Ares Management · 1 month ago
Senior Associate, Global Reconciliations
Los Angeles, CA - Century City
Full-time
Onsite
Mid, Senior Level
$120K/yr - $140K/yr
5+ years expAres Management is a leading investment management firm committed to fostering a welcoming and inclusive work environment. The Senior Associate, Global Reconciliations will proactively manage reconciliation processes, resolve discrepancies, and enhance workflows while ensuring compliance with internal and regulatory policies.
Asset ManagementBusiness DevelopmentCreditFinanceFinancial ServicesInsurance
Responsibilities
Proactively research, resolve and prevent all cash and par breaks with custodian banks and third-party administrators
Assist with the daily management and operation of the reconciliation process including cash, par and non-custody reconciliations with both custodian bank and paying agents across all funds
Direct fund administrators and custodian banks on appropriate processing and review/reconcile processing output for accuracy while looking for root cause issues
Assist in preparing daily, weekly, monthly, and quarterly KPIs to track trends and workflow issues
Maintain high standard of quality controls
Reconcile and resolve contract and facility level loan positions between WSO, Geneva and Third-Party Administrators
Influencing and participating in decisions on policies/procedures designed to ensure compliance with internal, legal, and regulatory policies and ensure changing business requirements are met
Work with all internal and external stakeholders to improve and enhance recon team workflows
Contribute ideas and recommendations to improve process efficiencies and increase risk mitigation
Participate in meetings representing the recon team and participate in department initiatives such as system enhancements, off hours testing and new business conversions as necessary
Qualification
Required
Bachelor's degree in Finance or other business-related discipline
Minimum 5-7 years of investment management operations experience with high emphasis on bank loan operations and reconciliation
Management firms with expertise in Investment Operations and Reconciliation related functions
Strong knowledge of various asset classes, primarily focused in the area of credit/fixed income, derivatives, and FX with an emphasis on bank debt and high yield/alt credit
Strong understanding of the bank loan industry and standards
Familiarity with standard activities carried out by financial intermediaries such as investment banks, broker/dealers, Prime Brokers, etc
Proficient in Microsoft Outlook, Word, Wall Street Office and Geneva, as well as PowerBI and Python
Direct experience partnering with the business units to ensure operational efficiency and collaborative outcomes
Experience working with an outsource/offshore service provider
Experience working with custodian and agent banks
Understanding of basic accounting theories
Extremely detailed oriented with a proven track record for accuracy
Ability and desire to work in a fast pace and dynamic environment often requiring fast solutions to complex problems
Display outstanding written and verbal communication and interpersonal skills
A self-starter with excellent verbal and written communication skills
Strong control focus and ability to challenge streamline processes
Problem-solving mindset, willing to roll up the sleeves
Well organized, high attention to detail – role directly informs investment decisions
Ability to follow up and see issues to final resolution
Forward and proactive thinking and ability to find ways to prevent both cash and par breaks
Strong control focus and ability to challenge streamline processes Ability/Willingness to continuously develop and maintain 'next-level' understanding of Ares business philosophy and activities
Preferred
Hedge fund, Credit or Private Equity experience is a plus
Benefits
Comprehensive Medical/Rx
Dental and Vision plans
401(k) program with company match
Flexible Savings Accounts (FSA)
Healthcare Savings Accounts (HSA) with company contribution
Basic and Voluntary Life Insurance
Long-Term Disability (LTD) and Short-Term Disability (STD) insurance
Employee Assistance Program (EAP)
Commuter Benefits plan for parking and transit
Access to a world-class medical advisory team
A mental health app that includes coaching, therapy and psychiatry
A mindfulness and wellbeing app
Financial wellness benefit that includes access to a financial advisor
New parent leave
Reproductive and adoption assistance
Emergency backup care
Matching gift program
Education sponsorship program
Company
Ares Management
Ares Management is an alternative asset manager focusing on credit, private equity, and real estate.
1001-5000 employees
H1B Sponsorship
Ares Management has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$5.4B2025-10-29Post Ipo Equity· $1.5B
2025-01-09Post Ipo Equity· $2.3B
2024-10-09Post Ipo Debt· $750M
Leadership Team
Michael Arougheti
Director, Co-Founder & Current CEO
Antony Ressler
Co-Founder, Director and Executive Chairman
Recent News
2026-02-04
2026-02-04
2026-02-04
Company data provided by crunchbase