Vice President of Performance Management

3 days ago


Los Angeles, California, United States Ares Management Full time
Job Summary

Ares Management is seeking an experienced professional to lead the Global Investment Performance Standards (GIPS) compliance function and oversee the firm's GIPS compliance program. The ideal candidate will have a strong understanding of the GIPS standards and performance measurement methodologies, including basic portfolio accounting.

Key Responsibilities
  • Ensure the firm's adherence to the GIPS standards in marketing materials, RFPs, and DDQs
  • Monitor changes to the GIPS standards and update policies and procedures as necessary
  • Collaborate with the compliance team to ensure overall regulatory compliance and risk management
  • Oversee the creation, maintenance, and review of composite definitions
  • Ensure composites are constructed in compliance with GIPS requirements and accurately reflect the firm's investment strategies
  • Calculate composite level returns and related statistics for the firm's composites
  • Prepare GIPS Reports (time-weighted and money-weighted) for the firm's composites and limited distribution pooled funds
  • Perform periodic outlier analysis of monthly portfolio returns within each composite
  • Coordinate annual GIPS verification with external auditors
  • Prepare and provide necessary documentation for annual GIPS verification
Requirements
  • Bachelor's degree in a business-related or quantitative field preferred (e.g., economics, statistics, mathematics, finance, accounting, etc.)
  • Candidate with CFA charter and/or CIPM designation is desirable. If not a holder of a CFA charter or CIPM designation, extensive practical experience leading GIPS compliance at a GIPS-compliance investment manager
  • Commitment to pursue CIPM designation for candidates without CFA charter or CIPM designation
  • 10+ years of working with the GIPS standards
  • Shown experience with GIPS compliance and verification processes
  • Verifier-related experience is a plus
What We Offer

Ares Management offers a competitive salary range of $160,000-$180,000, as well as a comprehensive benefits package, including medical, dental, and vision plans, 401(k) program with company match, and more.



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