2023 Summer Analyst, Credit Portfolio Management (New York)
About Ares Management
Ares Management is a publicly traded, leading global alternative asset manager with approximately $334 billion of assets under management and over 2,300 employees. Ares seeks to deliver attractive performance to investors across our strategies, including credit, private equity and real estate. The firm is headquartered in Los Angeles with offices across the United States, Europe, Asia and Australia.
2023 Summer Analyst – Roles and Responsibilities
Ares is seeking a Summer Intern for our Portfolio Management department, within the Direct Lending group. The position will expose the intern to the daily responsibilities of a Portfolio Management Associate, which includes:
- Utilizing the firm’s proprietary software tools to monitor and track the performance of select portfolio companies that Ares’ Direct Lending is invested in
- Learning about and understanding the leveraged loan market
- General portfolio management including quarterly valuation and reporting
- Special analytics projects
The position also includes exposure to various functions within Ares’ Direct Lending, including: new deal origination, corporate debt underwriting, investor relations, accounting, finance, performance and restructuring.
Qualifications
We are looking for self-motivated, astute individuals with a passion for and interest in investments. In addition to strong analytical skills and comfort in a fast-paced team environment, successful candidates should have:
- Beginning to intermediate MS Excel, Word, and PowerPoint skills
- Basic knowledge and understanding of financial statements
- Self-motivation and drive; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment
- Creative problem-solving abilities
- Exceptional interpersonal skills
- Impeccable integrity and trustworthiness
Candidates for the 2023 Summer Analyst Program:
- Are currently enrolled as an undergraduate student, ideally majoring in Finance, Economics, or Accounting
- Have an anticipated graduation date between December 2023 and August 2024
- Have a track record of academic excellence and participation in campus activities
- Have strong intellect with solid quantitative, financial and analytical skills
Location: New York, NY
Duration: 10 weeks
Compensation: Paid Internship - the total base salary (subject to change) is expected to be $110,000 (prorated)
Accommodations: Relocation stipend