Athene

Principal, Portfolio Management - Multi Credit

New York, New York Full time

Position Overview

Apollo is seeking a Portfolio Management Principal to support the management of a diversified portfolio of performing credit investments, with a primary focus on high yield and leveraged loans. The role will oversee and conduct portfolio construction, monitoring, reporting, and performance analysis across private and syndicated credit investments.

This is a highly analytical, detail-oriented role that provides broad exposure to portfolio management, credit risk, and investor-facing processes within a growing private credit platform.

Primary Responsibilities

  • Manage a high yield/leveraged loan portfolio (public and private) focusing on asset allocation, sector weightings and single-name positioning to optimize risk-adjusted performance.
  • Lead portfolio analytics and risk assessment, partnering with portfolio managers to shape allocation strategy, duration/spread curve positioning, and forward-looking scenario analysis across credit cycles.
  • Act as a core contributor to portfolio management processes, synthesizing portfolio-level insights, credit views, and risk considerations; document, challenge, and track investment decisions to ensure alignment with strategy and accountability.
  • Develop and oversee investment screening frameworks to identify and evaluate opportunities across the BB–CCC ratings spectrum.
  • Assist with customized client and investor reporting, setting standards for quality, consistency, and narrative insight across internal and external audiences; serve as a senior point of escalation for complex client requests.
  • Serve as a strategic liaison for the multi-credit team, leading coordination on credit-platform initiatives and firm-wide projects and representing portfolio management perspectives with senior stakeholders, including in client meetings and RFP processes.

Qualifications & Experience

  • 8–12 years of investment experience in high yield portfolio management, or a closely related buy-side or sell-side role
  • Demonstrated expertise in high yield bonds and leveraged loans; familiarity with CLOs, credit derivatives and distressed credit is preferred.
  • Financial modeling and fundamental credit analysis skills, including comfort with complex capital structures.
  • Highly proficient in Microsoft Excel, Microsoft PowerPoint, and Bloomberg. 
  • Bachelor's degree with strong academic record required; MBA/MS is a plus.
  • Strong analytical, written, and verbal communication skills; ability to present investment views clearly to both technical and non-technical audiences.
  • Ability to thrive in a fast-paced, rigorous work environment; demonstrated ability to prioritize competing demands and meet deadlines.

Firm 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 credit to private 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. As of September 30th, 2025, Apollo had approximately $840 billion of assets under management. To learn more, please visit www.apollo.com.

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 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

Pay Range

$300,000

Apollo Global Management, Inc. (together with its subsidiaries and affiliates) is committed to championing opportunity.

The firm and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.

The contents of the qualifications and experience section of this job description are a guideline only. If an applicant can otherwise demonstrate their suitability for the role they will be considered.

The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise, and may vary from the amounts listed here.