At a Glance
- Tasks: Evaluate and invest in CLO debt and equity securities while collaborating with a dynamic team.
- Company: Ares, a leading investment firm focused on alternative credit strategies.
- Benefits: Inclusive culture, career development opportunities, and a chance to work with top professionals.
- Other info: Ongoing applications accepted; no set deadline.
- Why this job: Join a high-performing team and make impactful investment decisions in a growing industry.
- Qualifications: 4-7 years of CLO experience and strong analytical skills required.
The predicted salary is between 80000 - 120000 € 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 Operations
Ares is an exceptional employer that prioritises a collaborative and inclusive work culture, fostering an environment where diverse talent can thrive. With a strong commitment to employee development and a focus on shared prosperity, Ares offers unique opportunities for growth within the dynamic field of alternative credit investment in London. Joining our team means being part of a respected group known for its sophisticated approach and strong performance in the market.
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 people in the industry, especially those connected to Ares. Attend events, join relevant groups, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your analytical skills! When you get the chance to chat with potential employers, be ready to discuss your approach to evaluating CLO investments. Bring examples of how you've tackled complex problems in the past – it’ll show you’re the right fit for their dynamic team.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to pop up. Use our website to apply directly and follow up with a friendly email. Express your enthusiasm for the role and how you align with Ares’ core values. It shows initiative and can set you apart from the crowd.
✨Tip Number 4
Prepare for interviews by diving deep into the CLO market. Familiarise yourself with recent trends, key players, and performance metrics. This will not only boost your confidence but also demonstrate your commitment to understanding the industry and Ares’ investment strategies.
We think you need these skills to ace Vice President, Alternative Credit - CLOs in London
Some tips for your application 🫡
Show Your Analytical Skills:When writing your application, make sure to highlight your analytical approach. We want to see how you assess risks and value in investments, especially in CLOs. Use specific examples from your experience to demonstrate your expertise.
Be Clear and Concise:Your written application should be straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your investment thesis is easy to understand. Remember, we’re looking for strong communication skills!
Emphasise Collaboration:Since we work closely as a team, it’s important to showcase your collaborative spirit. Mention any experiences where you’ve successfully worked with others to achieve a common goal, especially in fast-paced environments.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. Don’t miss out on being part of our dynamic team!
How to prepare for a job interview at Ares Operations
✨Know Your CLOs Inside Out
Make sure you brush up on your knowledge of CLOs, especially the European market. Be prepared to discuss recent trends, key players, and how different tranches perform under various market conditions. This will show that you're not just familiar with the basics but have a deep understanding of the field.
✨Demonstrate Your Analytical Skills
Since the role requires a rigorous analytical approach, come ready to showcase your problem-solving skills. Prepare examples of past analyses you've conducted, particularly those involving data analysis or scenario assessments. This will help illustrate your ability to evaluate investment opportunities effectively.
✨Emphasise Collaboration
Ares values teamwork, so be sure to highlight your collaborative experiences. Share specific instances where you worked closely with others to achieve a common goal, especially in fast-paced environments. This will demonstrate that you can thrive in their dynamic team setting.
✨Prepare Thoughtful Questions
At the end of the interview, you'll likely have the chance to ask questions. Use this opportunity to inquire about Ares' investment strategies or how they assess risk in their portfolios. Thoughtful questions will show your genuine interest in the role and the company, making you stand out as a candidate.
