Position Overview
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.
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 consumer finance, residential mortgages, commercial mortgages, 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 Associate to join its El Segundo, CA-based investment team to focus on consumer credit and related specialty finance opportunities. Relevant sub-sectors to include auto loans and leases, private student loans, point-of-sale (e.g., home improvement, residential solar, etc.), personal unsecured loans, credit cards, chattel loans, and other granular specialty finance asset types. Prior experience is not expected in each of these sub-sectors; however, a willingness and ability to tackle new sections will be key. The role will require the use of both trading desk and private equity-style skill sets to evaluate, structure, execute, and asset manage investment opportunities and will entail significant cross-platform coordination. The individual will report directly to the responsible Portfolio Manager and will have the opportunity to invest on behalf of a high-profile new initiative within the firm.
Key Responsibilities
Support the investment team in screening, preliminary analysis, and trading of residential mortgage whole loan pools and mortgage-backed securities
Assist with financial modeling, data / model validation, and performance tracking to inform valuation, portfolio monitoring, and investment committee materials
Collaborate with cross-functional teams (quantitative analytics, legal, and portfolio management) to streamline due diligence processes and maintain accurate transaction documentation
Conduct market and sector research on mortgage credit, consumer finance, and securitization trends, summarizing key findings for impactful presentations and portfolio review discussions
Support the investment and quantitative analytics team in the preparation of reporting packages for review in risk and portfolio management meetings
Maintain, in conjunction with the investment team, additional tools and models utilized in analysis and trading opportunities
Our Summer Program
Our 10-week Summer Program provides full immersion into the small, dynamic teams that drive Apollo’s innovative investment strategies and access to an unparalleled, apprenticeship learning experience. This role will be based in El Segundo, California. Come to Apollo and join a community of extraordinary people who are committed to a culture of excellence and collaboration in everything that we do.
Our Purpose and Core Values
Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:
The leading provider of retirement income solutions to institutions, companies, and individuals.
The leading provider of capital solutions to companies, with a unique ability to partner at scale and deliver thoughtful, dedicated guidance.
A contributor to global challenges—such as energy transition, technological innovation, and social impact—using investment as a force for good.
As” One Apollo” We:
Outperform expectations
Challenge convention
Champion opportunity
Lead responsibly
Drive collaboration
We believe great work and having fun go hand-in-hand, and we are proud of what we can achieve together.
Qualifications & Experience
Pursuing an MBA or JD/MBA (Class of 2027) with an excellent academic record and a demonstrated interest in finance through previous internships, jobs, and coursework
Mathematics/Physics/Computer Sciences or Engineering preferred
Excel (including familiarity with VBA)/Powerpoint/Word
Strong quantitative skillset with a background in quantitative finance and comfort with quantitative finance fundamentals, including large data set analysis, regression based modeling, and monte carlo simulations
Familiarity with derivative instruments and relative markets, including swaps, futures and options
Experience in Intex Dealmaker and Calc preferred
Fluency in C++,C# and Python preferred
Pay Range
$175,000Apollo Global Management, Inc. (together with its subsidiaries and affiliates) is committed to championing opportunity.
The firm 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.
The contents of the qualifications and experience section of this job description are a guideline only. If an applicant can otherwise demonstrate their suitability for the role they will be considered.
The base salary range for this position is listed above. 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 candidate experience and expertise, and may vary from the amounts listed here.