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Trading Assistant

Apollo Global Management
New York City, United Statesfull_timeVerifiedPosted 31 May 2024

About the role

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 Role

Apollo Global Management is seeking a Trading Assistant to join its highly collegial trading platform, deeply integrated into the firm’s investment process, which has a top tier presence in every asset class across Global Credit. The Trading Assistant will work directly with traders and provide operational support on various funds, separately managed accounts and portfolio companies managed by Apollo. Functional responsibilities will include ensuring delivery of end-to-end management of trade bookings, including trade confirmation, trade settlement, trade life-cycle event support, and risk monitoring in partnership with portfolio managers, traders and global support teams. Primary client fund structures will include multi strategy (including structured credit, high yield and investment grade corporates, emerging markets, bank debt, etc.), public funds and separately managed accounts for Insurance portfolio companies as well as Insurance clients. The environment is fast-paced and requires exceptional attention to detail and organizational skills.

Primary Responsibilities

  • Manage trade bookings across Apollo’s global credit businesses

  • Coordinate with traders, portfolio managers, finance, compliance and businesses managers through close partnership with New York, Los Angeles, and London teams

  • Act as an independent lead to book trades across multiple credit strategies with minimal direction and oversight from PMs

  • Provide real-time monitoring of portfolio activity and relay important points of feedback to key decision-makers

  • Oversee and publish trade and portfolio summaries

  • Collaborate with risk monitoring groups to develop reports related to the firm’s portfolios

  • Maintain a professional relationship with executing brokers

  • Resolve trade issues with counter party and internal operations

  • Refine existing trade allocation processes and develop and implement enhancements to systems

  • Perform other duties and responsibilities as required by the position

Qualifications & Experience

  • Bachelor’s degree

  • 1-3 years of relevant experience on a trading floor at an investment bank or asset management firm

  • Experience booking trades, corporate actions, security settlement processes and SMF set-up

  • Strong working knowledge of various investment products including corporate bonds, ABS, bank debt term loans, private loans, Revolver/Delayed Draw loans, repos, whole loans, cash & synthetic structured credit, options, and swaps

  • Working knowledge of Bloomberg and Order Management Systems; knowledge of Everest and/or thinkFolio is a plus

  • Superior Excel skills

  • Programming skills is a plus

  • Must have strong communication skills, organizational abilities, and attention to detail

About Apollo: Our Purpose & 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 bui

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Company

Apollo Global Management

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