Analyst -Derivative Accounting

Position Overview

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.

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. 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 build stronger businesses.

A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

We are building a unique firm of extraordinary colleagues who:

Outperform expectations

Challenge Convention

Champion Opportunity

Lead responsibly

Drive collaboration

As One Apollo team, we believe that doing great work and having fun go hand in hand, and we are proud of what we can achieve together.

OUR 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. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits.

POSITION OVERVIEW:

Actively helps to support derivative initiatives through accurately, efficiently, and timely compiling and analyzing derivative information. Responsible for the lifecycle of the derivatives trades including staying current with market practices and systems used to support all derivative initiatives. Under limited supervision, coordinates all derivatives activities, including but not limited to trade confirmation, security master set up, settlements, collateral and counterparty management, confirmation review and processing, and evaluation and analysis of derivatives pricing.

PRIMARY RESPONSIBILITIES

• Work with portfolio management, trading, legal, treasury, and external business partners, to support the end-to-end trade processing and data management of a variety of derivative products and operationally accommodate new complex derivatives strategies and/or products traded through the front office. Work independently performing research, and/or quantitative analysis that will allow market requirements to be shared with business groups. Assist with the interpretation and implementation.
• Analyze, review, and/or prepare regulatory, compliance, management, analytical and/or ad hoc report requests from internal/external clients. Provide technical expertise to investment professionals.
• Analyze, perform/issue, and reconcile exposure management activities. Work with business unit personnel, members of Legal, operations, relationship management, banks and brokers to resolve issues and disputes. Keep current on new industry initiatives.
• Ensure all security and cash derivatives positions are tracked, delivered, booked, and reconciled.
• Manage derivative confirmations and maintain the appropriate documentation for all derivative assets.
• Perform monthly and daily collateral management of OTC and Exchange-Traded Derivatives in accordance with the Credit Support Annexes (CSA), Clearing Agreements, and other polices to effectively issue and respond to margin calls.
• Evaluate and analyze daily mark-to-market valuations of all outstanding derivative transactions, and initiates pricing challenges to counterparties as needed.
• Maintain an astute awareness to ISDA standards and best practices. Assist in establishing, analyzing, reviewing, and maintaining sound controls to support client and regulatory needs.
• Manage legal-document trading agreements, understanding differences among ISDAs, CSAs, MCAs and associated agreements across different legal entities and trading partners.
• Look across processes and systems and ensure processes and systems are consistent with industry best practices.
• Participate in local and global initiatives and projects to improve existing controls and streamline our processes.
• Create and maintain an effective working relationship between internal and external customers.
• Respond quickly and accurately to ad-hoc queries and requests.

Qualifications & Experience

• Bachelor’s degree or an equivalent combination of education and experience.
• 3+ years of experience in derivatives investment operations.
• Knowledge of derivative and/or fixed income products, and how they fit with investment and hedging principles.
• Knowledge of ISDA Master Agreements and ISDA Credit Support Annexes is preferred.
• Experience with purchased investment and accounting systems and middleware (i.e. Princeton Financial Systems (PAM), thinkFolio, Aladdin, Fusion Invest, MarkitWire, triResolve, Acadia, GTSS) is preferred.
• Excellent customer service and communication skills.
• Highly skilled in use of Microsoft Excel and Access. VBA/SQL experience a plus.