Associate - Application Support
Apollo · Mumbai City, Maharashtra, India
Full-time · Senior · Posted 22 days ago
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
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 March 31, 2025, Apollo had
approximately $785 billion of assets under management. . To learn more, please
visit www.apollo.com. 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. POSITION OVERVIEW: Apollo is seeking a quantitative
analyst with strong business acumen and exceptional technical skills as part of
its Global Quantitative Analytics function (referred to as the Quant function
hereafter). The Quant function is responsible for the design, development and
maintenance of quantitative tools and the production and support of quantitative
metrics across the firm and as such is a critical part of the firm’s business
strategy. As part of this team, you will be responsible for validating quant
outputs by working through quantitative libraries for risk, valuation and stress
for use across Apollo entities. Key asset classes include Structured Credit
(vanilla as well as exotic asset backed securities), Derivatives (rates, credit,
equity, FX and commodities), public and private equity, and typical fixed income
instruments (with or without embedded options) spanning the whole range of
credit assets such as corporate bonds, leveraged loans, emerging market debt,
private credit, commercial and residential real estate debt, infrastructure
debt, convertible bonds, preferred stock, and government bonds. You will
leverage your product/markets experience and programming skills to help develop
tools that will validate risks appropriately. You will be responsible for
working with the Portfolio Managers to model security risks, respond to
inquiries, and make recommendations that will ultimately influence investment
choices and portfolio construction. In addition, you will be responsible for
ensuring the accuracy of daily risk analytics by developing tools to identify
any potential issues and by investigating and rectifying any identified issues
in the daily risk analytics. PRIMARY RESPONSIBILITIES Ensure the accuracy of
daily risk analytics by developing tools to identify any potential issues.
Investigate and rectify any identified issues in the daily risk analytics.
Utilize existing proprietary model libraries for generating portfolio exposures,
stress testing, risk metrics and performance attribution. Develop robust
quantitative risk and stress models with analytical outputs that fully reflect
the key risks of each position and meet the risk management objectives of
portfolio managers and senior management. Conduct detailed reviews of existing
models and propose solutions to enhance the model output. Partner with
Technology teams to deliver state-of-the-art risk analytics and models. Clearly
and concisely articulate complex ideas to target audiences including portfolio
managers, traders and executive management. Build and manage relationships with
senior global stakeholders, and with local and regional business leaders,
including internal and external parties. Qualifications & Experience 2+ years of
experience as a Quant in a Front Office Pricing team in large Investment Banks
or Asset Managers with focus on traded credit products and Asset Backed
Securities. A few years of this experience (but not all) could be in a model
validation team validating front office models. Deep expertise in credit market
dynamics including cash, synthetics, and structured products. Strong
understanding of quantitative credit methodologies and traded credit analytics.
Strong conceptual and mathematical knowledge of financial engineering,
stochastic modeling, simulation techniques, derivatives pricing, and risk
analytics. Deep experience in designing risk and valuation models for credit
securities, structured products and complex derivatives. Proven expertise in
stress testing and scenario analysis to assess risk exposures. Strong
programming skills: Python, R, SQL, and Excel (required) and C/C++ (preferred).
Bachelor’s degree from an accredited institution is required. Master’s degree in
a quantitative discipline such as mathematics, computer science, financial
engineering, and econometrics is preferred. Practical and hands-on experience in
financial markets. Strong communication and diplomatic skills are required to
guide, influence, and convince others, in particular colleagues in other areas
and occasional external customers. Demonstrated ability to work effectively and
independently across different businesses and functional areas with thorough
attention to detail in a potentially high paced environment. Collaborative,
organized, flexible and results driven. Must have strong drive and initiative,
be collaborative to effectively liaise with senior stakeholders and colleagues.
A forward thinking, creative individual who challenges the status quo and takes
initiative to reengineer processes. Strong project management skills Excellent
stakeholder management skills, including the ability to resolve conflict and
observe confidentiality. Be nimble and flexible to balance multiple tasks
simultaneously. 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, gender/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 role. Any job offer will be conditional upon and subject to
satisfactory reference and background screening checks, all necessary corporate
and regulatory approvals or certifications as required from time to time, and
entering into definitive contractual documentation satisfactory to Apollo. 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. Join Apollo and learn from some of the smartest
problem-solvers in the world to build your career and make your mark on the
future of finance.