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 known for its sophisticated Alternative Credit strategy.
- Benefits: Competitive salary, professional development, and opportunities to work with top industry professionals.
- Other info: Opportunity for career growth in a collaborative and innovative investment culture.
- Why this job: Join a high-performing team and make impactful investment decisions in a fast-paced environment.
- Qualifications: 4-7 years of CLO experience and strong analytical skills required.
The predicted salary is between 50000 - 70000 £ per year.
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
Vice President, Alternative Credit - CLOs employer: aresmgmt
Ares Management is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. With a strong focus on employee growth and development, Ares provides ample opportunities for professional advancement while fostering a culture of teamwork and innovation. Employees benefit from being part of a leading global asset manager, where they can engage with industry experts and contribute to impactful investment strategies.
StudySmarter Expert Advice🤫
We think this is how you could land Vice President, Alternative Credit - CLOs
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like aresmgmt, who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like aresmgmt.
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like aresmgmt.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including aresmgmt, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Vice President, Alternative Credit - CLOs
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like aresmgmt want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to aresmgmt.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at aresmgmt will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to aresmgmt. Numbers speak louder than words!
How to prepare for a job interview at aresmgmt
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like aresmgmt want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing witharesmgmt.
