Associate, Middle Office

Athene; London; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a Middle Office team member to enhance its Operations department. This role involves providing crucial investment operational support across various funds and accounts, ensuring smooth liquidity management and NAV maintenance. The dynamic environment requires a candidate with strong fund knowledge and the ability to work efficiently under pressure. You'll engage in diverse responsibilities, from cash liquidity reporting to counterparty relationship management, all while collaborating within a fast-paced team. If you're ready to make a significant impact in a thriving sector, this opportunity is for you.

Qualifications

• 3-7 years of relevant experience in investment operations.
• Strong fund knowledge, especially in P&L and NAV.

Responsibilities

• Provide daily cash liquidity reporting and assist in funding needs.
• Monitor FX balance and prepare hedging recommendations.
• Oversee operational functions including Trade Support and Reconciliation.

Skills

Cash Liquidity Reporting

NAV and P&L Validation

Counterparty Relationship Management

Process Improvements

Strong Communication Skills

Multi-tasking

Education

Undergraduate Degree

Tools

Microsoft Office

VPM

Everest

IVP

MicroStrategy

Job description

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
• General business enablement responsibilities
• Monthly sign-offs on cash, position, and income items, with subsequent communication with Finance teams and external admins to ensure timely month-end deliverables
• Responsible for daily oversight of operational functions including Trade Support, Collateral Management, Asset Servicing, Reconciliation

Qualifications & Experience

• Undergraduate Degree with 3-7 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:

• Ability to multi-task; quick and autonomous learner
• Work effectively under pressure with tight deadlines
• Strong communication and writing skills
• Comfortable communicating with traders and portfolio managers