Principal, Counterparty Credit Risk Lead; AASP

Position Overview

AASP Risk Management, a wholly owned subsidiary of Apollo Management Holdings, is seeking a Director/Principal to oversee direct and indirect corporate credit exposures across ATLAS SP transactions. The role sits within the firm’s independent Risk function and is responsible for evaluating and overseeing corporate credit exposures, forming independent credit views, and providing risk recommendations to senior risk leadership and the Investment Committee.

• Conduct independent fundamental credit analysis of corporate credit exposures across non-bank lending sectors including agency and non-agency residential, commercial real estate, consumer, aviation and other transportation, shipping, auto, commercial/SME, and alternative investment platforms.
• Build and review detailed financial models, including base, downside, and stress scenarios.
• Evaluate leverage sustainability, liquidity, refinancing risk, and covenant frameworks.
• Assess structural mitigants and transaction features in alignment with risk parameters.
• Prepare clear, decision-oriented risk memoranda for senior risk leadership and Investment Committee.
• Provide constructive challenge to deal teams where risk-return alignment is insufficient.
• Monitor exposures after onboarding, identifying emerging credit deterioration or structural weaknesses.
• Contribute to portfolio-level risk analysis and thematic credit insights.
• Hire, train and manage a team of experienced but junior credit professionals to support the mandate, taking ownership for the team’s work product and managing offshore resources.

• 7-10 years of experience in corporate credit underwriting or credit risk within banking corporate credit, leveraged finance risk, direct lending/private credit risk functions, corporate credit investing platforms, or principal credit risk functions within financial institutions.
• Deep experience underwriting corporate borrowers, including full three-statement cash flow modeling, leverage and coverage analysis, liquidity forecasting, capital structure and recovery analysis, and covenant evaluation and documentation review.
• Strong ability to communicate with senior members of both risk and business, drawing on experience making clear, defensible credit recommendations in approval forums such as the Investment Committee.
• Strong risk discipline and independent credit judgment.
• Clear written communication and executive presence in committee settings.
• Ability to independently assess borrower risk and articulate clear recommendations.
• Comfort operating within a second-line risk framework while partnering effectively with business stakeholders.
• Experience evaluating transactions where capital is held on balance sheet or within long-duration vehicles.
• Ability to balance competing priorities including monitoring a diverse existing portfolio as well as a deep new deal pipeline.

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.

Base salary range for this position is $300,000.