Location: New York,NY, USA
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 Valuations Professional is part of the global team responsible for Credit, Private Equity, and Real Estate portfolio valuation, as well as valuation-related exercises for Apollo's public company reporting. This role will also provide a range of key portfolio company statistics and fund level results to various groups at Apollo including Marketing, Legal, Financial Reporting, Controllers, Budgeting, and Investor Relations
Primary Responsibilities
* Facilitate the Valuation Process in the Credit segment - quarterly and certain monthly processes covering a wide variety of asset classes across hundreds of borrowers/issuers
* Value financial instruments and complex securities across the capital structure independently, including loans, equity (common/preferred), convertibles, and warrants
* Leverage and continue to develop a deep technical strength in the valuation of alternative assets, serving as a firm resource for that expertise and sharing that knowledge throughout Apollo
* Develop valuation methodologies and models for new investments and challenge methodologies and assumptions for existing investments utilizing technical knowledge
* Collaborate with investment teams to understand new investments and deal origination assumptions
* Create summary materials and present to valuation committees for review and approval of significant changes/events, valuation and market trends, and key judgments
* Coordinate with third party valuation firms and deal teams to create accurate, timely valuations
* Perform advisory valuation services to various business units on an ad hoc basis
* Review and update Fund reports and Marketing materials sent to existing/potential investors. Present on valuation procedures and best practices to existing/potential investors.
* Prepare documentation in support of compliance with SOX and external audit requirements
Qualifications & Experience
* 3-5 years of related work experience
* Experience building valuation models (DCF, Comp Multiple and Option Models)
* Knowledge of capital markets/ illiquid valuations (examples - bank loans, mezzanine loans, and private equity)
* Demonstrated technical, analytical, and problem-solving skills, including streamlining processes
* Ability to complete financial models under the pressure of tight deadlines, and apply modeling techniques to complex scenarios
* Comfort managing the valuation process across a large quantity of diverse investments in parallel
* Confidence presenting valuation methodologies and assumptions to senior management concisely and clearly
* Understanding of Alternative Investment strategies and products
* Bachelor's or Master's degree in Finance, Accounting or Economics
* Strong functional background working with Excel. Familiarity with Capital IQ and Bloomberg a plus.
* Finance, Valuation, or Investment Banking training program preferred
* CFA professional designation or working towards, a plus
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 Global Management Inc. 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
$110,000 - $130,000
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.