What are the responsibilities and job description for the Cash & Positions Operations Team Manager - Apollo Insurance Solutions Group position at Apollo Insurance Solutions Group LP?
Position Overview
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes.
Come to Apollo and join a community of extraordinary people who are committed to a culture of excellence and collaboration in everything that we do. We invest in our people for the long term and are committed to supporting their development at every stage of their career.
Apollo Insurance Solutions Group (“ISG”) seeks a Senior Investment Operations professional for its El Segundo based headquarters. This is an exciting opportunity for an experienced Operations professional to work in the investment management business in a fast-paced environment that provides significant opportunity for learning and growth.
Seeking a highly motivated candidate with experience in accounting and/or investment management. A self-starter with strong problem-solving skills and a desire to learn.
Primary Responsibilities
Execute and oversee the booking and accounting impact for various investment instruments, including fixed income, equities, alternatives, and mortgage investments.
Collaborate with investment managers on investment-related accounting matters, including valuation and performance reporting.
Review daily holding reconciliations between investment accounting subledgers to custodian records.
Enhance and maintain a runbook of daily and monthly activity and where necessary provide leadership and direction to ensure clear task assignment, deliverable responsibility, control execution and coordination with dependent processes.
Identify and implement process improvements to enhance efficiency, accuracy, and overall effectiveness of operational procedures.
Provide ongoing support to trade operations, clients, front office teams, and other stakeholders.
Communicate effectively. Participate in meetings and presentations related to investment accounting matters.
Provide guidance and mentorship to junior members of the team.
Work effectively with the Operations Managers and provide leadership in supporting large scale projects and initiatives.
Qualifications & Experience
Bachelor’s degree in accounting and/or Finance
Professional accounting qualification (CPA) preferred but not required.
8 years of relevant work experience
Experience working in SOC1, NAIC, and SEC regulated environments.
Knowledge of Fixed Income, Structured Products, Derivatives, Mortgage Loans and/or Alternative Investments.
Demonstrated process orientation and problem-solving skills.
A strong detailed orientation.
Ability to work effectively on cross functional teams/projects.
Pay Range
$110,000 – $140,000Apollo Global Management, Inc. (together with its subsidiaries and affiliates) is committed to championing opportunity.
The firm and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.
The contents of the qualifications and experience section of this job description are a guideline only. If an applicant can otherwise demonstrate their suitability for the role they will be considered.
The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise, and may vary from the amounts listed here.
Salary : $110,000 - $140,000