Over the last 20 years, Aresâ success has been driven by our people and our culture. Today, our team is guided by our core values â Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy â 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
The Vice President, Carried Interest Administration will be responsible for the endâtoâend administration of the firmâs carried interest programs. This role serves as a subjectâmatter expert and strategic partner to internal stakeholders, ensuring accurate allocations and distributions, continuous program enhancements, and clear participant education. The role will lead process improvement initiatives and collaborate closely with Finance, Legal, Tax, and other key partner groups to ensure operational excellence, compliance, and scalability.
Key Responsibilities
Program Administration & Operations
- Oversee the administration of carried interest programs across funds, including allocations, vesting, distributions and participant recordkeeping.
- Ensure timely and accurate execution of carryârelated processes in accordance with governing documents and internal policies.
- Serve as the primary escalation point for complex carry matters and participant inquiries.
Allocations & Distributions
- Partner with Finance and Tax to coordinate carried interest allocations and distribution calculations.
- Ensure alignment between carry records, fund accounting and payment execution.
- Support audit, regulatory, and internal review processes related to carried interest.
Program Enhancements & Process Improvement
- Identify and implement enhancements to carried interest program design, administration and reporting.
- Drive operational efficiencies through improved processes, controls and system enhancements.
- Lead initiatives to scale carry administration as the platform grows and evolves.
Participant Education & Communication
- Develop and deliver clear, effective education for carried interest participants regarding plan mechanics, vesting, distributions and key terms.
- Review and contribute to participantâfacing materials, documentation and communications.
- Act as a trusted advisor to participants, management, and HR partners on carryârelated topics.
CrossâFunctional Partnership
- Collaborate closely with Finance, Legal, Tax, HR and external advisors to ensure alignment and compliance.
- Support the interpretation and administration of carry plan documents and related agreements in partnership with Legal.
- Provide guidance on the operational impact of new funds, restructurings or plan changes.
Governance & Controls
- Maintain strong governance, documentation and internal controls over carried interest administration.
- Monitor compliance with plan terms, regulatory requirements and best practices.
Qualifications
- Bachelorâs degree required; advanced degree or relevant professional certifications preferred.
- 10+ years of experience in carried interest administration, equity compensation, fund administration, or a related field, with demonstrated VPâlevel responsibility.
- Deep understanding of carried interest structures, fund economics and vesting mechanics.
- Strong experience partnering with Finance, Legal and Tax teams in a complex organization.
- Proven ability to lead process improvement initiatives and drive program enhancements.
- Exceptional attention to detail with the ability to think strategically and operate handsâon.
- Strong communication skills, with experience educating and advising senior stakeholders and plan participants.
Reporting Relationships
Head of Compensation Administration
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.
$175,000-$225,000
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.