Associate Director, Residential Mortgage Loan Servicing
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 Residential Mortgage Loan Servicing Associate Director will manage the loan closing and servicing processes for a portfolio of Residential Transitional Loans (“RTLs”), and Single Family Rental (“SFR”) loans in addition to other loan structures. This hands-on role requires experience with residential mortgages, asset management processes, and technical infrastructure maintenance. Will require advanced skills in Excel and general fluency with commercial contracts, mortgage loan documents, term sheets, and agreements. The candidate will oversee an existing team and help the Head of RML Servicing design business processes, oversee and develop junior-level team members, and autonomously manage day-to-day operations. The Associate Director of RML Servicing will report directly to the Head of RML Servicing.
Primary Responsibilities
Oversee third-party servicers, ensuring:
Servicers have appropriate accounts set up and reconciled to allocations
Providing appropriate wire instructions by account
Making sure live loan reporting is occurring and data requests are accommodated
Aggregation of monthly remittance reports
Support the day-to-day needs of Loan Servicing by providing data analysis, project deliverables, risk management, and operational requirements to achieve strategic objectives
Coordinate with internal stakeholders, including accounting, operations, and back office in setting up new investments and reporting
Interface with various internal systems to create ad hoc reporting
Assist in the closing of residential mortgage loans and loan draw funding requests
Qualifications & Experience
A bachelor’s degree in business or equivalent work experience is required
Minimum of 5-7 years relevant work experience
Excellent Microsoft Office skills
Excellent written and verbal communication skills
Self-starter who needs minimal direction
Ability to manage multiple projects simultaneously
Experience with thinkFolio order management and portfolio modeling system a major plus
Able to establish and maintain effective working relationships across departments
Both general and front-line knowledge of real estate finance, investments, accounting, and insurance principles
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. Please reach out to your Human Capital Business Partner for more detailed information on specific benefits.
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
$140,000 – $160,000The 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.