Senior Associate, Compliance

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.

Summary: Ares is seeking an experienced Senior Associate to join Regulatory Compliance within the Compliance team of Ares Management Luxembourg, which is an AIFM authorized and regulated by the CSSF with a  number of EU branches.  As a member of the Ares Global Compliance Team, this position will be primarily responsible for overseeing the various compliance requirements of Ares’ EU operations including but not limited to conflicts management, completion of the compliance monitoring programme, regulatory reporting, board pack preparation, regulatory watch and assistance with administering Ares’ adherence to the CSSF Circular 18/698. This role requires a motivated, agile, and adaptable compliance professional with a results-oriented approach to resolving various compliance issues and achieving multiple objectives in a fast paced, rapidly growing environment. Ares is a flat, flexible, and dynamic organization. The firm fosters a culture of collaboration, entrepreneurialism, integrity and partnership, both internally amongst colleagues and externally amongst clients and other stakeholders. The Ares team operates with a growth mindset, communicates transparently, and cultivates a high-performance and results-oriented environment. The Ares Compliance Department oversees and manages Ares’ global regulatory compliance and ethics program. Under the leadership of the Global Chief Compliance Officer, the Compliance Department is comprised of functionally and business-aligned teams that operate collaboratively based on the Firm’s overall structure. Primary Functions and Essential Responsibilities: Perform day-to-day tasks of the Compliance Team to ensure the timely, accurate and consistent execution of the firm’s compliance obligations including conflicts management, completion of the compliance monitoring programme, regulatory reporting, and assistance with administering Ares Management Luxembourg’s adherence to the CSSF Circular 18/698; Development, maintenance and broadening of effective working relationships, across the organization, including senior management and within the Compliance Department as well as promoting a strong compliance culture; Assessment of the appropriateness of internal policies, procedures and guidelines, ensure follow-up of any identified deficiencies, make recommendations for amendments, and supervise the implementation of corrective measures to mitigate any identified risks or deficiencies; Regular monitoring of adherence to compliance policies, procedures and instructions by performing regular and comprehensive compliance checks and controls as well as risk assessments, and preparing reports for senior management; Identification of potential areas of vulnerability and risk while developing controls to mitigate risks; Centralisation of information on compliance-related matters; Assist in the creation and delivery of training materials to European staff members; Utilize compliance system technology to leverage information sharing and efficiency of collaboration; Preparation of periodic reports and notification to regulatory authorities; Maintaining and demonstrating a thorough understanding of the regulations applicable to investment related activities, relevant to Ares and its business, and staying abreast of legal and regulatory developments; Active participation in compliance program initiatives and