Associate Vice President, Valuations

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

Summary

Ares Management Luxembourg, a regulated AIFM, is looking for a highly motivated and experienced individual to join our Valuation team at Assistant Vice President level, depending on the candidate’s experience and qualifications.

The role will work closely with the Conducting Officer responsible for valuation, with an appropriate level of autonomy and responsibility for key aspects of the Luxembourg valuation process.

The ideal candidate will combine strong valuation expertise with sound judgement and the ability to work effectively across multiple stakeholders and functions. The individual should also bring a continuous improvement mindset, with an interest in leveraging process enhancements, data and technology to support greater efficiency and scalability across the Luxembourg platform as it continues to grow.

Primary Functions and Essential Responsibilities

Specific responsibilities include, but are not limited to:

• •Identify and contribute to enhancements to valuation processes, controls, analytics and reporting, including the use of data and technology to improve efficiency, consistency and scalability across the Luxembourg platform.
• •Review and independently challenge valuation models, methodologies, key assumptions and supporting documentation, particularly for complex and illiquid investments, and develop independent views on material valuation matters.
• •Prepare valuation materials and analysis for valuation committees, the Executive Committee, Board of Managers and other relevant governance forums.
• •Be actively involved in the Luxembourg valuation framework and periodic valuation processes across funds and structures, covering multiple alternative asset classes and ensuring alignment with Ares policies, fund documentation and applicable regulatory requirements.
• •Work closely with key functions across Ares, including Portfolio Management, Finance, Risk, Legal, Compliance and Operations, contributing a valuation perspective to cross-functional initiatives and the development of practical and integrated solutions across the Luxembourg platform.
• •Support new business initiatives, products and structures by assessing valuation considerations and helping ensure appropriate processes and controls are incorporated from the outset.
• •Coordinate with external auditors, fund administrators and independent valuation firms, supporting and, where appropriate, leading discussions on valuation matters and related deliverables.

Education

• •BS/BA or equivalent degree in Accounting, Economics, Finance or a related discipline.
• •Professional qualifications such as CFA, CAIA, ACA/ACCA or equivalent would be considered an advantage.

Experience Required

• •7+ years of relevant valuation experience within alternative asset management, valuation advisory, audit or a related financial services environment.
• •Strong knowledge of valuation methodologies applicable to alternative and illiquid assets, with experience across Credit, Private Equity, Real Estate and/or Infrastructure strategies.
• •In-depth knowledge of relevant regulatory requirements and industry standards, including AIFMD valuation requirements.
• •Practical experience with and familiarity with CSSF expectations regarding the valuation of less liquid and illiquid assets would be highly desirable.
• •Interest in and familiarity with use of LLMs (experience writing detailed prompts, reviewing LLM output, adapting/refining prompts) is a plus.

General Requirements

• •Excellent written and verbal proficiency in English.
• •Strong analytical and commercial judgement, with the ability to independently assess and constructively challenge complex valuation matters.
• •Ability to exercise independent judgement while maintaining effective and collaborative working relationships with investment professionals and other stakeholders.
• •Proactive and self-directed, with the ability to operate effectively in a collaborative and fast-paced environment.
• •Strong communication, presentation and documentation skills, with the ability to communicate valuation matters clearly to both investment professionals and governance bodies.
• •Flexibility to coordinate with colleagues across different offices and time zones.

Reporting Relationships

CFO, International & Global Direct Lending Private Funds

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.