ERM program
Qualifications
- Education: Bachelor’s degree in Business Administration, Finance, Economics, or a related field from an accredited university
- Experience And Skills Required: 5–7 years of relevant work experience in investment management, banking, or financial services consulting
- Strong understanding of the alternative investment management business, risks and trends
- Strong understanding of enterprise risk management concepts (e.g., risk identification and measurement, risk appetite and limits, risk mitigation and response)
- Strong understanding of credit/counterparty/liquidity/market risks and metrics
- Prior experience with Tableau/Power BI/SQL a plus, but not required
- Risk and control attitude: ability to ask incisive questions, converge on critical matters, escalate issues
General Requirements
- Strong organizational, documentation, analytical, presentation, and communication skills (written and verbal)
- Ability to work in a fast-paced and dynamic environment, often requiring fast solutions to complex problems
- Ability to successfully manage several priorities and competing demands, strong time management and prioritization skills
- A self-directed individual with a can-do attitude, willing to work in an energetic and collaborative setting, proactive in nature, and a proven ability to learn quickly, display flexibility and adaptability while resolving issues with minimal direct supervision
- An analytical mind and a passion/interest in bringing new insights to increase efficiency of existing processes
- Good judgment in terms of raising issues vs. solving problems independently
- Outstanding social skills and strong client focus
- Dependable, highly motivated and a great teammate
- Willingness to take on new projects and learn new skills
Pay
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.
- $145,000 - $165,000 / annum
Benefits
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.