Associate, Structured CRE Loan Underwriter

Position 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 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.

The Role

Within its global credit group, Apollo currently operates an industry leading structured Commercial Real Estate (CRE) team investing in Single Family Rental, Business Purpose Loans (BPL), Conduit CMBS, CRE-CLO, NNN ABS and flow agreements. The platform continues to grow and adapt to the evolving CRE market and plans to augment its current capabilities by adding a team member focused on CRE loan level underwriting. The Associate or Principal (depending on experience) will play a pivotal role in the design and credit management of the portfolio.

Primary Responsibilities

Contribute to the portfolio construction and management of Apollo’s Structured CRE team

Underwrite loans within BPL, Conduit CMBS, CRE-CLO, NNN ABS and flow agreements

Surveille the existing book for underperformance and develop risk reports

Work to develop automated property level underwriting tools

Write-up and present underwriting to Investment Committee

Qualifications & Experience

Bachelor’s degree from a leading college

5+ years of relevant loan underwriting experience within a real estate fund, investment bank, asset manager, direct lending, hedge fund or private equity firm

Developed understanding of CRE structured credit investments

Exceptional communication and ability to present in front of groups of professionals

Keen attention to detail

Team player with the ability to thrive independently on a small entrepreneurial team

Based in Woodland Hills, CA and/or El Segundo, CA

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

Apollo Global Management, Inc. (together with its subsidiaries and affiliates) is an equal opportunity/affirmative action employer. The firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.

Pay Range$150,000 - $200,000

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.

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