Operational Risk Program Manager

Position Overview

Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, "Apollo") is one of the world's leading alternative asset managers. Since its founding in 1990, Apollo's rigorous, value-oriented approach has sought to create uncommon opportunities for investors to achieve superior risk-adjusted results throughout market cycles.

Apollo takes many paths to value, operating as one integrated global platform with over $750 billion of assets under management in private equity, credit and real assets. Funds managed by Apollo seek to invest in companies that are good corporate citizens, that have sound environmental, social and governance practices. In addition, we are the leading provider of retirement income solutions to institutions, companies, and individuals.  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.

The ideal candidate for this role will be responsible for leading, designing, developing, and executing a well thought out operational risk program resulting in data driven risk decisions and prioritization of remediation, aligning with firm strategy and risk tolerances. They work collaboratively to deliver innovative and insightful solutions by leveraging emerging and standardized risk frameworks and risk management experience. The program manager role will provide support to the function’s leadership in driving the execution of the team’s target operating model as the organization enhances its strategic remit to be more focused on alignment with the company’s key growth priorities. In this role, the candidate will be heavily involved in developing and managing a broad range of risk initiatives (e.g., Risk and Control Inventory Governance, Risk Assessment Planning and Prioritization, etc.) and training alongside key stakeholders across the firm and will regularly have exposure to senior management.

Primary Responsibilities

The Operational Risk Program Manager will be a critical risk adviser within ORM and to the firm, who will assist in embedding risk management practices into day-to-day business processes.  Responsibilities include:

• Risk Program Oversight:  Oversee adherence to Apollo operational risk management framework including the governance of the Risk and Control Inventory (RCI), Incident Management, Issue Management, Risk Assessment and Key Risk Indicator Management. Ensure regular reviews of risk procedures and standards aligned with firm objectives, regulatory standards and client expectations.  Responsible of allocation of “book of work” across the team to ensure timely risk identification, analysis and reporting to Head of ORM, and any other relevant stakeholders.  Provide a comprehensive risk view and report to senior leadership and risk committees on all top/key risks that require prioritization and decision.

• Risk Management Activity Support: The role will include basic aspects of leading the administrative and governance activities of the ORM team, including the coordinating the risk forum and other meeting agendas, regular Policy and Procedure reviews, coordinate risk related client/prospect due diligence meetings and/or questionnaires, etc.)

• Risk Strategy & Execution: Support the Head of Operational Risk in all aspects of execution of their Target Operating Model (TOM). This includes setting strategic objectives and measures of success, risk assessment pipeline development, management and prioritization of book of work, risk reporting and governance. Key to this is developing and driving core risk analytics, in conjunction with business partners and the COO community, that prove the impact of strong and consistent risk management practices aligned to firms’ strategic priorities. Collaboration within control functions and business COO’s is key to success.

• Team Management: Responsible for directly managing the junior talent in the team ensuring a common and consistent risk management methodology application, training program, work/capacity management and prioritization. Driving strong culture, infusing positivity and team trust, alongside the Head of Operational Risk, are key priorities.

• Develop & Maintain a Risk Training Program: Assist with enhancing exiting risk training program to ensure alignment with any regulatory requirements and industry standards.   

Qualifications & Experience

• 15 + years’ experience in financial services, preferably in Asset Management, with demonstrated experience leading risk management, internal controls, or organizational transformation initiatives.

• Outstanding leadership skills, proven ability to engage and influence senior business leaders, earning trust as a strategic partner and advisor.

• A proactive and organized self-starter with a positive attitude, great work ethic, strong attention to detail and advanced knowledge of Excel and PowerPoint, GRC tools (e.g., Archer, Auditboard, Fusion, etc..).

• Critical thinker with strong quantitative and analytical skills who expresses their thoughts and ideas clearly both in oral and written communications.

• A change cultivator, with a strong risk and technology background with a focus on automation and process improvements.

• Bachelor’s degree from an accredited institution required.

Pay Range

$225,000 - $275,000

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.

The contents of the qualifications and experience section of this job description are a guideline only. If an applicant can otherwise demonstrate their suitability for the role they will be considered.

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.