Full-Time

AI Engineer

Posted on 5/9/2026

Antares Capital

Antares Capital

501-1,000 employees

Private credit manager delivering risk-adjusted returns

Compensation Overview

$175k - $240k/yr

+ Bonus

Chicago, IL, USA + 2 more

More locations: New York, NY, USA | Atlanta, GA, USA

Hybrid

Hybrid/onsite role; occasional travel to other offices as needed.

Category
Software Engineering (1)
Required Skills
MLOps
Pinecone
Microsoft Azure
Python
Apache Spark
GraphQL
Docker
Role-based Access Control
Terraform
REST APIs
DevOps
Databricks
Requirements
  • 5+ years of industry experience building and deploying AI/ML applications, including 2+ years with LLM-based systems (preferably in financial services)
  • Hands-on expertise with RAG: embedding generation, retrievers, prompt construction, context management, and hallucination mitigation
  • Deep understanding of vector databases and embedding frameworks; ability to tune similarity search (cosine, dot-product) and index parameters
  • Proven experience with ontology-driven data modeling (business entities, taxonomies, knowledge graphs, semantic modeling) and mapping from physical schemas to conceptual models. Any experience with 3rd party platform (eg: Palantir/Foundry) implementations is a plus
  • Fluency in Python and production-grade services (microservices, REST/GraphQL, event-driven patterns); strong software engineering fundamentals
  • Proficiency with big data and machine learning platforms such as Databricks (Spark, Delta Lake, Unity Catalog) and experience operating at scale
  • Experience with large-scale cloud data/AI solutions, including Microsoft Fabric (OneLake, Lakehouse, semantic models, pipelines) or equivalent enterprise data/AI fabric, and common cloud services (Azure preferred)
  • Grounding LLMs with curated, versioned knowledge sources; experience with data pipelines and ETL/ELT concepts
  • Strong grasp of evaluation, observability, and MLOps for LLMs (dataset management, A/B testing, drift/quality monitoring, prompt/version governance)
  • Practical experience with CI/CD, Docker/containers, and infrastructure-as-code (Terraform or equivalent)
  • Awareness of financial-industry considerations: data privacy, model risk/governance, auditability, and secure development practices
  • Excellent communication skills and the ability to influence and collaborate across product, platform, data, and risk/security teams
Responsibilities
  • Design and implement robust RAG pipelines integrating domain datasets, embeddings, and retrieval strategies to deliver accurate, auditable responses
  • Lead the evaluation and integration of vector databases (e.g., FAISS, Pinecone, Milvus) and tune indexing/embedding strategies for performance and relevance
  • Architect and orchestrate combinations of LLMs and tools (routing, ensemble prompts, function-calling, guardrails) to optimize quality, latency, and cost
  • Drive an ontology-driven approach: model and map enterprise data to real-world business concepts (e.g., customers, counterparties, facilities, equipment) rather than siloed technical tables; steward canonical vocabularies, taxonomies, and knowledge graphs
  • Partner with data and platform teams to establish and evolve a semantic layer that aligns data products with business entities, definitions, and policies; ensure traceability from ontology to physical data stores
  • Contribute to and extend the AI reference architecture emphasizing modular services, clear interfaces, observability, and change-tolerant design
  • Develop secure data access patterns (role-based permissions, PII minimization) and implement content filtering, redaction, and safety controls
  • Build evaluation frameworks (automated tests, offline/online metrics, human-in-the-loop review) and maintain datasets for regression benchmarking
  • Implement CI/CD and containerization for AI services; instrument telemetry, tracing, and feature flags for safe progressive delivery
  • Collaborate with product, data, risk, and security teams to translate business needs into pragmatic AI solutions aligned to industry compliance and model risk management
  • Troubleshoot production issues, conduct post-incident reviews, and drive reliability improvements (SLOs, error budgets, resilience testing)
  • Mentor engineers, review designs/code, and champion engineering excellence and documentation across the AI platform

Antares Capital manages private credit investments for institutional investors. It deploys capital through private debt strategies to support middle-market companies and other borrowers, earning returns from interest, fees, and capital appreciation. The firm relies on a long track record and a seasoned, cycle-tested team to assess risk, structure loans, and monitor portfolio credit quality. With approximately $80 billion of capital under management as of December 31, 2024, and offices in multiple North American and European cities, Antares differentiates itself through depth of experience, scale, and a broad, globally aware approach to credit investing. The company aims to deliver attractive risk-adjusted returns for its investors and create long-term value for all partners by staying disciplined through credit cycles and maintaining a strong risk-management culture.

