At a Glance
- Tasks: Evaluate and invest in CLO debt and equity securities while collaborating with a dynamic team.
- Company: Join Ares, a leading firm known for its collaborative and inclusive culture.
- Benefits: Enjoy a competitive salary, professional development, and a supportive work environment.
- Other info: Ongoing applications accepted; thrive in a fast-paced, innovative environment.
- Why this job: Make a real impact in the growing alternative credit market with a top-tier team.
- Qualifications: 4-7 years of CLO experience and strong analytical skills required.
The predicted salary is between 72000 - 108000 £ 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.
Reporting Relationships
Partner, Portfolio Manager, Alternative Credit
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 employer: Ares Management
Ares is an exceptional employer that prioritises a collaborative and inclusive work culture, fostering an environment where diverse talents can thrive. As an Associate Vice President, Product Manager in Credit Technology, you will have the opportunity to shape innovative technology products that enhance investment decision-making while benefiting from robust career development programmes and a commitment to employee growth. Located in a dynamic industry, Ares offers a unique chance to be part of a team dedicated to driving shared prosperity and a better future.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Alternative Credit - CLOs
✨Tap into Campus Networks
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We think you need these skills to ace Vice President, Alternative Credit - CLOs
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ares Management.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ares Management's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ares Management
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ares Management.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Ares Management employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
