Associate, Business Strategy - Asset Backed Finance (ABF)

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.

The Role

The Business Strategy team is responsible for developing and executing growth initiatives across all aspects of Apollo’s investing businesses. This role will work as part of the Business Strategy team focused on Apollo’s Asset Backed Finance (“ABF”) business. Apollo’s Credit business, at approximately $400 billion of AUM, has been the fastest growing component of Apollo’s business and is one of one of the largest managers of alternative credit in the world, encompassing a wide variety of underlying investment strategies covering corporate and asset-backed credit across both public and private markets. The ideal candidate will have a passion for organic business building, general management and strategy within the asset management space.

As a Business Strategy Associate in ABF, the candidate will work as part of a small team, led by Partner and COO of Apollo ABF, developing and managing a broad range of business priorities with regular exposure to Apollo firm leadership. The Associate will support ABF business leaders in all aspects of managing and scaling the ABF business, including financial planning, fundraising, product structuring & development, operations, and cross platform initiatives. The ideal candidate will take initiative, feel comfortable playing different roles as a leader and team player, build relationships around the firm, and both drive and manage business processes. The candidate will act as a thought partner and play an integral role in the successful execution of the ABF team’s strategic initiatives and overall performance.

Primary Responsibilities

• Support senior members of the ABF team in the evaluation and implementation of new business activities for Apollo, including new funds/product development, business line extensions, platforms and partnerships.

  • Building/maintaining financial models, including a three-statement corporate model

  • Defining investment strategy, fundraising and investor outreach plans

  • Preparing internal analysis and presentation materials

  • Interacting with key internal and external partners and stakeholders

• Perform strategic analyses for senior management critical to the evaluation and management of Apollo’s business with a strong emphasis on growth: competitive intelligence, investing in new asset classes, extension of existing investing or origination capabilities, coverage models and organization structure.

• Support senior investment professionals on key portfolio and business management activities.

• Identify and implement data/process enhancements to support day-to-day investment and portfolio management.

• Coordinate across Apollo on projects, acting as a liaison between investment teams and other functions (client and product marketing, finance, human capital, legal, tax, compliance and investment technology).

• Facilitate ad hoc requests and special projects for senior management.

Qualifications & Experience

• Bachelor’s degree from a top undergraduate institution with a record of academic achievement.

• Two to four years of relevant work experience, with a preference for relevant financial services or asset management experience; corporate strategy or consulting experience in other industries will also be considered.

• Genuine interest in corporate strategy and business building within the investment management industry with an emphasis on hands-on implementation of growth plans.

• Strong corporate finance knowledge, with experience building and managing corporate financial models.

• Strong interpersonal skills to support communication with external counterparties.

• Desire to take initiative and ownership – must demonstrate a proactive, positive attitude toward given tasks.