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Apollo Global Management, Inc. · 2 weeks ago

Associate/Principal, Risk Manager – Counterparty

New York, NY

Full-time

Onsite

Mid, Senior Level

$200K/yr - $300K/yr

3+ years exp

Apollo Global Management, Inc. is a leading investment management firm, and they are seeking an Associate/Principal for their Counterparty Risk Management team. The role involves conducting credit reviews and monitoring residential mortgage finance exposures, while working closely with various teams to provide risk assessments and recommendations.

Asset ManagementCreditFinancial ServicesProperty ManagementReal Estate

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Underwrite counterparties for mortgage-related transactions, including evaluating the risk profile of the Originators / Servicers / Sponsors

Accountable for making risk decisions and assessments

Demonstrate an ability to challenge the business (sales/portfolio/structuring teams), and highlight key counterparty risk concerns promptly

Participate in the deal underwriting process from inception and be involved over the lifecycle of a Counterparty, with greater involvement should counterparties be underperforming, higher risk, less liquid or levered, new, etc

Work with Legal, Credit Risk, and the deal teams on the loan agreements to ensure that documents accurately reflect counterparty covenants

Work closely with other control function partners including i) Legal and Compliance to escalate and review any reputational or franchise risk considerations and ii) Business Management on presentations for management

Present risk concerns and due diligence findings, make a risk recommendation, and answer questions of Investment Committee members or other senior stakeholders as it relates to counterparties for transactions

Produce well-written succinct reviews and assessments

Qualification

Counterparty Risk ManagementCredit Risk AssessmentFinancial AnalysisMortgage KnowledgeAsset-Backed FinancingExcel ProficiencyPowerPoint ProficiencyCommunication SkillsAttention to DetailTeam Collaboration

Required

Must have at least 3-5 years of experience and at the minimum have a Bachelor's degree

In-depth knowledge of various types of originators, servicers, sponsors, and entity structures, including fund and corporate structures

Asset class knowledge in Mortgages is required and other asset class knowledge within Private Credit or Consumer and Commercial sectors is highly beneficial

Experience underwriting Corporates & Funds from a fundamental credit perspective is essential

Being able to write proper succinct reviews and pointing out key Risk considerations is required

Prior experience with rating methodology is highly beneficial

Ability to roll up sleeves and work alongside 1LOD and Credit Risk to underwrite highly complex counterparties and participate in the structuring of warehouse facilities

Extensive financial analysis and modeling skills, and a strong understanding of risk metrics/models/systems

Understanding of fundamental credit skills, ideally having spent time in a large bank, rating agency, or financial institution with structured credit training programs

Exceptional attention to detail

Prior experience and responsibility for critical decisions of significant financial impact and complex criteria

Must have exceptional communication skills, both written and verbal, and be comfortable presenting prospective deals to investment committee(s)

Must be able to communicate complex risk-related concepts to both internal and external parties

Ability to incorporate and understand information from a variety of sources to stay ahead of market/economic trends and evaluate the impact on the portfolio

Must be able to use Excel and PowerPoint at a high level, and ability to be able to manipulate data to build out Risk views

Benefits

Discretionary annual bonus based on personal, team, and Firm performance

Company

Apollo Global Management, Inc.

Glassdoor3.8

Apollo is a high-growth, global alternative asset manager.

Founded in 1990

New York, New York, USA

1001-5000 employees

https://www.apollo.com

H1B Sponsorship

Apollo Global Management, Inc. has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2023 (1)