Valuations Associate

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.

Our Chief Accounting Office team sits within the firm’s broader Finance function and is focused on corporate accounting, reporting and analytics. The team spans globally and consists of verticals in Financial Reporting, Tax Finance, Valuations, Accounting Policy, Transactions and Shared Services.

The Valuations Professional is part of the global team responsible for Private Equity portfolio valuation, as well as valuation-related exercises for Apollo’s public company reporting. The Valuations professional will also provide a range of key portfolio company statistics and fund level results to various groups at Apollo including Marketing, Legal, Financial Reporting, Controllers, Budgeting, and Investor Relations.

Primary Responsibilities

• Facilitate the Valuation Process in the Private Equity segment – generally a quarterly process covering a wide variety of asset classes across several funds and investments  

• Develop quarterly mark-to-market valuations of the Apollo portfolio companies to determine the fair value used in connection with preparing financial statements and performance analysis

• Independently value financial instruments and complex securities across the capital structure, including equity (common/preferred), debt, convertibles, warrants, loans, etc.

• Assist in developing valuation models and methodologies for new investments and challenging methodologies and assumptions for existing investments, utilizing technical knowledge

• Leverage and continue to develop a deep technical strength in the valuation of alternative assets, serving as a subject matter expert for the firm and sharing that knowledge throughout Apollo

• Collaborate with investment teams to understand new investments and deal origination assumptions

• Coordinate with deal teams, third party valuation firms and auditors to create accurate and timely valuations

• Create summary materials that will be presented to valuation committees for review and approval of significant changes/events, valuation and market trends, and key judgments

• Review and update Fund reports and Marketing materials sent to existing/potential investors. Present on valuation procedures and best practices to existing/potential investors.

• Prepare documentation in support of compliance with SOX and external audit requirements

• Perform advisory valuation services to various business units on an ad hoc basis

• Ad hoc special projects

Qualifications & Experience

• 3-5 years of related work experience 

• Experience building valuation models (DCF, Comp Multiple and Option Models) 

• Knowledge of capital markets/ illiquid valuations (examples – private equity (common / preferred), warrants, bank loans, mezzanine loans ,etc.) 

• Demonstrated technical, analytical, and problem-solving skills, including streamlining processes 

• Ability to complete financial models under the pressure of tight deadlines, and apply modeling techniques to complex scenarios 

• Strong verbal and written communication skills 

• Understanding of Alternative Investment strategies and products 

• Bachelor's or Master’s degree in Finance, Accounting or Economics 

• Strong functional background working with Excel. Familiarity with Capital IQ and Bloomberg a plus. 

• Finance, Valuation, or Investment Banking training program preferred 

• CFA professional designation or working towards, a plus 

OUR PURPOSE AND CORE VALUES

Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:

The leading provider of retirement income solutions to institutions, companies, and individuals.

The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

OUR BENEFITS

Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits.

Apollo Global Management Inc. is an equal opportunity/affirmative action employer.  The firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.

Pay Range

Apollo 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 - $130,000