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Form of workPosition 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.
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.
Primary Responsibilities
The role holder is responsible for providing the Head of Global Operations and the Operations Leadership team an independent view of the "health" of the control environment highlighting, through data-driven assessment, areas of high residual risk. Our "North Star" goal is to implement a comprehensive framework to facilitate proactive risk identification, data-driven risk measurement and effective and actionable governance. Ultimately the vision for this role is that it will directly impact the key technology, organizational and other strategic decisions the Operations leadership team and the Company at large will make in ensuring Operations' risk runs at a level to fully support the Company's strategic growth objectives.
The Business Controls Lead will work closely with Operations leadership as well as overall Firm leaders (across 1st, 2nd and 3rd lines) to develop tools, programs, practices, and policies to thematically analyze risks and exposures across Global Operations and ensure effective, sustainable risk remediation. The job requires a broad and comprehensive understanding of operational Risk Management and risk assessment, identification, aggregation and appetite practices. In-depth knowledge of industry best practices and first line experience in Investment Operations is necessary in order to build the requisite credibility across the various areas of Operations (and other critical risk and business functions in the Company). While the role-holder does not run the "line" they are expected to fully own, drive and deliver comprehensive risk assessments, produce value-added risk insights and be able to articulate the overall risk view to leadership. This is not solely a "constructive challenge" role; the role holder is expected to be able to "hold the pen and drive" complex risk assessment work and play an active role in solutioning/risk remediation through influencing many senior parts of the organization. The role also encompasses the critical responsibility of ensuring the Company's business processes and controls are built in a way to sustainably adhere to the various laws, rules and regulations we are subject to. This work will be conducted in conjunction with our Compliance and Legal functions.
Key Deliverables:
Qualifications & Experience
Apollo Global Management Inc. 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
180,000 - 240,000
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.
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.
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.
Primary Responsibilities
The role holder is responsible for providing the Head of Global Operations and the Operations Leadership team an independent view of the "health" of the control environment highlighting, through data-driven assessment, areas of high residual risk. Our "North Star" goal is to implement a comprehensive framework to facilitate proactive risk identification, data-driven risk measurement and effective and actionable governance. Ultimately the vision for this role is that it will directly impact the key technology, organizational and other strategic decisions the Operations leadership team and the Company at large will make in ensuring Operations' risk runs at a level to fully support the Company's strategic growth objectives.
The Business Controls Lead will work closely with Operations leadership as well as overall Firm leaders (across 1st, 2nd and 3rd lines) to develop tools, programs, practices, and policies to thematically analyze risks and exposures across Global Operations and ensure effective, sustainable risk remediation. The job requires a broad and comprehensive understanding of operational Risk Management and risk assessment, identification, aggregation and appetite practices. In-depth knowledge of industry best practices and first line experience in Investment Operations is necessary in order to build the requisite credibility across the various areas of Operations (and other critical risk and business functions in the Company). While the role-holder does not run the "line" they are expected to fully own, drive and deliver comprehensive risk assessments, produce value-added risk insights and be able to articulate the overall risk view to leadership. This is not solely a "constructive challenge" role; the role holder is expected to be able to "hold the pen and drive" complex risk assessment work and play an active role in solutioning/risk remediation through influencing many senior parts of the organization. The role also encompasses the critical responsibility of ensuring the Company's business processes and controls are built in a way to sustainably adhere to the various laws, rules and regulations we are subject to. This work will be conducted in conjunction with our Compliance and Legal functions.
Key Deliverables:
- Running Operations' Risk Committee and ensuring high insight / high impact data and discussion
- Root cause assessment of all key operational risk events/incidents; Provide hands-on support, management and direction for all material root cause assessment/lessons learned work; ensure thematic are understood and sustainably addressed
- Establish and oversee the risk framework that includes:
- Requirements, methodologies, programs and oversight practices for integrated bottom to top operational risk identification and assessment across Operations, including the identification of material risk exposures and concentrations. Key parts of the program include incidents collection, assessment and remediation; self-identified issues management (to be strengthened); risk self-assessment (to be built)
- Provide independent "state of risk" reporting to Head of Global Operations on a regular basis
- SOX sub-certification management
- SOC 1 (System and Organization Controls) testing and evidencing
- Ad hoc risk assessments
- Risk education and training
- Benchmarking with peers
Qualifications & Experience
- 10 years+ of relevant experience
- While in-depth product knowledge of all Apollo business lines are not expected, experiences in: financial services (sell-side or buy side/asset/alts mgmt.) including core trading (front to back), financial reporting, operations, technology are a strong plus.
- Strong delivery record of risk assessment and remediation
- Exceptional communication skills - written and oral presentation; strong liberal arts/writing education background preferred.
- Exceptional gravitas, inter-personal/collaboration, and influencing
- Ability to adapt quickly to changing priorities, environment constraints and project deadlines
Apollo Global Management Inc. 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
180,000 - 240,000
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.
