Principal, Alternative Credit

aresmgmt· 0200 Ares Operations LLC
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📍 New York, NYFull time💰 USD 235K–250K
Full time0200 Ares Operations LLC

About this role

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

Ares Alternative Credit focuses on asset-based finance (ABF) and tactical asset investing opportunities beyond traditional markets, such as corporate debt, real estate and private equity. This strategy seeks opportunities in large, diversified portfolios, including specialty finance, lender finance, equipment leasing, structured products, net lease, cash-flow streams (e.g., royalties, licensing, management fees) and other asset-focused investments.  As of March 31, 2026 (and inclusive of Q2 capital raises), Ares Alternative Credit managed approximately $57.3 billion in assets,  Ares is a co-founder of the Promote Giving initiative (www.promotegiving.org) and at least 5-10% of the promote (carried interest and incentive fee) profits of Alternative Credit's flagship Pathfinder family of funds have been pledged to be donated to global health and education charitable organizations.

We are currently seeking an experienced Principal to join the Alternative Credit team focused on sourcing, origination and business & brand development within the private markets. The Principal will focus on a variety of core private markets responsibilities including: developing deep banking relationships, gathering market intelligence, sourcing new investment opportunities, negotiating and quarterbacking origination of new deal flow, developing strategic partnerships for origination and coordinating various branding & business development initiatives. The accelerated AUM growth in recent years has created an immediate need to enhance the group’s origination engine.

Primary functions:

  • Business Development : Establish, build and maintain bank, advisory and lending platform relationships spanning all pockets of origination within those institutions
  • Deal Origination: Facilitate sourcing deal flow across public & private credit markets utilizing deep relationships and regular contact across all parts of the covered institutions
  • Partnerships: Develop strategic partnerships/JVs with other institutions including insurance companies, pensions, asset managers & others to create new deal sourcing channels and investment scale in all aspects of the Alternative Credit business
  • Brand Development: Branding for the Alternative Credit business through attending and participating in conferences, panels, social events and all events relating to our charitable endeavors

Essential Responsibilities:

  • Develop and maintain new relationships within the bank, advisor, asset manager and lending platform communities to increase deal flow origination
  • Uncover opportunities within these channels for investment across all Ares Alternative Credit pockets of capital including insurance and funds capital Coordinate & quarterback on the execution processes for various investment processes
  • Provide proactive market color/updates to the collective Alternative Credit team & across the Ares platform
  • Increase the awareness of Alternative Credit solutions to other areas across Ares
  • Help drive brand development forward for Alternative Credit at conferences, panels and bank events

Qualifications:

  • Bachelor’s Degree or international equivalent required
  • Minimum of 10-15+ years’ experience at a top investment firm, investment bank or similar organization, which might include experience in capital markets, investment banking, leveraged finance, buy-side M&A, structured product sales/syndications and/or principal investing experience.
  • Strong intellect with outstanding quantitative and qualitative analytical skills; strong knowledge of finance and accounting
  • Understanding of loan / transaction documentation – commitment letters, term sheets and credit agreements
  • Excellent writing, analytical and presentation skills
  • Demonstrated competency in financial statement analysis, business valuation, accounting and finance.
  • Superior networking skills and ability to source valued information

Reporting Relationships

Partner, Alternative Credit

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.

$235,000.00 - $250,000.00

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.

Frequently Asked Questions

What is the salary for the Principal, Alternative Credit role at aresmgmt?
The listed salary for this Principal, Alternative Credit position at aresmgmt is USD 235K–250K. This is an Full time role.
Where is the Principal, Alternative Credit position at aresmgmt located?
This Principal, Alternative Credit role at aresmgmt is based in New York, NY. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Principal, Alternative Credit role at aresmgmt full-time or part-time?
This is listed as a Full time position. It is posted as a Principal, Alternative Credit role in the 0200 Ares Operations LLC department at aresmgmt.
Which team or department does the Principal, Alternative Credit at aresmgmt belong to?
This Principal, Alternative Credit position is part of the 0200 Ares Operations LLC department at aresmgmt. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Principal, Alternative Credit position at aresmgmt?
Click the "Apply Now" button on this page. You will be redirected to aresmgmt's official application portal hosted on workday where you can submit your application directly.
Principal, Alternative Credit
aresmgmt · 💰 USD 235K–250K
Apply for this role ↗

You'll be redirected to aresmgmt's official application page on Workday.