Sr. Associate/ Vice President, Structured Products, Ares Insurance Solutions (AIS)

Job Description

The Ares Insurance Solutions team is seeking an experienced structuring resource to assist in:

• Create models for private structured deals and maintain deal models using Intex Dealmaker
• Compile monthly updates of collateral and deal information for Intex CDI/CDU files associated with private Ares securitization
• Assist in developing model methodology and platform infrastructure for stochastic simulation of portfolio asset cashflows for private securitization
• Support the risk and analytics needs of the Ares Insurance Solutions team more broadly, including the maintenance and support of the above analytics platform

RESPONSIBILITIES:

• Develop and maintain automated Intex infrastructure to perform on-demand risk analytics for private securitization
• Create models for private structured deals and maintain deal models using Intex Dealmaker
• Compile monthly updates of collateral and deal information for Intex CDI/CDU files associated with private Ares securitization
• Collaborate with other Ares quantitative, operational, and IT resources for building the analytics platform, at-scale using Intex on cloud resources
• Develop and test collateral and security projected cashflows, valuations, and risk metrics, under different deterministic and stochastic scenarios for private securitization
• Partner with portfolio management to align assumptions and parameters of relevant private securitization models
• Build strong relationships with portfolio managers and members of other operational and quant teams across Ares and outside managers as needed to act as a key point of contact to prioritize and answer questions relating to investment data/analytics

QUALIFICATIONS:

• Undergraduate and/or advanced degrees in finance, mathematics, engineering and/or computer science preferred
• 3+ years of Intexwrap and Intex Dealmaker experience within a financial services firm
• 4+ years of practical experience of model development in Python, preferably in a production environment, is essential
• 3+ years of experience modeling structured deal waterfalls in Intex and creating/maintaining/updating CDI/CDU deal files
• Professional designations such as CFA, FRM, etc., would be viewed favorably, but not essential
• Basic understanding of modern financial mathematics (e.g. bond mathematics, Monte Carlo simulation in real and risk neutral environment, interest-rate modelling) are essential
• An understanding of bond mathematic concepts such as duration, convexity, option-adjusted spread, z-spread, spread duration, key-rate duration, interest curve building, bootstrapping, etc. are required
• SQL, Python required; experience using VS Code IDE preferable
• Practical experience using GIT is a plus
• Knowledge of Docker and Cloud applications (e.g. AWS / Azure) would be viewed favorably
• An understanding of basic accounting, regulatory, risk management and strategic frameworks under which insurers operate, would be viewed favorably, but not required
• Excellent problem-solving abilities, intellectual curiosity, and experience in understanding and solving complex issues
• High level of integrity enabling the candidate to become a trusted partner to clients and peers

Reporting Relationships

Managing Director, Insurance

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.

Pay Transparency

$130,000-175,000

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._