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Apollo Global Management, Inc. · 3 days ago

Director, Investment Accounting Regulatory Reporting

New York, NY

Full-time

Onsite

Lead/Staff

$190K/yr - $250K/yr

Apollo Global Management, Inc. is a high-growth, global alternative asset manager. The Director of Investment Accounting Regulatory Reporting is responsible for ensuring accurate statutory filings, implementing accounting changes, conducting technical research, and managing securities filings while interfacing with stakeholders on regulatory treatment for assets under management.

Asset ManagementCreditFinancial ServicesProperty ManagementReal Estate

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Ensure statutory filings and sub-ledger systems are accurately recorded in accordance with applicable statutory accounting standards, including proper reporting of regulatory schedules, footnotes, and disclosures

Assist in determining appropriate statutory accounting policies related to new investments

Implement statutory accounting changes and coordinate with various stakeholders, including Compliance, Legal, Accounting Policy, Operations, Client Relations, Data Management, and Front Office

Conduct technical accounting research as new accounting pronouncements emerge. Actively participate in ACLI, NAIC, and RBC discussions related to investments and new capital standards. Monitor the development of regulatory guidance updates

Test and ensure proper utilization of regulatory updates pushed to the accounting software

Directly interface with client stakeholders to assist them with determining regulatory treatment and conclusions for assets under management

Manage the filing of securities with NAIC’s Securities Valuation Office (SVO). Ensure all securities owned by the insurance company are filed in accordance with the NAIC’s Purposes and Procedures Manual (P&P Manual)

Collaborating with Portfolio Managers (PMs) on requests and inquiries, reviewing NAIC ratings changes, and conducting detailed analysis on NAIC 6-designated securities

Serve as a Subject Matter Expert (SME): Working with various internal and external third-party stakeholders on specific issues related to Statutory Principals Based Bond Definitions guidance

Assist in managing the firm’s Bermuda Statutory accounting requirements and implementation and maintenance of any Bermuda permitted practices

Manage, mentor, and develop a team of investment accounting professionals onshore as well as offshore

Qualification

Investment Accounting SystemsUS Insurance Statutory GuidanceTechnical Accounting KnowledgeCPAFixed Income ExpertiseMicrosoft OfficeERP SystemsCommunicationAttention to DetailTeam Management

Required

Bachelor's degree in accounting, Finance, Business, or a related field

CPA, MBA, or other relevant certifications

Hands-on management experience with direct reports and strong technical accounting knowledge

Subject matter expertise in fixed income and investment accounting within an insurance company setting

Proficiency in Investment Accounting Systems (e.g., ePAM), utilizing the SVO ratings database, Microsoft Office, and ERP systems

Strong organizational skills and attention to detail to ensure accurate and timely reporting

Excellent communication skills

Strong knowledge of US Insurance Company Statutory guidance

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.

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)

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2023 (1)