Senior Associate, Compliance

About the role

Ares Management Luxembourg, an AIFM authorised and regulated by the CSSF with several EU branches, is looking for an experienced Senior Associate to join Regulatory Compliance within its Compliance team. As part of the Ares Global Compliance Team, the role oversees the compliance requirements of Ares' EU operations, including conflicts management, the compliance monitoring programme, regulatory reporting, board pack preparation, regulatory watch and help with CSSF Circular 18/698. The position sits under the Global Chief Compliance Officer.

Key responsibilities

• Carry out day-to-day compliance tasks so that the firm's obligations are executed accurately and consistently, including conflicts management, the compliance monitoring programme, regulatory reporting and CSSF Circular 18/698
• Build and maintain working relationships across the organisation, promote a strong compliance culture and assess internal policies, procedures and guidelines, recommending improvements and supervising corrective measures
• Monitor adherence to compliance policies through regular checks, controls and risk assessments, and prepare reports for senior management
• Identify vulnerabilities and risks and develop controls to mitigate them, centralise compliance information and use compliance technology to share information efficiently
• Help create and deliver training materials for European staff, prepare periodic reports and notify regulatory authorities
• Stay up to date with the regulations applicable to investment activities and take part in compliance initiatives and projects

Required profile

• Bachelor's degree required; advanced degree or certification is a plus
• 5+ years of solid finance industry experience in regulatory compliance, preferably in the Alternatives segment
• Strong English (written and verbal), presentation and interpersonal skills, and the ability to manage multiple priorities
• Flexible hours to work with colleagues across time zones, and willingness to take on new projects such as supporting the Financial Crime Prevention team

Required skills

• Knowledge of global asset management legal and regulatory compliance and industry best practices
• Understanding of complex corporate entities and investment funds, including their formation, constitutional, management and ownership documents
• Familiarity with reviewing and interpreting regulations and with compliance technology