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 Global Chief Compliance 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 Marketing and Distribution Compliance. The ideal candidate will be responsible for overseeing the Ares’ Compliance which serves as the primary day-to-day counsel to the Global Client Solutions (GCS), Investor Relations and Ares Wealth Management Solutions (AWMS) teams across all business units within the Firm with respect to distributing products and marketing materials (and other communications and documents) to third parties, including investors. The Head of Marketing and Distribution will also supervise the Firm’s two Broker-Dealer entities with respect to their respective FINRA-licensed activities and associated regulatory compliance programs. In this capacity, the Head of Marketing oversee matters that arise in connection with investor suitability, domestic and global marketing registration, marketing material compliance review (including analysis and resolution of regulatory questions and/or issues), and investor and third-party communications. The ideal candidate will also be responsible to build and lead a coordinated global marketing and distributions program with a focus on strategically updating technology and processes used to satisfy regulatory requirements. This role will also work closely with others on Ares’ global L&C team, including the Chief Compliance Officers of the business units, marketing review and distribution teams in the APAC and EMEA regions.
Reporting relationships
Reports to: Partner, Chief Regulatory Officer
Supervises: Marketing and Broker-Dealer Compliance teams (10+ members)
Primary functions and essential responsibilities
Specific responsibilities include, but are not limited to:
Serve as the primary subject matter expert with respect to regulatory guidance under the Advisers Act with lead on the SEC Marketing Rule, FINRA requirements, and other rules and regulations related to marketing and third party/investor communications
Oversight of the Firm’s team responsible for review of marketing materials, due diligence responses, investor communications and other fundraising and reporting related materials across various investment strategies from a legal, regulatory and compliance perspective
Review and advise on fund marketing and distribution related matters, helping to assess and manage regulatory and business risks
Oversee and develop internal policies and procedures and current regulatory guidance with respect to marketing and other related compliance matters
Develop educational materials and trainings for business professionals with respect to marketing and fundraising regulations and protocols
Assist in assessing current and prospective regulatory risk through industry interaction and research
Assist with other day-to-day legal and compliance matters as needed
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 Marketing and Distribution Compliance function
Provide leadership, training, and support to the Marketing and Distribution 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
Series 7 and 24 preferred
Strong knowledge of technology platforms and workflows related to marketing and distribution compliance on a global basis
Experience Required:
15+ years of Finance industry experience in Legal and Compliance with prior work in a globally regulated asset management firm a plus
10+ years of Marketing and Distribution experience including direct oversight of implementation and compliance with the 2022 SEC Marketing Rule
Detailed knowledge of relevant regulatory requirements, including comprehensive understanding of required under the Investment Advisers Act of 1940 and FINRA broker dealer Compliance
Proven ability to develop the team’s long-term strategy with a particular emphasis on deploying technology to review and fast-paced workstreams
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.
$250,000-$300,000
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.
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