Senior Associate, Special Situations, US Direct Lending PMG
Ares Management · New York, NY · 1 mo ago
HybridOTHR$130k–$160k/yrFull-time
Job Description
Ares is seeking a Senior Associate for our U.S. Direct Lending Special Situations team. The Senior Associate will support control equity positions and workouts/restructurings within the U.S. Direct Lending portfolio ($193B in AUM).
Primary Functions And Responsibilities
- Financial modeling and analysis in support of active restructurings and equity-owned portfolio companies
- Experience in 3-statement operational modeling, liquidity analysis, and capital structure modeling preferred
- Supporting performance improvement efforts for owned portfolio companies
- Supporting due diligence efforts in support of active restructurings and owned portfolio companies
- Reviewing and negotiating legal documentation
- Communicating with management teams and advisors in connection with strategy, budgeting, forecasting, and financial performance to understand key trends and drivers of equity-owned portfolio companies
- Drafting and presenting Investment Committee memos to senior leadership
- Utilizing firm’s proprietary software tools for company tracking
Qualifications
- Bachelor's degree or international equivalent
- 4+ years of consulting, credit, private equity, or investment banking experience
- Advanced MS Excel modeling skills
- Advanced MS PowerPoint skills
- Excellent written and verbal communication skills
- Experience reading and analyzing credit, equity, and restructuring related legal documents
- Self-motivated and driven; ability to work effectively in a collegial, fast-moving, demanding, and dynamic environment
- Creative problem solver
- Exceptional interpersonal skills
- Impeccable integrity and trustworthiness
Benefits
- 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)
- Commuter Benefits plan for parking and transit
Pay
The anticipated base salary range for this position is $130,000.00 - $160,000.00. Total compensation may also include a discretionary performance-based bonus.