What are the responsibilities and job description for the Senior PE Associate position at Ariel Alternatives?
Ariel Alternatives, LLC is a private asset management firm affiliated with Ariel Investments, LLC. Built on the 38-year-old foundation of its parent company, the firm’s first private equity initiative, Project Black, will invest in middle-market companies that may or may not currently be minority owned; transforming these entities into certified minority-owned business enterprises of scale and forging a new class of Black and Latinx entrepreneurs.
Co-Founders Leslie Brun and Mellody Hobson share a desire to make a positive impact by investing in the world they want to see. Every individual on the team - at all levels - plays a role that is critical to our firm’s success. We seek subject matter experts who are unapologetically themselves. We encourage our employees to reach their full potential and give them the runway, support, and resources to succeed.
Ariel celebrates diversity and practices inclusion as a way to get work done – it’s in our DNA. As an equal opportunity employer, our employment decisions are based on business needs, job requirements and individual qualifications without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, ancestry, marital status, parental status, mental or physical disability, military or veteran status, or any other basis protected by federal, state, or local law. Ariel is committed to recruiting and retaining talented applicants, and to providing all employees with a workplace free from discrimination and/or harassment.
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Position Summary |
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We are looking for a Senior PE Associate to support all aspects of the private equity investment process, from adding value to portfolio companies, to sourcing, evaluating, financing, and completing new platform and add-on investments. This person will be expected to collaborate with a variety of functions throughout the organization. Position will be located in our NY office where we offer a hybrid work model. Must be fully vaccinated to interview in person and by date of hire. Proof of vaccination is required as a condition of employment. The individual will also be responsible for:
Candidates should also demonstrate the following characteristics:
Technical skills:
Communication skills:
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Experience and Qualifications
- Two years of relevant work experience; Private equity portfolio and/or fund administration experience is a plus
- Undergraduate degree in finance, accounting, or related field required; MBA strongly preferred
- Client service experience required
- Intermediate to advanced Microsoft Excel skills required
- Excellent communication and interpersonal skills required
- Must be a team player, willing to help other team members during peak volume periods
- Highly motivated and enthusiastic individual
- Ability to work independently
- Highly organized individual who can multi-task in a fast-paced environment to meet client deadlines in an accurate manner
- Must be able to travel domestically 15-20% of the time.
Computer Skills Needed to Perform this Job
- Proficient in Microsoft Office Suite (Word, PowerPoint, Outlook, Excel)
- Knowledge of VLOOKUP’s, pivot tables, and basic macro VBAs in Excel is a plus
Competencies
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Communicate Effectively |
Is able to clearly and succinctly communicate verbally and in writing in a variety of settings and styles; can get messages across that have the desired effect. |
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Customer Focus |
Is dedicated to meeting the expectations and requirements of internal and external customers; gets firsthand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect. |
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Time Management |
Uses his/her time effectively and efficiently; values time; concentrates his/her efforts on the more important priorities; gets more done in less time than others; can attend to a broader range of activities. |
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Priority Setting |
Spends his/her time and the time of others on what's important; quickly zeros in on the critical few and puts the trivial many aside; can quickly sense what will help or hinder accomplishing a goal; eliminates roadblocks; creates focus. |
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Dealing with Ambiguity |
Can effectively cope with change; can shift gears comfortably; can decide and act without having the total picture; isn't upset when things are up in the air; doesn't have to finish things before moving on; can comfortably handle risk and uncertainty. |
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Action Oriented |
Enjoys working hard; is action oriented and full of energy for the things that he/she sees as challenging; not fearful of acting with a minimum of planning; seizes more opportunities than others. |