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Associate, Performance & Attribution

Employer
Ares
Location
Culver City, California
Salary
Base Salary + Bonus and Benefits
Closing date
Oct 12, 2019

View more

Job Function
Corporate Finance, Performance Analysis
Industry Sector
Asset Management
Certifications
Passed CFA Level I, CIPM Certificant
Employment Type
Full Time
Education
Bachelors

Job Details

SUMMARY

This Los Angeles based position is within the Performance & Attribution team of Ares Management LLC.
The Performance & Attribution team fosters a collaborative environment, interacting with different departments within the firm. The associate will be responsible for data validation and generating a plethora of ad-hoc, daily, monthly, and quarterly performance & attribution reports for the portfolio management and investor relations teams within the Tradable Credit and Direct Lending business units. 

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES
 

  • Performance Measurement: Calculate security, sector, and total-level performance results for use in internal, client, and shareholder reporting, and performance composites.
  • Performance Evaluation and Analysis: Calculate and interpret single period and multi-period contribution and attribution results, and performance-based risk and appraisal metrics for portfolio management and investor relations teams.
  • Investor Relations Support: Fulfill ad hoc client and marketing requests, and answer DDQ and RFP questions.
  • Data Integrity and Analysis: Ensure that data properly flows from the accounting system to the performance system, troubleshoot issues, and evaluate how to process new transaction types.
  • Compliance: Adhere to procedures designed to ensure compliance with the Global Investment Performance Standards (GIPS) and SEC regulations.
  • Strategic Projects: Assist with planning and executing strategic projects such as onboarding assets from acquisitions, performance system development, and integrating non-supported business units.
  • Process Optimization: Help develop innovative solutions to increase efficiency and enhance reporting and analytical capabilities of the team.


QUALIFICATIONS

Education: 

  • Education/Certification: Bachelor's degree in a business-related or quantitative field preferred (e.g. economics, statistics, mathematics, finance, accounting, etc.).
  • Candidate with CFA charter and/or CIPM designation is desirable.
  • Commitment to pursue CIPM designation is required for candidates without CFA charter or CIPM designation.


Experience Required: 
1 - 3 years of performance-related experience is required. Portfolio accounting-related experience is a plus.

General Requirements: 

  • Understand performance concepts, including contribution, attribution, multi-period contribution and attribution smoothing techniques, performance-based risk and appraisal metrics, basic portfolio accounting, and application of the GIPS standards.
  • Strong fixed-income product knowledge, including leveraged loans, high yield bonds, derivatives, and other fixed income instruments.
  • Excellent communication and analytical skills.
  • Ownership of work with a high focus on service.
  • Ability to work collaboratively in a team environment.
  • Process oriented with the ability to identify inefficiencies and suggest workable solutions to streamline tasks.
  • Multi-task, prioritize, and meet deadlines with limited direction.
  • Strong attention to detail with high level of accuracy and process ownership.
  • Excellent MS Excel skills that include the ability to create and manipulate pivot tables and write complex formulas.
  • Experience using Eagle PACE, Advent Geneva, and Bloomberg is desirable.
  • Basic understanding of Python, SQL, Tableau, and database structuring a plus.


REPORTING RELATIONSHIPS

Reports to: Vice President, Performance & Attribution

Company

Ares Management Corporation (“Ares” or the “Firm”) is a publicly traded, leading global alternative asset manager with approximately $131 billion of assets under management ("AUM") and over 1,000 employees. We seek to deliver attractive performance to our investor base across our investment groups and strategies, including credit, private equity and real estate. The firm is headquartered in Los Angeles with offices across the United States, Europe, Asia and Australia. Its common units are traded on the New York Stock Exchange under the ticker symbol "ARES".

Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) 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.

Company info
Website
Telephone
3104328869
Location
800 Corporate Pointe
Culver City
Culver City
California
90230
US

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