Middle Office Operations Associate - Apollo Insurance Solutions Group

Apollo Insurance Solutions Group • New York, NY

309d • $110,000 - $130,000

About The Position

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. The ISG Middle Office Associate will play a critical role in trade support, account onboarding, portfolio rebalancing, and client service across Apollo Insurance Solutions Group's (“ISG”) investment portfolios. This role will also be responsible for collateral management, alternative investment support, investment funding and wire processing, and break resolution. Additionally, the Associate will provide support for ISG's SOC-1 and SOX audit requests and oversee outsourced activities, ensuring seamless execution and data integrity within ISG's systems.

Requirements

• Bachelor's degree from accredited University/College; Preferred Finance/Accounting/Economics/Info Systems Major
• 5+ years of experience in the investment management/asset management industry; Internships included
• Detail-oriented, well-organized and ability to demonstrate sound judgement
• Prior Middle Office or Back Office operations experience is a plus
• Communicates professionally and constructively to effectively resolve issues to minimize risk
• Familiarity with physical settlements, repurchase agreements, bank loans, CLO's, and primary market deal settlements required
• Strong technology skills such as: Bloomberg, Excel, VBA, SQL, CTM, DTCC Alert, and SWIFT
• Excellent organizational skills, attention to detail, and the ability to work both independently and within a team
• Effective communication and stakeholder management skills, with the ability to work across teams and drive resolution on complex issues.

Responsibilities

• Monitor and resolve trade issues, inquiries from clients, front office, brokers, and custodians to ensure timely and accurate settlement.
• Oversee trade processing across various asset classes, including physical settlements, repurchase agreements, bank loans, CLOs, and primary market deals.
• Manage and oversee collateral processing activities, ensuring accurate and timely execution of margin calls, substitutions, and reporting.
• Process and review investment funding transactions, ensuring compliance with ISG's internal policies and regulatory requirements.
• Monitor and reconcile all wire/funding activity, collaborating with finance and accounting teams to ensure accuracy.
• Perform and enforce ISG's SOC-1 and SOX control procedures, maintaining compliance with regulatory and operational standards.
• Collaborate with senior management to drive continuous improvements in workflows, automation, and operational efficiencies.
• Assist the Investment Accounting team with all position and transaction reconciliation discrepancies relating to functions and processes supported by the Middle Office team.
• Assist with new client, asset, and portfolio onboarding, ensuring seamless integration within ISG's operational framework.
• Lead and participate in key projects aimed at enhancing middle-office capabilities, controls, and scalability.
• Support technology and business initiatives, including system enhancements, workflow automation, and data integrity projects.

Benefits

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree