Senior Associate, Alternative Credit
Company: Ares Operations
Location: Atlanta
Posted on: April 1, 2026
|
|
|
Job Description:
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. Job Description Ares is a leading participant in the
global asset-based finance markets with approximately $45.9 billion
of assets under management (“AUM”) invested across multiple,
actively managed funds as of March 31, 2025. The Alt Credit Team
today comprises over 80 investment professionals located primarily
in three Ares offices: New York City, Atlanta, and London. Ares’
Alt Credit platform employs strategies that are asset-focused,
making investments backed by assets and contractual cash flows such
as loans, leases and receivables. Alt Credit fills gaps in the
capital markets between credit, private equity and real estate,
investing across a spectrum of liquid and illiquid opportunities
that include various specialty finance sectors, net leases,
structured products, cash flow streams (e.g., royalties, licensing,
management fees), and other asset types. Alt Credit has a broad
range of sub-strategies designed to be client-focused and
solutions-based with three main formats: pure play, customized and
flagship funds. Primary functions and essential responsibilities:
Ares is seeking a Senior Associate to join our Alternative Credit
Group in the New York office. This strategy focuses on delivering
strong risk adjusted excess return over investment grade corporates
for insurance balance sheets, with a focus on whole loan
acquisitions and privately originated asset-based opportunities.
The qualified candidate will have a proven track record in
sourcing, structuring, and underwriting asset-based financing and
forward flow transactions. Illustrative examples of asset types
include consumer loans, student loans, lender finance,
infrastructure, transportation, and royalties. The ideal candidate
will also have experience in rating agency methodologies. The ideal
candidate will be able to operate independently with core
responsibilities in sourcing and execution. The candidate should
have significant experience interacting with portfolio companies,
rating agencies, banks, legal counsel, and have familiarity with
investing insurance capital. Primary functions and
responsibilities: Financial Modeling & Analysis: Thoroughly analyze
and underwrite potential investments including reviews of
collateral tapes, historical performance, facility structure, and
develop quantitative models to conduct scenario analysis. Strong
proficiency with Intex or Python preferred. Due Diligence: Lead due
diligence processes including management due diligence, data
analysis, and lead all third party work flows including counsel,
rating agencies, and other groups as appropriate to facilitate
successful closing of transactions. Documentation: Lead
documentation processes and negotiations with counterparties.
Significant expertise in assembling term sheets, commitment
letters, and driving the execution of definitive transaction
documents is required. Portfolio Management: Provide active input
for active portfolio management of transactions in portfolio. This
includes providing oversight and input on transactions and working
with portfolio managers to actively manage and continuously assess
risk and exposure across the portfolios. Qualifications: Superior
academic achievement at a top tier undergraduate program is
required. 6 years of finance experience with direct exposure to
asset-backed transactions, with a preference for investment banking
or buyside experience and familiarity with insurance capital
Demonstrated track record in sourcing and executing privately
originated asset-based opportunities. Strong verbal and written
communication skills that demonstrate an ability to articulate a
clear, concise analysis of investment risk and relative value.
Self-motivated and driven; ability to work effectively in a
collegial, fast moving, demanding, and dynamic environment.
Evidence of intellectual curiosity, creative problem-solving
skills, and adaptability. Sophisticated financial modeling and
analytical capabilities. Reporting Relationships Compensation The
anticipated base salary range for this position is listed below.
Total compensation may also include a discretionary
performance-based bonus. Note, the range takes into account a broad
spectrum of qualifications, including, but not limited to, years of
relevant work experience, education, and other relevant
qualifications specific to the role. $170,000.00 - $200,000.00 The
firm also offers robust Benefits offerings. Ares U.S. Core Benefits
include 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), and Commuter Benefits plan for parking and transit. Ares
offers a number of additional benefits including 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, and much more. 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.
Keywords: Ares Operations, West Seneca , Senior Associate, Alternative Credit, Accounting, Auditing , Atlanta, New York
