Associate/Principal, Credit Portfolio Monitoring

Posted:
10/9/2024, 9:11:13 AM

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

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

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.

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. We invest in our people for the long term and are committed to supporting their development at every stage of their career.

The Role

The Apollo Direct Lending investment team is responsible for sourcing, underwriting, and managing private corporate credit investments across a variety of industries, representing more than $55 billion of AUM today. Direct Lending is one of the fastest growing segments within alternative asset management and strategic priority for Apollo. This role will be a member of the core Direct Lending investment team focused on monitoring individual private corporate investments, aggregating issuer-level insights at the portfolio-level and developing insights and analysis across Apollo’s Direct Lending portfolio.

This individual will be tasked with developing a deep understanding of the factors driving fundamental performance of specific credits, working alongside underwriting teams to monitor individual issuers within Apollo’s non-investment grade corporate private loan portfolio. The ideal candidate will have a passion for corporate financial analysis across industries.

Primary Responsibilities

  • Develop and own credit monitoring processes for the Direct Lending business with an eye toward consistency and scalability.

  • Work alongside underwriting deal teams to develop expertise with respect to individual issuers in the Apollo portfolio. Act as a resource to senior business leaders regarding recent developments at the issuer-level.

  • Own credit statistics for individual borrowers and in the aggregate at the portfolio level; build and maintain performance and risk assessment analyses focused on revenue/earnings growth, covenants, liquidity, coverage ratios.

  • Lead the quarterly portfolio review process for the direct lending business; monitor and propose updates to risk ratings alongside deal teams and senior leaders.

  • Play a leadership role related to issuer-level data initiatives across the Direct Lending business with an emphasis on technology

  • Develop and deliver regular internal and external reporting and analysis on direct lending / private credit portfolio company trends for internal and external consumption.

  • Spearhead ad hoc portfolio analysis as needed.

Qualifications & Experience

  • Bachelor’s degree with a record of academic achievement in a related field such as finance, economics, math, or data analysis preferred.
  • 6-7 years of relevant experience in a related field or position; [strong preference for sell-side equity or credit research analysts or candidates in a similarly situated buy-side role].
  • Exceptional understanding of financial statement analysis and financial modeling; broad-based analytical skillset.
  • Consummate team player with a strong desire to help optimize and grow Apollo’s expanding Direct Lending business.
  • Highly adaptable, with flexibility on depth and breadth of role and responsibilities.
  • Desire to take initiative and ownership – strong sense of accountability, responsiveness and follow-through.
  • Self-starter with a willingness to execute projects on a small, nimble team.
  • Excellent organizational skills and ability to manage multiple tasks, deadlines, and responsibilities.
  • Excels in a rigorous and face-paced work environment.

About Apollo

Our Purpose & 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.

Apollo Global Management, Inc. (together with its subsidiaries and affiliates) 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

$200,000-300,000

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.