Associate, Credit, US Direct Lending
Ares Commercial Real Estate Corp · New York
📍 New York, NY💰 $130,000via workday
Apply on company site ↗
CareerRiver pulls this listing straight from the employer's hiring system — no recruiter middleman, no reposts. Applying takes you directly to Ares Commercial Real Estate Corp.
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 Associate will provide support for the sourcing, underwriting and credit analysis of potential new investments, assist in deal closings and be involved in post-closing portfolio management and investment monitoring.
Key Responsibilities
Performing detailed financial and market analysis that forms the basis for decisions on new debt and/or equity investments of the firm
Screening new investment opportunities
Preparing various complex excel financial models including cash flow analysis, debt sizing and structuring
Preparing investment committee memos
Analyzing investment performance including maintaining and updating investment valuations and financial models as well as keeping track of relevant current market activities
Preparing quarterly portfolio reports summarizing changes in performance and updating forecasts
Assisting in investment closings
Meeting with management teams and sponsors when assessing new investment opportunities and monitoring the existing portfolio
Additional duties include providing direct support as deemed necessary by senior management
Qualifications
Bachelor’s degree or international equivalent required
Minimum of 1.5 years of relevant investment banking or principal investing experience by the start date
Strong intellect with solid quantitative, financial and analytical skills
Advanced MS Excel modeling skills (v-lookup, macros, pivot tables) and MS PowerPoint skills
Self-motivated and driven; ability to work effectively in a collegial, fast moving, demanding, and dynamic environment.
Creative problem solver.
Exceptional interpersonal skills.
Impeccable integrity and trustworthiness
Reporting Relationships
Partner, Credit
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.
$130,000.00 - $175,000.00
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.
More New York jobs
New York jobs · Browse all locations