
_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 hiring an attorney to join the Ares Legal team of 75+ attorneys and legal professionals. The Associate Vice President or Vice President, Counsel position will be based in New York and will be responsible for day-to-day coverage of the ever-evolving and expanding Ares Wealth Management Solutions Business (AWMS) on the Global Wealth Management Legal team. Responsibilities will include advising on a broad range of legal and regulatory matters relating to the business, as well as maintaining and enhancing the legal and regulatory frameworks to support continued growth in a responsible and scalable manner. This role is a great opportunity to be part of a team-oriented legal group and to work at one of the largest alternative investment managers in a fast-paced, dynamic environment.
AWMS oversees the product development, distribution, marketing, and client management activities of investment offerings for the global wealth management channel. With a team of more than 150 business professionals globally and backed by the power and scale of the Ares platform, AWMS represents one of the most resourced wealth distribution and client service teams in the alternatives industry. AWMS’ mission is to provide financial advisors and their clients access to innovative, solutions-oriented investment opportunities, across the Ares platform of industry leading credit, private equity, real estate, and secondaries strategies.
REPORTING RELATIONSHIP
Reports to : Managing Director, Associate General Counsel, Global Head of Wealth Management and Capital Solutions Legal
Primary Functions And Responsibilities
The Counsel will advise on legal and regulatory matters in the global wealth management channel for the AWMS business. In particular, the Counsel will be responsible for understanding the legal, regulatory and practical nuances associated with the external stakeholders in the space (e.g., broker-dealers and custodians, registered investment advisers, private banks, and alternative investment platform providers) in connection with the creation, marketing and distribution of the perpetual, semi-liquid products (e.g., non-traded REITs, BDCs, private funds, and interval funds in the U.S., as well as comparable vehicles based in Luxembourg, the Cayman Islands and Australia). Primary responsibilities will include the following:
Qualifications
Qualified candidates will possess:
Given The Position’s Scope And The Ongoing Growth Of The AWMS Business, We Are Seeking An Ambitious Candidate Capable Of Developing Alongside The Business. The Ideal Candidate Is Someone Who
Reporting Relationships
Associate General Counsel, Global Wealth Management
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.
$240,000 - $275,000 + Discretionary Bonus
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.