Position Overview
Apollo are looking for an Associate to join the Consumer and Residential Credit team in London.
Primary Responsibilities
- Execution of portfolio transactions (back-book trades, forward flow agreements, collateralized funding of credit assets)
- Covering all European jurisdictions (+ AUS) and asset classes (PDH, BtL, RPL, NPL resi mortgages, unsecured, auto, granular leasing)
- Key activities
- Review info package from sellers in portfolio sale processes, conducting Q&A
- Analyze portfolio loan tapes, verifying data consistency and generating stratifications
- Assess risk parameters of portfolios, deriving loss assumptions from historical performance
- Monitor portfolio performance, ensuring data consistency, identifying key trends and liaising with investors
- Review transaction documentation with help from legal counsel and negotiation of commercial terms
- Due diligence credit underwriting and servicing policies and processes, standard legal contract forms and data integrity
- Set-up data reporting processes with servicers
Qualifications & Experience
- 2-3 years as Analyst /Associate at the structured finance desk of a top-tier investment bank covering ABS / RMBS transactions
- Involved in multiple public RMBS issuance transactions across the credit spectrum (prime, BtL, non-conforming, RPL)
- Participated in multiple private secured funding transactions on credit asset portfolios across Europe
- Experience as sell-side advisor in portfolio transactions on European re-performing residential mortgage loans
- Knowledgeable of standard legal documentation for credit asset securitisation and financing across the main European jurisdictions, in particular under English law
- Proficient in modelling loan portfolios in Excel, Bloomberg and Intex
- Strong knowledge of loan and fixed income concepts and statistical analysis
- Language skills - English Spanish, German, Dutch or French also helpful
About Apollo
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.
Apollo provides equal employment opportunities regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, veteran status, sex or sexual orientation, or any other criterion or circumstance protected by applicable law, ordinance, or regulation. The above criteria are intended to be used as a guide only candidates who do not meet all the above criteria may still be considered if they are deemed to have relevant experience/ equivalent levels of skill or knowledge to fulfil the requirements of the roe. Roles are conditional upon and subject to satisfactory reference and background screening checks, as well as all necessary corporate and regulatory approvals or certifications as required from time to time.