Trading Analyst, Asset-Backed Finance

Position Overview

Apollo Asset-Backed Finance (“ABF”) is a $250+ billion AUM strategy within Apollo’s Credit platform which spans a diverse set of product types (including residential mortgages, commercial mortgages, consumer finance,  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.  

The Role

ABF is currently seeking an Analyst to join its El Segundo, CA-based trading team to focus on residential mortgage-backed securities. Relevant sub-sectors to include Non-QM, Closed-End Second Liens, Agency Eligible Investor, Prime Jumbo, Re-Performing and other mortgage types. Duties will include assisting Trading Team Members with daily trading support activities, including trade booking, reconciliation and portfolio maintenance. The role will also involve screening investment opportunities and preparing analytics, reports and presentations for investments and internal stakeholders.

Primary Responsibilities 

• Partner directly with Traders and Portfolio Managers within the Asset Backed Finance team to support daily trading and portfolio management activities
• Participate in screening of potential investment opportunities in primary and secondary residential mortgage-backed securities market
• Assist in preparation of presentations for investments and internal stakeholder meetings
• Accurately book and maintain all trade activity across internal systems, ensuring timely and precise capture of transactions
• Liaise with Operations and Back Office teams to monitor trade settlements, proactively resolve discrepancies, and minimize trade fails
• Reconcile positions and validate trading exposure, position sizes, and P&L to ensure alignment between front-office and official books and records
• Assist with trade confirmations, lifecycle events, and ongoing portfolio maintenance across structured credit and asset-backed positions
• Support ad-hoc analysis and reporting to facilitate investment decision-making and risk management
• The candidate will be expected to develop an in-depth knowledge of US residential mortgage sector and structured investments
• Over time, an individual who demonstrates acumen and growth potential will take on additional, higher-level responsibilities

Qualifications & Experience

• 0-2 years of relevant experience; prior experience in residential mortgage is preferred but not required. Recent graduates with strong academic credentials and demonstrated interest in fixed income markets will be considered
• Bachelor’s degree 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.)
• Demonstrated analytical, quantitative, problem-solving, and financial modelling skills
• Excellent verbal and written communication and presentation skills
• Mastery of Microsoft Office (Word, Excel, PowerPoint, etc.) is required; proficiency in 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

About Apollo

Apollo is a high-growth, global alternative asset management and retirement services platform with a track record of investment excellence.   In our asset management business, we seek to provide our clients with excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three core investment 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 & 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.  Accordingly, 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.

Pay Range

$110,00 - $150,000

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.