Company description

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities.

By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2025, Ares Management's global platform had approximately $546 billion of assets under management(1) with more than 4,100 employees operating across North America, South America, Europe, Asia Pacific and the Middle East.

More about Ares Management Corporation

Ares’ Compliance Department is currently seeking a Senior Associate to support Ares Management Luxembourg’s AIFM Compliance program. The ideal candidate will be a well-established compliance professional with a strong foundation in the regulations applicable to Luxembourg AIFs and AIFMs, including but not limited to AML/CFT. The role demands a proactive, detail-oriented professional having ability to manage multiple priorities in a dynamic, fast-paced environment.

Primary Functions & Essential Responsibilities:

Perform day-to-day tasks of the Luxembourg Compliance Team to ensure the timely, accurate and consistent execution of the AIFM’s and AIFs compliance obligations;
Stay abreast of current rules, standards, best practices and CSSF regulatory developments;
Assist the Conducting Officer in charge of Compliance to assess and implement any new local laws and regulations where applicable, including the identification and assessment of compliance risk in connection with the AIFM’s products and activities;
Plan and execute the continuous compliance monitoring program, assist in identification of vulnerabilities and risks;
Educate staff with respect to compliance matters and act as an advisor on compliance queries from staff members;
Assist with the preparation of periodic reports and notifications to both regulatory authorities and internal stakeholders on compliance (including AML-CTF matters);
Ensure policies and procedures are appropriately implemented and updated according to regulatory or internal requirements;
Serving as the RC for certain Luxembourg AIFs. This includes analyzing escalations related to AML/ CFT issues and ensuring they are addressed appropriately. In addition, providing regular updates and reports on investors/ investments to the local management of AIFs is also a key element of the role.

Education:

Master’s degree or equivalent experience/qualification (Law or Economics)
Excellent English communication skills (verbal and in writing)

Experience Required:

5-7 years of relevant financial services compliance experience, preferably in the Luxembourg alternative asset management sector;
Knowledge of legal and regulatory prescriptions governing asset management in Luxembourg;
Knowledge of and experience with the Luxembourg anti-money laundering and financial crimes laws and regulations;
Familiarity with monitoring and the interpretation of regulations to ensure their timely application to the Luxembourg AIFM.

Personal Competencies:

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 learn quickly, critically evaluate information, display flexibility and adaptability while resolving issues with minimal supervision;
Flexibility regarding role profile and willingness to take on new projects and learn new skills;
Outstanding communication (written and verbal), presentation, documentation, and interpersonal skills;
High accuracy and detail orientation;
Flexibility in terms of hours to coordinate with team members across various time zones;
Strong self-organization skills and the ability to work effectively while managing multiple deadlines;
Strong integrity and professionalism with ability to handle confidential information appropriately.
Ability to manage up and instinctively know when to escalate risks, concerns and / or issues
Anticipate and proactively action potential issues and opportunities
An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes, and to develop an effective course of action for resolution

Reporting Relationships

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.