Vice President, Alternative Credit - CLOs in London
Vice President, Alternative Credit - CLOs

Vice President, Alternative Credit - CLOs in London

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
Ares Management Corporation

At a Glance

  • Tasks: Evaluate and invest in CLO debt and equity securities while collaborating with a dynamic team.
  • Company: Join Ares Management, a leading global alternative investment manager with a collaborative culture.
  • Benefits: Enjoy a competitive salary, inclusive work environment, and opportunities for professional growth.
  • Why this job: Make a real impact in the finance industry by working on innovative investment strategies.
  • Qualifications: 4-7 years of CLO experience and strong analytical skills required.
  • Other info: Ongoing applications accepted; diverse backgrounds encouraged to apply.

The predicted salary is between 43200 - 72000 £ per year.

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – 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.

Ares’ Alternative Credit strategy focuses on investing in businesses and assets that generate contractual cash flows and fills gaps in the capital markets between credit, private equity and real assets. Ares is looking for an investment professional to add to our Alternative Credit Group in London on the strategy team that invests in CLO debt and equity securities. The Team is one of the most active and experienced of its kind in the market today with a reputation for its sophistication and strong performance. The Team continues to experience significant AUM growth across a range of funds and accounts, including publicly-traded and open-ended funds, and across a range of investment strategies. The qualified candidate will predominately focus on investing in European CLO tranches, both equity and debt.

Working collaboratively with other Team members, the investment professional will be involved in all aspects of our investment process from sourcing investment opportunities to analysis and evaluation, making recommendations, performance monitoring, and assistance with portfolio risk management. A significant amount of the time will be spent on analyzing the CLO market, through analytical dives into bank loans and issuance to develop theses on risk and issuance. In addition, the role involves regular interaction with other professionals within Ares, and externally with counterparties, CLO managers, and other market participants. Thus, the ideal candidate will have a rigorous analytical approach to problem solving and will thrive in a dynamic team environment.

Primary functions and essential responsibilities

  • Evaluate new, potential CLO investments (including debt and equity tranches) which includes:
  • assessment of the structure and legal documentation
  • assessment of the collateral portfolio
  • assessment of the CLO manager
  • apply various qualitative and quantitative methods, including data analysis and scenario analysis, to assess the relative risk and relative value of potential investments
  • prepare and present an investment recommendation that is clear, concise and articulates the investment thesis and relevant risks, and that demonstrates excellent investment judgment
  • Using various qualitative and quantitative methods, monitor an assigned portfolio of existing investments to assess performance and to identify developing risks or trends
  • Periodically and regularly meet with CLO managers to discuss individual credits, trading activity, credit risk, performance and potential new business. Share assessment and findings with Team members.
  • Work closely and collaborate with Ares credit research professionals to assess specific credit risks
  • Participate in various client meetings, including prospective clients, and represent Ares and the Team with professionalism
  • Contribute to various Team projects to further strengthen or enhance our investment process
  • Qualifications

    Education: Higher level undergraduate degree required

    Experience Required: Four to seven years of direct experience with CLOs.

    General Requirements:

    • Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment.
    • Strong verbal and written communication skills that demonstrate an ability to articulate a clear, concise analysis of investment risk and relative value.
    • Evidence of intellectual curiosity, creative problem-solving skills, and adaptability.
    • Desire to learn new skills and technology that are particular to the Team’s investment platform
    • European languages abilities considered a plus

    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.

    Vice President, Alternative Credit - CLOs in London employer: Ares Management Corporation

    Ares Management is an exceptional employer, offering a dynamic and inclusive work environment in London where collaboration and innovation thrive. With a strong commitment to employee development and a culture rooted in core values, Ares provides ample opportunities for growth within the alternative credit sector, making it an ideal place for professionals seeking meaningful and rewarding careers.
    Ares Management Corporation

    Contact Detail:

    Ares Management Corporation Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Vice President, Alternative Credit - CLOs in London

    ✨Tip Number 1

    Network like a pro! Reach out to your connections in the finance and investment sectors, especially those who have experience with CLOs. A friendly chat can lead to insider info about job openings or even a referral.

    ✨Tip Number 2

    Prepare for interviews by diving deep into CLO market trends. Show off your analytical skills by discussing recent developments and how they impact investment strategies. This will demonstrate your expertise and passion for the role.

    ✨Tip Number 3

    Don’t just wait for job postings; be proactive! Research companies like Ares and reach out directly. Express your interest in their work and ask if they have any upcoming opportunities. You never know what might come up!

    ✨Tip Number 4

    When you get an interview, remember to showcase your collaborative spirit. Talk about past experiences where you worked in teams to solve complex problems. Ares values teamwork, so let them see how you fit into their culture!

    We think you need these skills to ace Vice President, Alternative Credit - CLOs in London

    Investment Analysis
    CLO Investment Knowledge
    Risk Assessment
    Data Analysis
    Scenario Analysis
    Performance Monitoring
    Communication Skills
    Problem-Solving Skills
    Collaboration
    Portfolio Risk Management
    Legal Documentation Assessment
    Credit Risk Assessment
    Client Interaction
    Adaptability
    Intellectual Curiosity

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Vice President, Alternative Credit role. Highlight relevant experience with CLOs and any analytical skills that align with the job description. We want to see how your background fits into our team!

    Craft a Compelling Cover Letter: Your cover letter should tell us why you're passionate about alternative credit and what makes you a great fit for Ares. Use specific examples from your experience to demonstrate your analytical approach and collaborative spirit.

    Showcase Your Analytical Skills: Since this role involves a lot of analysis, make sure to highlight your quantitative and qualitative skills in both your CV and cover letter. We love candidates who can dive deep into data and come up with insightful recommendations!

    Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at Ares.

    How to prepare for a job interview at Ares Management Corporation

    ✨Know Your CLOs Inside Out

    Before the interview, dive deep into the world of CLOs. Understand the current market trends, key players, and recent developments. Being able to discuss specific CLO structures and their implications will show your analytical prowess and genuine interest in the role.

    ✨Showcase Your Analytical Skills

    Prepare to demonstrate your analytical approach during the interview. Bring examples of how you've assessed investment opportunities in the past, particularly focusing on qualitative and quantitative methods. This will highlight your ability to evaluate risk and value effectively.

    ✨Collaborative Spirit is Key

    Since the role involves working closely with team members and external partners, be ready to discuss your experience in collaborative environments. Share examples of how you've successfully worked in teams to achieve common goals, showcasing your interpersonal skills.

    ✨Articulate Your Investment Thesis

    Practice presenting a clear and concise investment recommendation. Be prepared to explain your thought process and the rationale behind your decisions. This will not only demonstrate your investment judgment but also your communication skills, which are crucial for this role.

    Vice President, Alternative Credit - CLOs in London
    Ares Management Corporation
    Location: London

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