Associate - Asset Backed Finance

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.

Apollo seeks a Quantitative Developer for its India Mumbai office within Quantitative Development team. The Quantitative Development team maintains proprietary mortgage investment risk models used for financial reporting, risk measurement, pricing and strategic business decisions. The candidate will report jointly to the Woodland Hills Consumer & Residential Quantitative Analytics team as well as the Indian Quantitative Analytics Team in support of the mortgage effort. Candidate will support trading and portfolio management team in daily tasks associated with mortgage trading and are expected to provide support until Noon NY time. Strong performers will have the opportunity to advance into larger responsibilities on the quantitative analytics team.

RESPONSIBILITIES:

• Analyze and create portfolio loan tapes, verifying data consistency and generating stratifications and analysis

• Data Analytics:

  • Applying transformations, substitutions to mortgage datasets to be used as an input to proprietary models

  • Perform model runs

  • Communicating with the traders on any assumptions applied

  • Updating data tapes once new data is available

• Maintain data, research and assumptions on historical model runs

• [Populate key fields into Data Warehouse]

• Performing ad-hoc requests for data analysis, queries, etc, as needed by portfolio management and trading team

• Automating reporting and monitoring processes for existing transactions

Qualifications & Experience

• Minimum Bachelor’s degree, ideally an advanced degree, in a Quantitative background (statistics, machine learning, quantitative finance, financial mathematics, econometrics, physics, mathematics)

• Junior Quant Analyst – (1-3 yrs)

• Experience working with data processing language, Python is preferred

• Experience working with basic data analysis tools such as SQL, Excel, etc.

• Experience working with basic programming languages (C++ and C# preferred)

• Basic knowledge of finance, capital markets

• Detail oriented

• Strong communication skills, both written and verbal

• Ability to work in a fast-paced environment, under pressure and deliver accurately and on time

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.