Associate - Valuations

Posted:
9/17/2024, 7:42:47 PM

Location(s):
Maharashtra, India ⋅ Mumbai, Maharashtra, India

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Position Overview

ABOUT APOLLO

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.

 

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. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

 

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

 

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

 

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

 

OUR BENEFITS

Apollo relies on its people to keep it a leader in alternative investment management, and the firm’s benefit programs are crafted to offer meaningful coverage for both you and your family. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits.

POSITION OVERVIEW:

The Valuations Associate is part of the global team responsible for portfolio valuation, as well as valuation-related exercises for Apollo’s public company reporting. The Associate would be responsible for portfolio of securities in India as well as globally. This is a newly created position based on growth of the business and will have the opportunity to develop and shape new processes, with a risk management, analytics, and operational focus. The position is expected to interface directly and closely with various functions at Apollo including investment teams, finance, operations, and compliance/legal.

PRIMARY RESPONSIBILITIES:

  • Facilitate the valuation process and coordinate valuation governance activities in the Credit segment – our largest segment, spanning product types and strategies, encompassing the majority of the $696B AUM

  • Review and assess trading and capital market activity for private credit across Apollo funds, investment vehicles, and strategies, including assessment versus existing valuations.

  • Valuation risk management and analytics of private credit portfolio

  • General valuation process governance, oversight, execution, and socialization with internal and external stakeholders, including investors.

  • Collaborate with investment teams to understand new investments and deal origination assumptions.

  • Create summary materials that will be presented to valuation committees for review and approval of significant changes/events, valuation and market trends, and key judgments.

  • Ownership of valuation policies, procedures, and best practices

  • Prepare documentation in support of compliance with SOX and external audit requirements.

  • Ad hoc special projects and new initiatives

  • Coordinate with third party valuation firms and deal teams to create accurate, timely valuations

  • Validate and update valuation models as well as inputs, and assess applicable methodologies

  • Create summary materials highlighting significant changes/events and industry analyses, to be presented to the valuations committees for their review and approval of all valuations

Qualifications & Experience

·         Experience in building valuation models (DCF, Market approach and Option Models)

·         Demonstrated history of and interest in operational excellence, including ability to execute processes comprehensively and seamlessly, including reporting.

·         Technical, analytical, and problem-solving skills

·         Understanding of Alternative Investment strategies and products

·         Ability to complete financial models under the pressure of tight deadlines

·         Apply modeling techniques to challenging, real-world problems

·         Strong functional background working with Excel

·         Familiarity with financial services applications (CapIQ, Bloomberg, etc.) a plus

·         Minimum of 9 years of related work experience

·         Bachelors or Master's degree in Finance, Accounting or Economics. Alternatively, Computer science or engineering degree

·         CFA professional designation or working towards preferred but not required

Finance, Valuation or Investment Banking training program preferred