Analyst/Associate, Corporate Credit (Credit Estimates)

Redding Ridge Asset Management•York, NY

1d•Onsite

About The Position

Redding Ridge Asset Management LLC (“Redding Ridge”) was established and seeded by Apollo Global Management, Inc. (together with its subsidiaries, “Apollo”) in 2016. Redding Ridge’s primary business consists of acting as collateral manager for CLO transactions and related warehouse facilities in both the U.S. and Europe. Redding Ridge also provides structuring and ratings advisory services to issuers across various asset classes. Redding Ridge's Corporate Credit Ratings team supports rating advisory and rating management assignments across the Apollo platforms, including Apollo's corporate originations and private equity businesses. The team's mandate spans CLO portfolio management, credit estimate administration, and rating advisory across financial services, specialty finance, and corporate sectors. This Analyst/Associate role is focused specifically on the credit estimate and private letter rating workflow within Apollo’s direct lending business, with a primary emphasis on ADL and corporate infrastructure lending CLO pools.

Requirements

2 to 4 years of relevant experience in structured credit, at a rating agency, or at a direct lending or middle market credit platform.
Familiarity with S&P or Fitch corporate rating methodologies, including the credit estimate framework and the criteria used to assess unrated obligors.
Experience reading and interpreting credit agreements, loan documentation, and borrower financial statements.
Strong Excel skills and comfort with data management, including financial data tape construction and tracking spreadsheet maintenance.
Working knowledge of CLO indenture compliance concepts, including weighted average rating factor, diversity score, and overcollateralization and interest coverage ratios.
Excellent written and verbal communication skills, including the ability to manage correspondence with external rating agency contacts.
Highly organized with strong attention to detail; capable of managing multiple active credit estimate submissions and tracking cycles concurrently.
Demonstrates intellectual curiosity, takes initiative, and responds constructively to feedback.
Bachelor's degree in finance, accounting, economics, or a related field.

Responsibilities

Prepare borrower financial packages for submission to S&P Global Ratings and Fitch Ratings , including financial statements, credit agreements, and supporting documentation formatted to meet rating agency submission requirements.
Build and maintain financial data tapes for rating agency submissions, ensuring accuracy and completeness of borrower-level financial metrics at each refresh cycle.
Track credit estimate status and refresh cycles across the CLO portfolio, maintaining a current submission pipeline and flagging estimates approaching expiration or pending update.
Coordinate with structuring and portfolio management teams to align credit estimate timing with CLO transaction requirements and compliance testing calendars.
Serve as the primary operational contact with S&P and Fitch analysts on active credit estimate submissions, managing information requests and response timelines.
Maintain the integrity of credit estimate inputs used in CLO compliance calculations, including weighted average rating factor, diversity score, and overcollateralization and interest coverage ratios.