Company Size

501-1,000

Company Stage

N/A

Total Funding

$7M

Headquarters

Chicago, Illinois

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Private credit AUM reaches $1.7 trillion globally as banks retreat from leveraged lending.
  • Continuation funds hit $25 billion in 2025 transactions, boosting LP liquidity via Ares deals.
  • CPP Investments deploys $12 billion into private credit in FY2025, anchoring Antares platform.

What critics are saying

  • Ares-led $1.7 billion continuation fund erodes Antares' direct investor confidence within 12-24 months.
  • Bain Capital Credit joint venture fragments Antares' unitranche deal flow and fees in 6-12 months.
  • $8.5 billion SLF III oversaturates senior loan market, compressing yields in 12-18 months.

What makes Antares Capital unique

  • Antares Capital manages $90 billion in private credit with 30 years of underwriting expertise.
  • SLF III closed $8.5 billion in May 2026, exceeding targets with diversified senior secured loans.
  • Antares partners with CPP Investments, Ares, Bain Capital Credit, and Ascot for unique strategies.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Profit Sharing

Paid Vacation

Fertility Treatment Support

Family Planning Benefits

Parental Leave

Company News

Bloomberg Law
Apr 2nd, 2026
Pritzker-backed cleaning firm PLZ secures private credit refinancing from Ares

PLZ Corp., a cleaning-products maker backed by PPC Partners, has refinanced its debt through private credit lenders. Ares Management and Antares Capital arranged the financing for the company. PPC Partners was originally founded by Illinois Governor JB Pritzker and his brother Anthony, members of the billionaire Pritzker family. The investment firm's backers include family groups and institutions worldwide. PLZ has been working with Houlihan Lokey to address its debt refinancing. Representatives for PLZ, PPC Partners, Ares and Antares declined to comment on the transaction.

Royal Crescent Publishing Limited
Mar 30th, 2026
Antares closes $1.7B continuation fund led by Ares for private credit portfolio

Antares Capital has closed a $1.7 billion continuation fund led by Ares Management, marking its second such vehicle. The fund purchased assets from a closed-end private credit fund, comprising over 300 first-lien, floating-rate loans. Ares Credit Secondaries funds led the transaction alongside a commitment from Antares. The deal provides existing investors with liquidity options whilst offering new investors access to Antares' private credit portfolio. Antares, which manages approximately $90 billion in assets, will continue managing the continuation vehicle and underlying loans. The transaction represents the second continuation vehicle between Ares and Antares within the past year. Evercore served as lead financial adviser, with GreensLedge and Moelis & Company also advising on the deal. Ares cited the investment as demonstrating its scaled capital base and expertise across credit and secondaries markets.

Bloomberg L.P.
Mar 10th, 2026
Private Credit Lends Extra $400 Million to Software Firm Enverus

Private credit lenders have provided a more than $400 million delayed draw term loan for Blackstone Inc.’s Enverus after supplying roughly $3 billion in December, according to people familiar with the matter.

Artemis
Jul 31st, 2025
Ascot partnering with Antares to launch $500m reinsurance sidecar Wayfare Re: WSJ

Ascot partnering with Antares to launch $500m reinsurance sidecar Wayfare Re: WSJ.

Bain Capital
Mar 6th, 2025
Antares and Bain Capital Credit Form Unitranche Joint Venture

Antares issued more than $18 billion in financing during 2016, and was named 2017 Lender of the Year by ACG NY and 2015 Dealmakers of the Year by Mergers & Acquisitions.