Associate, Administrative (UCI) Oversight

About the role

Ares Management Luxembourg (AMLux), a regulated Alternative Investment Fund Manager and wholly owned subsidiary of Ares Management LLC, is looking for an Associate to join its UCI Oversight Team. Reporting to the IT & UCI Oversight Vice-President, you will help implement and maintain operational controls over the AIFs under management and carry out additional internal AIFM oversight duties.

Key responsibilities

• Oversee the Fund NAV control process and the third-party Fund Administrators and depositaries, escalating exceptions to management
• Support depositaries with timely, accurate information and help design and assess due diligence and ongoing monitoring
• Produce regular and ad-hoc reports on UCI administration for Senior Management, the Board of Managers and the CSSF
• Assist in the oversight of the funds' audit process with Ares F&A teams
• Coordinate the annual Internal Audit process with external providers, track remediation of audit recommendations and report on the external auditor's performance and independence
• Monitor IT risk under DORA, including change and incident management, access rights, affiliate and third-party provider due diligence, and the annual RCSA, BIA and BCP/DRP
• Take part in AI operational deployment and regulatory monitoring
• Coordinate cross-functional projects improving operational efficiency, automation and scalability, manage project timelines and support the onboarding of AI tools

Required profile

• University degree (finance, business or economics preferred)
• 3+ years of experience in UCI administration or oversight, with liquid credit, fund of funds, private debt, infrastructure, private equity or real estate strategies
• Professional qualification or working knowledge of regulated AIFM activities
• Good communication skills, excellent written and spoken English, able to work independently and accurately

Required skills

• Excel, Word, Adobe and PowerPoint
• Familiarity with IT technologies, notably AIS
• Plus: knowledge of UCI Part II and ELTIF funds, detailed knowledge of regulatory requirements, and in-depth familiarity with using LLMs