Associate, Asset-Backed Finance

Apollo Management • El Segundo, CA

296d • $150,000 - $200,000

About The Position

Apollo Asset-Backed Finance (“ABF”) is a $100+ billion AUM strategy within Apollo's Credit platform which spans a diverse set of product types (including residential mortgages, commercial mortgages, consumer finance, commercial and trade finance, equipment and transportation, hard assets, royalties, and other structured debt assets), investment formats (including securitized products, whole loans, ABLs, bespoke financings, and structured equity), and risk-return profiles on behalf of Apollo-managed funds, managed accounts, and affiliated balance sheets. ABF also works in close collaboration with Apollo's financial services private equity and capital solutions teams on the management of and deployment opportunities arising from Apollo's origination platform ecosystem.

Requirements

• 3-5 years of relevant experience; prior experience in an investment banking, trading desk, or buy-side asset management role focused on residential mortgage investments is highly desirable
• Bachelor's degree from a top-tier university with a record of academic achievement (ideally in a field requiring quantitative or technical aptitude such as economics, finance, math, etc.)
• MBA, MFE, and/or progress towards a CFA designation is desirable but not required
• Demonstrated analytical, quantitative, problem-solving, and financial modelling skills
• Excellent verbal and written communication and presentation skills
• Capable of developing independent opinions and defending own views
• Working knowledge of relevant legal matters involving the structuring and operation of structured finance transactions
• Mastery of Microsoft Office (Word, Excel, Powerpoint, etc.) and Bloomberg are required; proficiency in Intex, Basic VBA and SQL is desirable but not required

Nice To Haves

• Professional, proactive, well-organized, flexible, dependable, and able to prioritize tasks in a fast-paced environment with a close attention to detail

Responsibilities

• Participate in idea generation, sourcing, and screening of potential investment opportunities
• Provide the relevant Portfolio Managers with analytical and risk management support on all investment related activities including trading, credit analysis, valuation, due diligence, portfolio monitoring and business development initiatives
• Engage with Apollo's quantitative analytics team on a regular basis to ensure the timely delivery of any pending analytical and data requests
• Lead the preparation of internal investment committee presentations, screening memos, and ad hoc discussion materials including but not limited to portfolio monitoring, marketing requests, etc.
• Develop relationships with internal and external stakeholders and market participants
• Develop an in-depth knowledge of the US residential mortgage sector, monitor industry conditions and trends, and pursue initiatives to enhance our analytics, outreach, and research impact

Benefits

• Discretionary annual bonus based on personal, team, and Firm performance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree