Data Management Associate recruitment
Core responsiblities:
- Creating/reviewing all security master setups in the Order Management System and Accounting Systems
- Acting as a data administrator and executing routine and targeted data maintenance tasks
- Reviewing cash breaks and asset reconciliations prepared by outsourcing provider and ensuring adherence to accuracy and timeliness standards as set forth in the SLA
- Analyzing of reconciliation reports and determining appropriate action to resolve exceptions between internal and external systems
- Researching and monitoring ratings feeds and applying private ratings and credit estimates
- Working with offshore personnel, ensuring accuracy of offshores work product and making sure that offshore is adequately utilized
A qualified candidate must have one to three years experience in financial services investment managemet middle and back office operations. This role requires knowledge of MIS, Security Master Characteristics of Bank Debt, Bonds, Equity, CDS, Total Return Swaps, Interest Rate Swaps, Currency Forwards, Convertibles, Preferred Equity, Options, Warrants, Rights and Private Placements. Accounting experince and/or knowledge of downstream and upstream implications changes to security master attributes make to the financial statements is required as well as background in corporate credit ratings. The ideal candidate should also have knowledge of investment systems such as Advent Geneva, Wall Street Office or BMS Everest. A BS/BA degree in Finance or related field and proficiency in MS Office and Bloomberg API is a plus.
Ares Management LLC (“Ares”), an SEC registered investment adviser, is a leading investment firm focused on alternative credit-based strategies, including private equity, private debt and capital markets activities. The Firm has 452 employees and approximately $46 billion* of committed capital under management. Ares has a global presence with offices located in Los Angeles, Atlanta, Chengdu, Chicago, Dallas, Frankfurt, Hong Kong, London, Luxembourg, New York, Paris, Shanghai, Stockholm Washington D.C. Ares’ investment activities are conducted through three business platforms: • Capital Markets Group: Manages U.S. and European senior secured bank loans, high yield bonds, distressed debt and other fixed income investments in a variety of funds and investment vehicles. The group has 38 investment professionals and manages approximately $24 billion of committed capital. • Private Debt Group: Manages the assets of Ares Capital Management and Ares Capital Europe and invests primarily in self-originated / lead- agented first- and second-lien senior loans and mezzanine debt of private middle market companies. The group has 135 investment professionals and manages approximately $16 billion of committed capital. • Private Equity Group: Makes opportunistic majority or shared- control investments, principally in under-capitalized middle market companies. The group has 34 investment professionals and approximately $6 billion of committed capital.