Associate - Operations Middle Office

Posted:
8/19/2024, 5:00:00 PM

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

Experience Level(s):
Senior

Field(s):
Operations & Logistics

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:  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-facet, 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 oversight

  • 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 5-8 years of relevant experience

  • 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)

  • Strong Fund knowledge (P&L/NAV/etc)

  • Demonstrated experience in process improvements

  • Advanced Microsoft Office skills required

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


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 provides equal employment opportunities regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, veteran status, gender/sex or sexual orientation, or any other criterion or circumstance protected by applicable law, ordinance, or regulation. The above criteria are intended to be used as a guide only – candidates who do not meet all the above criteria may still be considered if they are deemed to have relevant experience/ equivalent levels of skill or knowledge to fulfil the requirements of the role. Any job offer will be conditional upon and subject to satisfactory reference and background screening checks, all necessary corporate and regulatory approvals or certifications as required from time to time, and entering into definitive contractual documentation satisfactory to Apollo.

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