Trading Analyst, Asset-Backed Finance
About The Position
Apollo Asset-Backed Finance (“ABF”) is a $250+ 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. The Role ABF is currently seeking an Analyst to join its El Segundo, CA-based trading team to focus on residential mortgage-backed securities. Relevant sub-sectors to include Non-QM, Closed-End Second Liens, Agency Eligible Investor, Prime Jumbo, Re-Performing and other mortgage types. Duties will include assisting Trading Team Members with daily trading support activities, including trade booking, reconciliation and portfolio maintenance. The role will also involve screening investment opportunities and preparing analytics, reports and presentations for investments and internal stakeholders.
Requirements
- 0-2 years of relevant experience; prior experience in residential mortgage is preferred but not required.
- Recent graduates with strong academic credentials and demonstrated interest in fixed income markets will be considered
- 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.)
- Demonstrated analytical, quantitative, problem-solving, and financial modelling skills
- Excellent verbal and written communication and presentation skills
- Mastery of Microsoft Office (Word, Excel, PowerPoint, etc.) is required; proficiency in Basic VBA and SQL is desirable but not required
Responsibilities
- Partner directly with Traders and Portfolio Managers within the Asset Backed Finance team to support daily trading and portfolio management activities
- Participate in screening of potential investment opportunities in primary and secondary residential mortgage-backed securities market
- Assist in preparation of presentations for investments and internal stakeholder meetings
- Accurately book and maintain all trade activity across internal systems, ensuring timely and precise capture of transactions
- Liaise with Operations and Back Office teams to monitor trade settlements, proactively resolve discrepancies, and minimize trade fails
- Reconcile positions and validate trading exposure, position sizes, and P&L to ensure alignment between front-office and official books and records
- Assist with trade confirmations, lifecycle events, and ongoing portfolio maintenance across structured credit and asset-backed positions
- Support ad-hoc analysis and reporting to facilitate investment decision-making and risk management
- The candidate will be expected to develop an in-depth knowledge of US residential mortgage sector and structured investments
- Over time, an individual who demonstrates acumen and growth potential will take on additional, higher-level responsibilities
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
