Company logoPosted Jan 18
Full Time
RemoteNew York, New York
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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 Management Corporation (NYSE: ARES) is seeking a highly organized, quick-thinking and proactive paralegal (“Paralegal”) to join its legal team of 50+ attorneys and other legal professionals. The successful candidate will thrive in a fast-paced environment requiring mental agility and the ability to juggle multiple tasks and shifting priorities while maintaining a high level of attention to detail. The Paralegal will provide day-to-day support to the Secondaries Legal team with respect to a variety of recurring tasks and discrete projects.

 

The Paralegal will work on transactions and assist with the formation of funds across Ares’ secondaries private equity, credit, real estate and infrastructure verticals, including attending to AML-KYC requests. As such, experience with legal work is expected and familiarity with legal matters relevant to private equity funds is highly preferable. The Paralegal should possess excellent interpersonal, written and verbal communication skills, attention to detail, organization and time management skills and be a “good corporate athlete” with a great attitude who can work autonomously and anticipate needs in a fast-paced environment. A successful individual in this role will be a proactive self-starter who is comfortable speaking up and running with projects; all while demonstrating strong integrity and professionalism in dealing with both internal and external stakeholders. This role will also require an understanding of the Ares Management platform as a whole and how legal/business issues in the Secondaries Group can impact the entire platform.

 

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.

 

PRIMARY FUNCTIONS AND RESPONSIBILITIES

The Paralegal will be charged with facilitating the efficient functioning of the Secondaries Legal team to enable the timely delivery of high-quality legal services to investment professionals and other functional groups (finance/accounting, investor relations, compliance, etc.) in New York.

 

Critical tasks include:

  • Assist with all aspects of the organization and closing of private funds, separately managed accounts and investment transactions;
  • Manage formation and dissolution of entities, including corporations, LLCs and partnerships;
  • Manage Know Your Client, Anti-Money Laundering requests for underlying investments, including redacting documents and working with various administrators to furnish requested documents;
  • Organize and maintain files, databases, lists and registers relating to fund entities and transactional, regulatory and other legal matters; 
  • Manage registrations and filing requirements relating to private investment funds; and
  • Collaborate with Compliance team to clear conflicts on investment opportunities.

 

QUALIFICATIONS

  • Oversee entity management process, including entity formations, dissolutions, governmental filings and regulatory compliance;
  • Validate and enrich entity information in the firmwide entity database;
  • Review and allocate entity maintenance invoices;
  • Assist with new entity and fund onboarding and account openings;
  • Ensure our legal records are highly organized and complete so documents are easily accessible to users when needed;
  • Prepare resolutions, written consents, certificates and other entity documentation and assist with other tasks to ensure all entity legal formalities are observed;
  • Assist with improving standard forms / precedents and processes;
  • Additional business -related projects as needed.

 

Education/Certification

  • Bachelor’s degree required.
  • Paralegal certificate from an ABA-accredited program or equivalent qualification required.
  • Notary public preferred.

 

Experience

  • Minimum of 2 years of experience functioning as a paralegal.
  • Substantive experience working within a regulated industry, at a law firm or in an in-house legal department is required. A background in asset management (private equity, specifically) is valued.

 

Requirements

  • Skilled with Adobe Acrobat Pro, Microsoft Office Suite and other MS Office software products.
  • Outstanding organizational skills.
  • Excellent written and verbal communication skills.
  • Strong time-management and prioritization skills. Able to successfully manage multiple priorities and competing demands.
  • Thrives working autonomously in a dynamic, collaborative and fast-paced environment—demonstrating flexibility, resiliency and proactivity.
  • Exhibits excellent judgment—knows when to elevate issues and ask questions.
  • Eager to learn and improve as well as help others do the same.
  • Builds on successes. Owns mistakes and seeks to learn from them.
  • Attention to detail. Pride of authorship.
  • A visual/design aesthetic appreciated to help elevate the team’s work product.
  • Appreciation for process design, implementation and improvement.

 

 

 

 

 

Reporting Relationships

 

Compensation

The anticipated rate for this position is listed below. Total compensation may also include a discretionary performance-based bonus.

 

$35 to $40 per hour

 

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.