Associate Vice President, Compliance Testing & Monitoring

Monitoring & Testing Associate Vice President

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.

The Ares Compliance Department oversees and manages Ares' global regulatory compliance and ethics program. Under the leadership of the Chief Compliance and Regulatory Officer, the Compliance Department is comprised of functionally and business-aligned teams that operate collaboratively based on the Firm's overall structure : Investment Adviser Compliance, which oversees implementation of global policies and procedures as well as Regulatory Reporting and Compliance testing; Marketing & Distribution Compliance, focusing on global marketing and investor relations, including compliance for Ares' registered broker-dealers; Regulated Funds Compliance, which oversees the compliance for advised and sub-advised registered funds and public companies; Information Management and Trade Surveillance Compliance, which administers the Code of Ethics, Control Room and trade surveillance program; Financial Crime Prevention, which administers Ares' Global Anti-Money Laundering and Counter-Terrorism Financing Program; and Compliance Operations, which oversee the department's operational and reporting functions with a focus on regulatory reporting and management of strategic initiatives; and the EMEA and APAC-based Compliance programs.

Ares is seeking a Monitoring & Testing Associate Vice President to join our Compliance team. The ideal candidate will play a key role in assessing the firm's adherence to regulatory requirements and internal policies through comprehensive reviews and risk evaluations. The ideal candidate will identify potential compliance risks, investigate breaches, and partner with Compliance policy owners in recommending effective corrective actions. This role also includes oversight of critical components of the firm's monitoring and testing program, with a strategic focus on enhancing the overall compliance framework.

Reports to : Vice President, Compliance Monitoring & Testing

Supervises : n / a

Primary functions & responsibilities :

• Conduct and oversee ongoing compliance testing across all relevant areas.
• Review electronic surveillance findings, collaborate with policy owners, and manage reporting and detailed testing workpapers that support findings and outcome.
• Identify compliance risks and control deficiencies, and recommend corrective actions and enhancements based on testing results.
• Utilize strong communication skills to collaborate effectively with compliance teams, senior business management, and oversee third-party service providers.
• Lead and participate in special projects aimed at enhancing efficiency in testing, centralizing compliance testing, and improving the monitoring and testing program.

Qualifications :

General Requirements :

Compensation : $135,000-$175,000

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.