Head of Regulatory Reporting Compliance

New York, NY, United States

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 & Compliance Department oversees and manages Ares' global Legal, Regulatory and Compliance functions and programs. Under the leadership of the Partner, Chief Regulatory 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; Corporate Compliance, which administers global policies and central compliance and oversight functions; and Financial Crimes, which oversees Ares' adherence to financial crimes-related rules and regulations.

Ares is seeking a talented Compliance professional to serve as its Head of Regulatory Reporting. The ideal candidate will be responsible for ensuring preparation and delivery of accurate and timely filings to the Firm's regulators. The ideal candidate will particularly focus on filings to the SEC and CFTC with close work with the global compliance team to coordinate filings across all various jurisdictions. The ideal candidate will also be responsible to build and lead a coordinated global regulatory reporting program with a focus on strategically updating technology and processes used to complete all filings.

Primary Functions and Essential Responsibilities

Specific responsibilities include, but are not limited to:

Serve as the primary subject matter expert with respect to regulatory submissions to the SEC, CFTC and other primary regulators pursuant to the Investment Advisers Act of 1940 and related securities regulations and exemptions

Responsible for regulatory submissions focused on high quality data submissions in a controlled governance framework under strict timeframes in accordance with applicable regulations

Drive the Firm's strategic initiative to leverage new and enhanced technology and workflow processes to manage complex data across the Regulatory Reporting platform

Work collaboratively with cross-functional members of the Firm's global Finance & Accounting, Investment Operations, Legal, and Technology departments to ensure effective and efficient operations of the Regulatory Reporting program

Work with leaders throughout the enterprise to respond to regulatory inquiries and examinations, as applicable

Coordinate with members of the global Compliance team to drive efficiency across data provided to regulators across all jurisdictions

Develop and document controls supporting the Regulatory Reporting program, including review of work delivered by domestic and international Regulatory Reporting team members

Work collaboratively across the senior leadership team and functional teams within the Legal & Compliance department to ensure effective and efficient operations

Act as a change agent by improving and defining the systems and processes that make up the Regulatory Reporting function

Provide leadership, training, and support to the Regulatory Reporting team; ensure the team is aligned around consistent processes, systems and reporting strategies

The ideal candidate will have the ability to: Create and execute a holistic reporting strategy while also focusing on operational excellence

Establish high standards of excellence amongst the Regulatory Reporting team

Navigate and drive change in a fast-paced and at times, ambiguous, environment

Build credibility and bring true subject matter expertise to the Legal & Compliance function

Proven success at building credibility quickly at all levels of the organization

Operate in an entrepreneurial and collaborative spirit; self- motivated and driven

And demonstrate exceptional: Leadership and management skills, including engaging and motivating people, providing coaching and feedback, and leading performance management and compensation processes

Communication skills and the ability to influence and develop strong relationships within Legal & Compliance, amongst business leaders and external stakeholders

Ability to foster innovation and creativity and quickly drive to concrete work products

Strategic thinking skills to identify and understand issues, problems, and opportunities; has the ability to create strategic options for addressing problems/opportunities and achieving desired outcomes

Organizational skills and the ability to reprioritize on a consistent basis

Project management skills and proven success achieving goals and standards

Qualifications

Education: Bachelor's Degree required

Background in Finance & Accounting a plus

Strong knowledge of financial products

Proficiency in Excel and Alteryx

Experience Required: 12-15 years of Finance industry experience in Legal and Compliance with prior work in a globally regulated asset management firm a plus

12+ years of Regulatory Reporting experience including direct preparation and submission of all parts of the Form ADV (Parts 1, 2A, and 2B) and Form PF; securities filings including Forms 13F and H; U.S. Treasury Department (TIC) filings; ad hoc filings and requests from regulators and external auditors including for regulatory inquiries and examinations

Detailed knowledge of relevant regulatory requirements, including comprehensive understanding of reporting required under the Investment Advisers Act of 1940

Proven ability to develop the team's long-term strategy with a particular emphasis on deploying technology to review and validate large data sets

Proven people leader with previous team management experience - building high-performing teams and driving change across scaled and global teams

Exceptionally detail oriented and analytical

Self-motivated and proactive with the ability to work under pressure and to tight deadlines

Ability to work with teams across various global office locations

General Requirements: Ability to successfully manage multiple complexes, time sensitive priorities and competing demands with multiple stakeholders by leveraging a hands-on approach

Strong time management and prioritization skills; ability to work under tight deadlines in a fast-paced environment; results oriented

Strong attention to detail, highly organized and process-driven; high accuracy

Ability to extract meaningful information from extensive research and analysis to effectively present facts and findings in a digestible format, a keen eye for attention to detail

A self-directed individual with a can-do attitude, willing to work in an energetic, collaborative, and fast-paced environment, proactive in nature, and a proven ability to resolve issues with minimal supervision

Proven outstanding communication (written and verbal), presentation, documentation, and interpersonal skills

Strong sense of ownership and accountability; demonstrates sound judgment and decision-making

An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes

A hands-on approach and ability to synthesize business operations and talent needs

Good judgment in terms of escalating issues vs. solving problems independently

A solutions-oriented, self-starter and ability to see the big picture

Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment

Ability to be flexible in terms of hours to coordinate with team members across various time zones

Dependable, great attitude, highly motivated and a team player

Reporting Relationships

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.

$200,000-$250,000

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.