Associate - CLO Investing

Apollo Global Management, Inc.; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

Apollo's Asset-Backed Finance business seeks an Associate for its Structured Credit Investing team. The successful candidate will analyze and monitor structured credit investments, gaining exposure to various aspects of the business, including market tracking, portfolio management, and investor relations.

Qualifications

• 3-5 years of experience in structured credit or relevant roles.
• Proficient knowledge of CLO documentation and cashflow modeling systems.
• Experience managing competing priorities across multiple projects.

Responsibilities

• Monitor CLO market transaction activity daily and communicate with bank counterparties.
• Support portfolio managers in screening market opportunities.
• Assist in preparing underwriting memos for the investment committee.

Skills

Attention to detail

Written communication

Verbal communication

Interpersonal skills

Collaboration

Education

Undergraduate degree

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

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Apollo’s Asset-Backed Finance business is seeking an Associate to join its Structured Credit Investing team to focus on the analysis and monitoring of structured credit investments, specifically CLOs (“Collateralized Loan Obligations”). This role will offer the successful candidate an opportunity to interface with multiple aspects of the business and gain exposure to primary market tracking and investing, secondary market trading, bespoke transactions, portfolio management and fund level monitoring/reporting, as well as marketing and investor relations.

Primary Responsibilities:

• Monitor CLO market transaction activity on a daily basis, helping to track potential investment opportunities. This will require daily communication with bank counterparties on Bloomberg, Outlook, and over the phone.
• Support portfolio managers and traders to screen primary and secondary market opportunities
• Assist in preparation of underwriting memos which will be presented to the investment committee
• Assist with team reporting and reviews of existing positions and portfolios
• Help marketing/investor relations team create presentations for investors such as portfolio updates or new mandate proposals
• Maintain a variety of market intelligence databases

Qualifications & Experience

• 3-5 years of experience in structured credit, fixed income, or similar/relevant roles (banking, sales/trading, etc.)
• Proficient knowledge and ability to execute CLO documentation and use a cashflow modeling system used by the CLO market to analyze deal and investment metrics preferred
• Proficient in Microsoft Excel and PowerPoint
• Undergraduate degree with a record of academic achievement
• Excellent attention to detail; strong written and verbal communication skills
• Robust interpersonal skills to support communication with external counterparties and management of internal stakeholders, both within Credit ecosystem and across broader investment platform
• A “collaboration-first” mindset and a desire to work within a team that values collective results
• Excels in a rigorous and fast-paced team-oriented work environment; adept at managing competing priorities across multiple projects, transactions, and workstreams

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.

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.

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, 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 roe. Roles are conditional upon and subject to satisfactory reference and background screening checks, as well as all necessary corporate and regulatory approvals or certifications as required from time to time.