Vice President, Global Asset Servicing (Investment Operations) (New York)

Vice President, Investment Operations

Ares is seeking a Vice President to join its Investment Operations team in New York. This role is integral to overseeing global asset servicing functions and collaborating with stakeholders across business lines and corporate functions. The ideal candidate will lead the global asset servicing team, manage relationships with fund administrators and custodians, and drive systemic and procedural process improvements.

This position requires experience with corporate actions and loan servicing, with expertise in Wall Street Office. The candidate should be adept at managing complex workflows and building strong partnerships with asset servicing teams in Los Angeles and Mumbai, as well as cross functionally across Ares. Experience with bank debt and working with a global client baseincluding pensions, insurance companies, and institutional investorsis essential.

Ares, as an alternative asset manager, has an asset mix which is comprehensive and heavily concentrated in bank debt. The ideal candidate would have experience working with diverse lines of business for a global client base including pensions, insurance, and institutional investors. The role requires a dynamic, adaptive, experienced hands-on professional to ensure best practices in a fast-paced rapidly growing environment.

Primary Functions and Essential Responsibilities : Key responsibilities include, but are not limited to :

• Lead the Global Asset Servicing team, streamlining manual processes and implementing scalable workflows.
• Serve as the primary escalation point for asset servicing inquiries and high risk breaks; proactively identify and address root causes.
• Oversee fund administrators, identify recurring issues, and collaborate and implement long term solutions.
• Evaluate and integrate innovative industry tools to enhance operational efficiency.
• Drive automation and accuracy through project leadership and process improvement initiatives.
• Analyze daily reconciliations between internal systems and third parties to resolve systemic issues.
• Coordinate asset servicing audit requests with internal and external auditors, consultants, and regulatory bodies (e.g., SEC).
• Prepare and present asset servicing KPIs to senior leadership and stakeholders.
• Maintain rigorous quality control standards and gather feedback to continuously improve workflows.
• Collaborate with finance, offshore partners, deal teams, investment accounting, middle office, treasury, and trustees to ensure seamless communication and issue resolution.

Qualifications : Education :

Experience Required :

General Requirements :

Reporting Relationships : Principal, Global Asset Servicing & Reconciliation

Compensation : $170,000 - $200,000

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.

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.