What are the responsibilities and job description for the Associate – Asset Backed & Fund Finance Junior Deal Captain position at Redding Ridge Asset Management?
THE TEAM
RRAM’s Structuring & Advisory team oversees Redding’s debt structuring (~27bn of BSL CLOs and Corporate Bonds) and aids in Apollo’s Private Rated Credit initiatives. Apollo’s Private Rated Credit initiatives include support for Apollo’s 16 Origination Platforms and other issuers utilizing ABS, Corporate and Fund rating methodologies to find the most efficient solution to creating rated debt. Having helped issue and rate over $48bn of debt in 2024, Redding’s success is driven by its ability to take a long-term view with our partners to achieve an optimal outcome. Redding’s concierge approach starts with understanding the goal and treating each situation as if it could be ABS, Fund or Corporate Debt and not as a one off transaction. This synergistic approach to rating and managing debt has lead to, what we believe to be, innovations in structuring.
In partnership with Apollo Global Management and driven by RRAM's long-term strategic vision, the Structuring & Advisory team has successfully harnessed best in class financing structures to revolutionize and expand the scope of Private Credit & Asset Backed Finance, offering the right candidate an unparalleled opportunity to directly contribute to these innovative efforts.
THE ROLE
We’re always looking to add talented professionals to our Structuring & Advisory team — individuals who are motivated to grow in a meritocratic and entrepreneurial environment. For those eager to make an impact in a fast-evolving space, we offer a unique opportunity to contribute meaningfully to these innovative efforts. If you're ready to take the next step in your career, we encourage you to explore our open roles or connect with a member of the team.
The Structuring and Advisory team at Redding Ridge Asset Management ("RRAM") seek a talented Asset-Backed Securities ("ABS") Associate with strong attention to detail and excel skills to join its growing Asset Backed & Fund Finance structuring function in New York.
RESPONSIBILITIES
The Associate will focus on supporting the senior team members across asset-backed & fund finance transactions globally. The ideal candidate will have a strong analytical background with experience in asset-backed finance or fund finance.
Specific responsibilities will include:
- Work closely with senior team members and other stake holders, including Apollo, Athene and Apollo platform companies, to assist in all stages of deal execution.
- Maintain rating agency criteria grid and transaction comp sheets across ABS asset classes.
- Draft and maintain deal trackers, issues list.
- Assist with investor and rating agency presentations.
- Maintain and help drive execution timelines.
- Analyze historical portfolio and performance data to derive base case and rating agency stressed case assumptions.
- Assist in building and running cashflow models using Excel and Intex for various asset classes, including replicating rating agency stress scenarios.
QUALIFICATIONS
Current successful team members have work experience at sell side banks, accounting firms, rating agencies & law firms and educational experiences in Engineering, Computer Science, Mathematics, Accounting & Business.
- Bachelor's degree in finance, accounting, mathematics or a related field
- 3 years of experience Asset Backed/Fund Finance
- Strong written and verbal communication skills
- Familiarity of rating agency methodologies with desire to learn more asset classes
The base salary range for this position is dependent on individual candidate experience and skills. 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 experience and expertise, and may vary from the amounts listed here.
Redding Ridge Asset Management 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.
Salary : $175,000 - $200,000