Senior Associate, Investment Operations

Singapore, Singapore

Job Description


Over the last 20 years, Aresxe2x80x99 success has been driven by our people and our culture. Today, our team is guided by our core values xe2x80x93 Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy xe2x80x93 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.Summary:The successful candidate sits within Ares Singapore and will be part of the Investment Operations Team in Asia. The Investment Operations group supports all aspects of investment support working very closely with the Investment team on both credit and private equity deals. The Investment Operations Team in Asia comprises Portfolio Managers (PM(s)) with each PM leading a deal from an operational perspective by working closely with the deal lead from Investment Team. Each PM thus holds a deal portfolio which he/she actively manages; including taking help from within the Team (e.g. Associates/Senior Associates) accordingly.Primary Functions & Essential Responsibilities:

  • Provide support in ensuring the investing infrastructure is ready for execution of investments. This include amongst others the following:
  • Assist with onshore account openings with banks, custodians, intermediary platforms, and brokers;
  • Assist with license applications specifically required for investing in onshore jurisdictions;
  • Assist with KYC and AML compliance for accounts in India and other jurisdictions;
  • Prepare tax residency applications for investing entities and ensure ongoing maintenance.
  • Provide timely transaction management to key stakeholders (e.g. Investment Team) from an operational perspective; This includes assisting during pre-funding phase, approval processes, funding of transaction and post-funding monitoring/repatriation of receipts
  • Works closely and assist PM in deal structuring and execution matters
  • Effective stakeholder management (i.e. Investment team, Fund Accounting team, Asset Management Team, Compliance Team, Legal and Corporate Secretarial team, bankers, custodians other stakeholders) to ensure timelines of deal closing are adhered to
  • Manage investment proceeds, ensuring timely receipt, effective repatriation, and necessary follow-up actions.
  • Coordinate with the Investment Team and Asset Management Team on outstanding/delayed receipts and work together on resolution of such matters.
  • Scheduling various committee meetings/board meetings and ensure investment minutes are drafted and followed up with
  • Maintain operational records (centralized or decentralized) and control files of each investment
  • Maintain and review monitoring trackers for various investment related controls and datapoints to ensure robust investment monitoring
  • Assist in scaling long term capabilities, which could include technology applications for operational monitoring activities to be executed in an efficient and effective manner
  • Keeping abreast with the changing regulations and analyzing its impact on the existing operations
  • Participate in identifying, establishing and implementing strong processes, and robust operating models, systems and governance in deal execution activities from an operational perspective
  • Any other operational duties required of the individual which could fall under the investment life cycle
Education:
  • Bachelors degree required, preferably in Business Administration, Accounting or Finance; with exceptional academic record
  • Other disciplines are also welcomed
Skills and Abilities Required:
  • Accounting / finance background with at least 3 years post qualification experience
  • Relevant experience in a similar role in a fund management company would be favourably considered
  • Experience with Singapore regulations, international tax laws and good understanding of MAS Fund Management regime would be an added advantage
  • Excellent command of written and spoken English
  • Proficiency in MS Excel and Word
  • Self-motivated, highly adaptable, proactive, highly detailed oriented, hands-on, solution oriented, display good judgement and logical decision making apart from highly developed technical skills
  • Be both independent and a team player, being able to operate in a highly fast-paced and dynamic environment.
  • A strong desire and personality to work and develop within an operations function
About Ares AsiaWith a pan-Asian presence, Ares Asia is one of the largest alternative asset managers in Asia-Pacific with approximately US$14.8 billion in assets under management. Led by a highly experienced management team that has delivered attractive investment performance across various market cycles, transaction types and Asian countries, Ares Asia leverages its broad geographical footprint and extensive infrastructure in the region to make credit, private equity, and special situations investments on behalf of its institutional client base.Ares Asiaxe2x80x99s team has been consistently recognized for industry accolades, including Private Debt Investorxe2x80x99s Distressed Debt Investor of the Year, Asia-Pacific in each of the last six years. Ares Asia was founded in 2009 as SSG Capital and was renamed after the acquisition in July 2020 by Ares Management Corporation (NYSE: ARES).About Ares ManagementAres Management Corporation (xe2x80x9cAresxe2x80x9d or the xe2x80x9cFirmxe2x80x9d) is a publicly traded (NYSE: ARES), leading global alternative asset manager with approximately $464 billion of assets under management (xe2x80x9cAUMxe2x80x9d) and over 3,140 employees. We seek to deliver attractive performance to our investor base across our investment groups and strategies, including credit, real assets, private equity, and secondaries. The Firm is headquartered in Los Angeles with offices across the United States, Europe, Asia and Australia.Ares Management LLC (together with its related operating and administrative subsidiaries, xe2x80x9cAres Managementxe2x80x9d) 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.Reporting Relationships Principal, Investment OperationsThere 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 Wealth Management Solutions

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Job Detail

  • Job Id
    JD1493901
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned