Position Overview

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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.

Apollo Asset-Backed Finance (“ABF”) is a $100+ billion AUM strategy within Apollo’s Credit platform which spans a diverse set of product types (including consumer finance, residential mortgages, commercial mortgages, commercial and trade finance, equipment and transportation, hard assets, royalties, and other structured debt assets), investment formats (including securitized products, whole loans, ABLs, bespoke financings, and structured equity), and risk-return profiles on behalf of Apollo-managed funds, managed accounts, and affiliated balance sheets.  ABF also works in close collaboration with Apollo’s financial services private equity and capital solutions teams on the management of and deployment opportunities arising from Apollo’s origination platform ecosystem.  

ABF is currently seeking a Summer Associate to join its El Segundo, CA-based investment team to focus on consumer credit and related specialty finance opportunities.  Relevant sub-sectors to include auto loans and leases, private student loans, point-of-sale (e.g., home improvement, residential solar, etc.), personal unsecured loans, credit cards, chattel loans, and other granular specialty finance asset types.  Prior experience is not expected in each of these sub-sectors; however, a willingness and ability to tackle new sections will be key.  The role will require the use of both trading desk and private equity-style skill sets to evaluate, structure, execute, and asset manage investment opportunities and will entail significant cross-platform coordination.  The individual will report directly to the responsible Portfolio Manager and will have the opportunity to invest on behalf of a high-profile new initiative within the firm.

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Primary Responsibilities

• Participate in idea generation, sourcing, and screening of potential investment opportunities
• Provide the relevant Portfolio Managers with analytical and risk management support on all investment related activities including trading, credit analysis, valuation, due diligence, portfolio monitoring and business development initiatives
• Engage with Apollo’s quantitative analytics team on a regular basis to ensure the timely delivery of any pending analytical and data requests
• Lead the preparation of internal investment committee presentations, screening memos, and ad hoc discussion materials including but not limited to portfolio monitoring, marketing requests, etc
• The candidate will also be expected to develop knowledge of the US residential business purpose loans and commercial mortgage backed securities sectors, monitor industry conditions and trends, and pursue initiatives to enhance our analytics, outreach, and research impact

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Our Summer Program

Our 10-week Summer Program provides full immersion into the small, dynamic teams that drive Apollo’s innovative investment strategies and access to an unparalleled, apprenticeship learning experience.  This role will be based in El Segundo, California. 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.

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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, with a unique ability to partner at scale and deliver thoughtful, dedicated guidance.
• A contributor to global challenges—such as energy transition, technological innovation, and social impact—using investment as a force for good.

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As” One Apollo” We:

• Outperform expectations
• Challenge convention
• Champion opportunity
• Lead responsibly
• Drive collaboration

We believe great work and having fun go hand-in-hand, and we are proud of what we can achieve together.

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Qualifications & Experience

• Pursuing an MBA or Master’s degree (Class of 2027) from a top-tier university with a record of academic achievement (ideally in a field requiring quantitative or technical aptitude such as economics, finance, math, etc.)
• 2-4 years of relevant experience; prior experience in an investment banking, trading desk, or buy-side asset management role focused on structured credit investments is highly desirable
• MBA, MFE, and/or progress towards a CFA designation is desirable but not required
• Demonstrated analytical, quantitative, problem-solving, and financial modelling skills
• Excellent verbal and written communication and presentation skills
• Capable of developing independent opinions and defending own views
• Working knowledge of relevant legal matters involving the structuring and operation of structured finance transactions
• Mastery of Microsoft Office (Word, Excel, Powerpoint, etc.) and Bloomberg are required; proficiency in Intex, Basic VBA and SQL is desirable but not required
• The ideal candidate will be professional, proactive, well-organized, flexible, dependable, and able to prioritize tasks in a fast-paced environment with a close attention to detail

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