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
Primary functions & responsibilities
The Private Equity ESG Associate will support with ESG Lead for Private Equity and Secondaries and will collaborate 1) with professionals across the private equity team to build and execute programs in alignment with the firmwide ESG integration approach and 2) with the Ares ESG team and platform leaders across the firm. They will provide week-to-week support to the Private Equity team on transactions and on engaging with management teams on ESG topics. The Private Equity ESG Lead will also interact regularly with the Ares Investor Relations team in serving external clients and limited partners.
Other specific responsibilities include, but are not limited to:
Help mitigate material ESG risks and/or create value through win-win cost-savings initiatives in portfolio companies. Engage with portfolio company management teams to ensure timely execution of such initiatives.
Support bespoke portfolio-wide initiatives in key ESG topics (i.e., health & safety, DEI, climate change, cyber security, and shared prosperity) by some combination of direct effort and supporting other members of the team and outside resources to have an impact.
Partner with other strategies across the platform – especially credit, infrastructure, and secondaries – to export scalable ESG approaches.
Work closely with client-facing teams to raise the profile and understanding of Ares' ESG strategy and capabilities. Assist with LP ESG due diligence on Ares including answering questions on ESG practices, policies and case studies.
Develop a consistent and scalable approach to ESG data collection, validation and reporting for both internal and external stakeholders.
Build working relationships across the firm with investment, client-facing, product and senior management colleagues, to support strategy implementation and communication.
Support select ESG teamwide projects and secondaries initiatives on an ad hoc basis
Qualifications
Education:
Bachelor's degree required.
Experience Required:
The successful candidate will have a desire to build upon Ares' existing ESG processes. The Private Equity ESG Associate will be an energetic, passionate contributor genuinely inspired by Ares' mission and values. In terms of the performance and personal competencies required for the position, we would highlight the following:
Minimum of 4+ years of experience in ESG-related business practices, investments, and sustainability, preferably within the financial services or consulting industries. Alternative asset investment experience is favored (e.g., how environmental concerns relate to material business risks and opportunities).
Experience identifying, tracking, and reporting on ESG data management and KPIs, including developing systematic processes to ensure consistency and accuracy.
General knowledge of the finance sector levers for change as they relate to sustainability initiatives.
General Requirements:
Requires strong work ethic, flexibility, excellent communication, writing and interpersonal skills, and the ability to prioritize tasks
Strong analytical and written / verbal communication skills, including synthesizing research and concepts into actionable insights and investor-facing deliverables in a timely manner
Comfort navigating ambiguity
Team-oriented and organized, with the shown ability to proactively lead multiple projects with a broad range of stakeholders to deliver results in a dynamic environment
Accountable, with a strong sense of ownership and attention to detail
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.
$130,000 - $150,000
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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