JobMesh

Principal, Risk Manager - Residential Real Estate

Apollo Global Management · New York City, New York, US

Position Overview An indirect wholly-owned subsidiary of Apollo Management Holdings, AASP Risk (AASP) manages the securitized products and structured finance...

Job description

Position Overview An indirect wholly-owned subsidiary of Apollo Management Holdings, AASP Risk (AASP) manages the securitized products and structured finance assets sourced and serviced by ATLAS SP Partners and Apollo’s Asset Backed Lending business, serving as the dedicated risk management team. The Role: AASP is seeking a Principal to be the lead risk manager for the residential mortgage warehouse portfolio across all asset-backed ending activities, regardless of point of origination. He/she will be responsible for conducting both asset level and counterparty level credit reviews, evaluating and assessing fraud, reputational and collateral/security considerations, and for the continuous review and monitoring of residential mortgage finance exposures in the portfolio. Reporting to the co-heads of Asset Backed Finance Risk Management, this Principal will work closely with ATLAS and Apollo credit professionals and other risk leaders within the AASP Risk team as well as with clients and key partners. The co-heads of Risk will rely on this senior risk officer to own the end-to-end risk in the portfolio including analysis on transactions, highlighting risk concerns early and ongoing, c...