Senior Associate, ESG Climate

Ares Management Corporation

$160K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required.
  • 5-7 years in climate/ESG business practices, preferably in financial services.
  • Strong knowledge of climate frameworks and methodologies (e.g., TCFD, SBTi).
  • Technical experience in carbon accounting and reporting frameworks (e.g., GHG Protocol).
  • Ability to translate complex climate issues for non-technical audiences.
  • Outstanding communication and interpersonal skills.

Responsibilities

  • Partner with the Infrastructure ESG Lead to operationalize decarbonization strategies.
  • Engage with portfolio companies to identify and support decarbonization initiatives.
  • Coordinate annual financed emissions footprint management and reporting.
  • Develop scalable tools to assist portfolio companies in their decarbonization efforts.
  • Support climate-related external reporting and integration into investment due diligence.
  • Analyze and mitigate firmwide climate-related risks.
  • Conduct research on climate topics and support internal stakeholders.

Benefits

  • Comprehensive Medical/Rx, Dental and Vision plans.
  • 401(k) program with company match and Flexible Spending Accounts.
  • Long-Term and Short-Term Disability insurance.
  • Access to a world-class medical advisory team and mental health services.
  • New parent leave, reproductive and adoption assistance, and emergency backup care.
  • Education sponsorship program and financial wellness benefits.
Full Job Description
Job Description

Position Summary

Ares Management is seeking an experienced and hard-working Climate Senior Associate to own and execute climate change initiatives in Ares' investment platform and corporate operations. Based out of our New York office, the Climate Senior Associate will partner with internal stakeholders-including the Infrastructure ESG / Climate Strategy Lead, broader ESG team, investment teams, and global marketing teams-as well as portfolio companies and LPs to create value by implementing our firmwide climate strategy. Job responsibilities are expected to be split between (a) portfolio engagement, (b) carbon accounting, and (c) support for other climate initiatives.

Specific responsibilities include:
  • Partner with the Infrastructure ESG / Climate Strategy Lead to help shape and operationalize Ares' firmwide approach to decarbonization and climate risk management.
  • Engage day-to-day with Ares portfolio companies and assets across all business lines to advise leadership, identify value-accretive decarbonization opportunities, and support execution of practical climate initiatives with a focus on operational improvements, risk mitigation, and long-term value creation.
  • Coordinate Ares' annual financed emissions footprint including data collection, education/training, QA/QC, calculation, analysis, reporting, and management of software vendors (primarily Watershed and Novata).
  • Develop scalable tools to assist portfolio companies and assets in accelerating their decarbonization plans (e.g., playbooks, fact sheets, decks).
  • Support Ares' external climate-related reporting (e.g., TCFD reporting, LP requests).
  • Support investment professionals to better integrate climate risks and opportunities into the investment due diligence process.
  • Analyze climate-related firmwide risks and work with relevant corporate functions counterparts to establish mitigating practices.
  • Serve as a go-to internal expert on climate topics, providing clear recommendations and practical guidance to internal stakeholders.
  • Support management of relationships with external vendors including consultants, software providers, and sellers of environmental commodities such as RECs and offsets.
  • Perform research on a variety of climate topics including peer efforts, frameworks/standards, regulation, and decarbonization strategies.
  • Support select operational and execution-oriented tasks such as meeting coordination, note taking, event planning, responses to investor RFPs, and assisting the Infrastructure ESG / Climate Strategy Lead and others with development of decks and documents.


Qualifications

Education: Bachelor's degree required.

Experience Required:
  • Minimum of 5-7 years of experience in climate/ESG-related business practices, investments, and sustainability, preferably within the financial services industry. Alternative asset management experience is preferred.
  • Strong knowledge of climate and carbon-including emissions disclosure frameworks (e.g., TCFD), target-setting methodologies (e.g., SBTi, NZAM), approaches to decarbonization, and management of physical and transition risks from climate change.
  • Technical knowledge and experience specifically in carbon accounting-including basic science, governing frameworks (e.g., GHG Protocol Corporate Standard, PCAF), calculation methodologies, QA/QC, and reporting. This should include ability to conduct advanced analysis in Excel as well as partnering with software vendors to develop analysis (direct software development experience not required).
  • Demonstrated ability to independently toggle between strategic framing and technical/quantitative climate work, including translating complex issues for non-technical audiences.
  • Ability to work effectively with a range of stakeholders with varying degrees of climate knowledge and 'meet them where they are' as it relates to incorporating climate initiatives.


General Requirements:
  • Outstanding communication, collaboration, and interpersonal skills-including ability to "influence without authority" in a multi-stakeholder environment.
  • Demonstrated success in managing complex projects or pieces of projects in a matrixed organization and driving measurable results.
  • General knowledge of the finance and investment sector, private markets, and corporate operations.
  • Strong networking and relationship building skills with external parties (e.g., counterparts at comparable firms, industry leaders, etc.).
  • Strategic thinker with an ability to work independently and proactively; keen eye for detail as well as the ability to focus and drive towards the bigger picture.
  • Sharp presentation skills, meeting facilitation, interpersonal, decision making, consensus building and collaboration ease.


Reporting Relationships
Principal, Infrastructure ESG Lead

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.

$160,000 - $180,000 / annum

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.

Similar Jobs

More Jobs at Ares Management Corporation

More Finance & Insurance Jobs

Find similar Senior Associate, ESG Climate jobs: