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 currently searching for a highly motivated, detail-oriented team player to join as an Associate within our Corporate Strategy Group, predominately focused on our SPAC vehicles and associated investments. Ares has sponsored two SPACs to date: Ares Acquisition Corp. I ($1bn SPAC raised in February 2021) and Ares Acquisition Corp. II ($500mm SPAC raised in April 2023). The team also manages a portfolio of public and private debt and equity investments made in connection with our SPAC vehicles, which currently includes two portfolio companies, X-energy and Kodiak AI (NASDAQ:KDK).
Based in Los Angeles, CA or New York, NY, the Associate will report to the Partner in Strategic Initiatives who serves as the Chief Operating Officer of the Ares Acquisition Corporation (“AAC”) vehicles and leads day-to-day operations for AAC. The Associate will be directly involved in all facets of the investment analysis process including opportunity identification, financial modeling, due diligence, industry research, and portfolio monitoring / management. In addition, the Associate may be used as a resource to the broader Corporate Strategy team, if and when a need arises.
This position presents a candidate with a unique opportunity to join a small, entrepreneurial group within Ares with broad exposure to the rest of the firm and to leading public and private company boards and management teams. In addition, the Associate will interact directly with senior professionals across the firm including members of Ares’executive leadership team”.
Reporting relationships
Reports to: Partner, Strategic Initiatives
Supervises: n/a
Primary Functions & Responsibilities
• Screening and identifying new investment opportunities
• Reviewing new transaction opportunities through financial modeling, market analysis, reviewing information memoranda and meeting with Company management
• Preparing complex excel financial models including data and scenario analysis to assess the relative risk and relative value of potential investments
• Communicating with investment banks, consultants, and other third parties relevant to transaction due diligence
• Preparing investment committee memos and board presentations
• Analyzing investment performance including maintaining and updating financial models as well as keeping track of relevant current market activities
Qualifications
Education: Bachelor’s degree with a strong academic record.
Experience Required
• 1-4 years of relevant principal investing or investment banking (preferably with specific experience in Leveraged Finance and/or M&A)
• Investment banking experience with additional experience in Private Equity is preferred
General Requirements
• Self-motivated with the ability to set priorities, multi-task, and monitor own workload to meet aggressive deadlines
• Sophisticated financial modeling and analytical capabilities with a high-level of attention to detail
• Strong analytical skills and the ability to work well with limited supervision
• Private equity caliber drive and ability to work effectively in a fast-moving, demanding, and dynamic environment
• Evidence of adaptability, intellectually curiosity, and creative problem-solving skills
• Strong verbal, interpersonal and written communication skills
• Highly proficient in Excel, PowerPoint and Word
Reporting Relationships
Partner, Chief Operating Officer of Ares Acquisition Corporation II
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.
$140,000 - $160,000 / annum
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.
Job Description
Ares is currently searching for a highly motivated, detail-oriented team player to join as an Associate within our Corporate Strategy Group, predominately focused on our SPAC vehicles and associated investments. Ares has sponsored two SPACs to date: Ares Acquisition Corp. I ($1bn SPAC raised in February 2021) and Ares Acquisition Corp. II ($500mm SPAC raised in April 2023). The team also manages a portfolio of public and private debt and equity investments made in connection with our SPAC vehicles, which currently includes two portfolio companies, X-energy and Kodiak AI (NASDAQ:KDK).
Based in Los Angeles, CA or New York, NY, the Associate will report to the Partner in Strategic Initiatives who serves as the Chief Operating Officer of the Ares Acquisition Corporation (“AAC”) vehicles and leads day-to-day operations for AAC. The Associate will be directly involved in all facets of the investment analysis process including opportunity identification, financial modeling, due diligence, industry research, and portfolio monitoring / management. In addition, the Associate may be used as a resource to the broader Corporate Strategy team, if and when a need arises.
This position presents a candidate with a unique opportunity to join a small, entrepreneurial group within Ares with broad exposure to the rest of the firm and to leading public and private company boards and management teams. In addition, the Associate will interact directly with senior professionals across the firm including members of Ares’executive leadership team”.
Reporting relationships
Reports to: Partner, Strategic Initiatives
Supervises: n/a
Primary Functions & Responsibilities
• Screening and identifying new investment opportunities
• Reviewing new transaction opportunities through financial modeling, market analysis, reviewing information memoranda and meeting with Company management
• Preparing complex excel financial models including data and scenario analysis to assess the relative risk and relative value of potential investments
• Communicating with investment banks, consultants, and other third parties relevant to transaction due diligence
• Preparing investment committee memos and board presentations
• Analyzing investment performance including maintaining and updating financial models as well as keeping track of relevant current market activities
Qualifications
Education: Bachelor’s degree with a strong academic record.
Experience Required
• 1-4 years of relevant principal investing or investment banking (preferably with specific experience in Leveraged Finance and/or M&A)
• Investment banking experience with additional experience in Private Equity is preferred
General Requirements
• Self-motivated with the ability to set priorities, multi-task, and monitor own workload to meet aggressive deadlines
• Sophisticated financial modeling and analytical capabilities with a high-level of attention to detail
• Strong analytical skills and the ability to work well with limited supervision
• Private equity caliber drive and ability to work effectively in a fast-moving, demanding, and dynamic environment
• Evidence of adaptability, intellectually curiosity, and creative problem-solving skills
• Strong verbal, interpersonal and written communication skills
• Highly proficient in Excel, PowerPoint and Word
Reporting Relationships
Partner, Chief Operating Officer of Ares Acquisition Corporation II
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.
$140,000 - $160,000 / annum
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.
💡 Quick Summary
Seeking a career-building opportunity? The Associate, Strategic Initiatives position is now open for candidates interested in the Operations Executive Jobs sector. This role in Los Angeles offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Operations Executive Jobs is a plus.
