Bachelor's Degree required, preferably from a top university with strong academic achievement
Advanced Degree preferred
Experience Required:
10-12 years of compliance experience within the financial services industry, preferably at a global asset management or private equity firm
10+ years of Code of Ethics related work
A strong understanding of SEC regulations, with a particular focus on the Investment Advisers Act of 1940
Experience with non-U.S. regulatory requirements for investment managers
Proven people leader - hiring, developing, and fostering talent; building high-performing and well-coordinated teams; driving change across scaled and global teams
Ability to effectively partner with global staff inside and outside of the department
Proven ability to develop long-term strategy, reflecting multiple dimensions (business compliance/controls, people, and culture) and supporting multiple objectives
Exceptional critical thinker
Strong business judgment
Ability to manage up and communicate efficient
Benefits
Equity / stock options
Additional Information
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
The Ares Legal and Compliance Department oversees and manages Ares' global Legal, Regulatory and Compliance functions and programs. Under the leadership of the Global Chief Compliance Officer, the Compliance and Regulatory functions are comprised of teams that operate collaboratively with a global focus, including Regulatory, which oversees all global regulatory matters including the Advisers Act, Investment Company Act and FINRA; European and Asia Pacific Compliance, which oversees region-specific compliance and regulatory matters; Investment Adviser Compliance (including Code of Ethics), which administers global policies and central compliance and oversight functions; and Financial Crime Prevention, which oversees Ares' adherence to financial crimes-related rules and regulations.
Ares is seeking a Vice President to join our Compliance team to serve as a member of the Firm's Code of Ethics program. The ideal candidate will bring a balance of strong management skills and experience managing a team with a demonstrated knowledge of and experience with compliance with a global Code of Ethics program, including a forensic testing and training program. This role will particularly focus on enhancement of policies, procedures and technology of the Firm's Global Code of Ethics program in coordination with the Heads of Compliance for EMEA and APAC.
Primary Functions and Essential Responsibilities
Specific responsibilities include, but are not limited to:
Administer, along with other team members, the Firm's Global Code of Ethics Program including policies governing personal trading, gifts and entertainment, outside business activity, political contributions, and conflicts of interest
Assist in the review for other policy requests related to political contributions, gifts and entertainment, outside business activity, etc.
Lead the global training program for the Legal and Compliance Department and assist with the development of compliance training materials
Assess initial disclosure information for potential conflicts of interest
Act as administrator and systems expert for the system Ares uses to administer the Code of Ethics and other global policies
Coordinate the team's work with brokers for addition of new brokerage accounts or to code new broker feeds into compliance system
Assist with the Firm's lobbyist registrations and GMETL requisitions related to government officials in coordination with the Firm's Head of Financial Crime Prevention
Generate relevant metrics for management regarding Code of Ethics supervisory activities
Identify, investigate, and properly address potential or actual violations
Supervise certain tasks performed by third party compliance support providers and help provide continuous training to improve the process
Facilitate quarterly, annual, and ad hoc policy certifications
Act as one of the primary contacts for responding to policy questions, mostly related to the Code of Ethics
Identify, present recommendations, and ultimately implement solutions for improving processes within the program to build efficiencies and improve workflows
Maintain strong working knowledge of the firm's compliance policies and procedures
Appropriately escalate material compliance issues
Identify and inform of any changes to regulatory requirements relating to Code of Ethics matters
Ares Management · New York, NY