Middle Office Analyst

Posted:
5/13/2024, 5:00:00 PM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Operations & Logistics

Workplace Type:
Hybrid

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 Global Management is seeking an individual to work as a Middle Office team member within its Operations department. This team provides investment operational support to various Funds, Separately Managed Accounts and Portfolio companies managed by Apollo, a leading global alternative asset management company. Functional responsibilities will include oversight of end-to-end operational support functions (including but not limited to Trade Support, Collateral Management, Asset Servicing, Reconciliations), fund liquidity management, NAV compilation and maintenance, fund onboarding, new business strategy facilitation, and project management. The environment is fast-paced and multi faceted, suitable only for candidates with the ability to work efficiently through multiple initiatives with a collaborative and entrepreneurial spirit.

Primary Responsibilities

  • Providing daily cash liquidity reporting to the front office and assisting in funding daily business needs.

  • Work with fund accounting/fund admins/pricing teams to prepare and validate NAV and P&L items.

  • Monitor FX balance and trading needs, preparing hedging recommendations for the funds.

  • Monitor private deal pipelines in order to ensure liquidity, operational readiness, and timely funding on closing dates. (Revolver/Delayed Draws, CMLs, Privately originated loans)

  • Counterparty Relationship Management

  • Ad-Hoc Reporting

  • Project Management / Target Operating Model enhancement

  • General business enablement responsibilities

  • Monthly sign-offs on cash, position, and income items. Subsequent communication with Finance teams and external admins to ensure timely month-end deliverables

  • Responsible for daily oversight for daily operational functions including but not limited to: Trade Support, Collateral Management, Asset Servicing, Reconciliation

Qualifications & Experience

  • Undergraduate Degree with 3-5 years of relevant experience

  • Demonstrated experience in process improvements

  • Advanced Microsoft Office skills required

  • Experience with VPM, Everest, IVP, MicroStrategy is a plus

  • Product knowledge exposure:

• Bank Debt (syndicated, private, all structures)

• Real Estate (commercial and residential)
• Cash Fixed Income
• Credit and Rate Derivative
• FX and FX derivatives
• Equity/Options (listed and otc)

Skills Requirement

  • Must be able to multi-task; should be a quick and autonomous learner

  • Must be able to work under pressure with competing tight deadlines

  • Strong communication and writing skills

  • Must be comfortable communicating with traders and portfolio managers

  • Collaborative Approach

  • Driven Self-Starter

Apollo Global Management Inc. is an equal opportunity/affirmative action employer.  The firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.

Pay Range

$ 85,000 – $110,000

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.

Apollo Global Management

Website: https://apollo.com/

Headquarter Location: New York, New York, United States

Employee Count: 1001-5000

Year Founded: 1990

Last Funding Type: Post-IPO Debt

Industries: Asset Management ⋅ Credit ⋅ Financial Services ⋅ Property Management ⋅ Real Estate