What are the responsibilities and job description for the Apollo Middle Office Associate - Investment Operations position at Apollo Management Holdings, L.P.?
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 Global Management is seeking an individual to work as a Middle Office team member within its operations department. This team provides investment operational support to various Funds, Separately Managed Accounts and Portfolio companies managed by Apollo, a leading global alternative asset management company. Functional responsibilities will include oversight of end-to-end operational support functions (including but not limited to Trade Support, Collateral Management, Asset Servicing, Reconciliations), fund liquidity management, NAV compilation and maintenance, fund onboarding, new business strategy facilitation, and project management. The environment is fast-paced and multi-faceted, suitable only for candidates with the ability to work efficiently through multiple initiatives with a collaborative and entrepreneurial spirit.
PRIMARY RESPONSIBILITIES:
Providing daily cash liquidity reporting to the front office and assisting in funding daily business needs.
Work with fund accounting/fund admins/pricing teams to prepare and validate NAV and P&L items.
Monitor FX balance and trading needs, preparing hedging recommendations for the funds.
Monitor private deal pipelines to ensure liquidity, operational readiness, and timely funding on closing dates. (Revolver/Delayed Draws, CMLs, privately originated loans)
Counterparty Relationship Management
Ad-Hoc Reporting
Project Management / Target Operating Model enhancement
General business enablement responsibilities
Monthly signoffs on cash, position, and income items. Subsequent communication with Finance teams and external admins to ensure timely month-end deliverables
Responsible for daily oversight for daily operational functions including but not limited to: Trade Support, Collateral Management, Asset Servicing, Reconciliation
Qualifications & Experience
Undergraduate Degree with 2-5 years of relevant experience
Product knowledge exposure:
Bank Debt (syndicated, private, all structures)
Real Estate (commercial and residential)
Cash Fixed Income
Credit and Rate Derivative
FX and FX derivatives
Equity/Options (listed and otc)
Strong Fund knowledge (P&L/NAV/etc)
Demonstrated experience in process improvements
Advanced Microsoft Office skills required
Experience with VPM, Everest, IVP, MicroStrategy is a plus
Skills Requirement
Must be able to multi-task; should be a quick and autonomous learner
Must be able to work under pressure with competing tight deadlines
Strong communication and writing skills
Must be comfortable communicating with traders and portfolio managers
Collaborative Approach
Driven Self-Starter
Pay Range
$110,000 – $125,000Apollo 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 - $125,000