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Middle Office Professional - Investment Operations

Apollo
Posted 2 months ago, valid for 15 days
Location

New York, NY 10008, US

Salary

$41.67 - $50 per hour

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Contract type

Full Time

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Sonic Summary

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  • Apollo Global Management is looking for a Middle Office team member to provide operational support for various investment funds and accounts.
  • The role requires an undergraduate degree and at least 4 years of relevant experience in areas such as fund accounting, cash liquidity management, and operational oversight.
  • Key responsibilities include daily cash liquidity reporting, NAV and P&L validation, and project management within a fast-paced environment.
  • The salary for this position ranges from $110,000 to $135,000, with eligibility for a discretionary annual bonus based on performance.
  • Candidates must possess strong analytical skills, the ability to multitask, and effective communication skills to collaborate with traders and portfolio managers.

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-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 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 signoffs 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 4+ 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, IVP, MicroStrategy is a plus

Skills Requirements

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

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

  • Critical thinker with strong quantitative, qualitative, and analytical skills who express their thoughts and ideas clearly both in oral and written communications

  • Demonstrated track record with data visualization tools, and a comfort in AI/Machine learning implementation

  • Ability to understand issues and provide well thought solutions while uncovering patterns and trends in the data

  • Experience maintaining data management systems, coordinating numerous data sources/applications while managing internal and external parties

  • Strong communication and writing skills

  • Must be comfortable communicating with traders and portfolio managers

  • Collaborative Approach

  • Driven Self-Starter

Pay Range

$110,000-$135,000

Apollo 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.




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