Principal, Risk Manager - Residential Real Estate (AASP)
Core
Lead risk manager for Apollo's residential mortgage warehouse portfolio, conducting asset and counterparty credit reviews, fraud assessment, and monitoring exposures across all origination points.
Role type
Principal, Risk Manager (Structured Finance/Asset-Backed Lending)
Builds
Risk memos, credit decisions, and structural improvements for warehouse facilities and whole loan pools.
Domain
Residential Real Estate Finance / Structured Credit / Asset-Backed Securities
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Credit risk underwriting, fraud detection, stress testing, loan agreement review, market intelligence gathering, financial modeling, risk metrics analysis, deal structuring, investment committee presentation
Preferred skills
Experience with non-qualified mortgages, HELOCs, closed-end seconds, mortgage servicing rights, venture debt, SME lending, fund finance
Technologies
Risk management systems, financial modeling tools, stress testing analytics
Responsibilities
Underwrite risk in transactions including financing structures and originator profiles; make risk decisions within delegated authority; challenge deal teams on structural improvements; participate in deal underwriting from inception to lifecycle; work with Legal on loan agreements; present risk concerns to Investment Committee; produce documentation with market and collateral analysis
Seniority
Principal, hands-on IC with strategic oversight