Principal, Consumer Finance Investment Strategy

About the role

As a Principal within Global Investment Insights, this individual will serve as the domain expert for consumer finance, owning the end-to-end quantitative framework for modeling consumer loan pools-both in securitized structures and as whole loan portfolios. The role demands deep technical fluency in consumer credit modeling (default, loss severity, prepayment, and delinquency dynamics), deal waterfall mechanics, and collateral surveillance, combined with the ability to operate as a strategic partner to investment professionals and build durable, enterprise-grade analytics. Consistent with Global Investment Insights' vision of embedding analytics and AI directly into investment workflows, the successful candidate will be expected to actively explore and integrate machine learning and AI techniques-such as borrower-level credit scoring, alternative data integration, and automated collateral surveillance-into the consumer finance analytical toolkit. Primary Responsibilities: Collateral Credit, Prepayment & Loss Modeling Construct and maintain loan-level and cohort-level default, loss severity, prepayment, and delinquency roll-rate models calibrated to borrower characteristics (FICO, DTI, LTV, vintage, geography) and macroeconomic variables (unemployment, interest rates, HPI). Develop scenario and stress testing frameworks to assess the sensitivity of collateral performance and tranche economics to adverse credit and macro environments. Build collateral surveillance tools that enable systematic monitoring of pool performance trends-including delinquency migration, cumulative net loss curves, and prepayment speeds-across both seasoned portfolios and new originations. Develop standardized tools to leverage internal, loan-level collateral credit models to analyze public ABS deals. Analyze emerging consumer credit segments (marketplace lending, BNPL, fintech-originated loans) and develop bespoke modeling approaches that capture their unique risk profiles, including limited performance histories and non-traditional underwriting criteria. Cash Flow & Structure Modeling Design, build, and maintain cash flow models for consumer finance transactions across Auto ABS, Credit Card ABS, Student Loan ABS, Personal Loan ABS, marketplace lending securitizations, and BNPL structures. Develop standardized, code-based waterfall engines that model deal structures including credit enhancement, excess spread mechanics, early amortization triggers, reserve accounts, and tranche-level loss allocation. Build flexible modeling frameworks that accommodate both term (amortizing) and revolving master trust structures, reflecting the distinct cash flow dynamics of each. Support structuring decisions by modeling alternative capital structures, credit enhancement levels, and risk/return trade-offs for both primary issuance and secondary market opportunities. Investment Support & Platform Partner with investment teams to provide quantitative analytics in support of new deal evaluation, pricing, and relative value assessment across consumer finance products-both securitized and whole loan. Contribute to the development of Global Investment Insights' firmwide quantitative infrastructure by integrating consumer finance models into Apollo's centralized analytics platform, supporting real-time portfolio risk reporting and regulatory capital stress analytics. Identify and implement opportunities to apply machine learning and AI techniques to consumer finance workflows-including borrower-level credit scoring and segmentation, alternative data integration, automated loan tape analysis, early warning systems for portfolio deterioration, and prepayment/default prediction-ensuring applied AI is grounded in the analytical infrastructure that supports how the firm invests. Benchmark and adopt leading modeling practices and technologies from peer

Benefits

Additional Information

Position Overview Apollo is seeking a Principal-level Consumer Finance Investment Strat to join its Global Investment Insights organization in Los Angeles. This individual will be responsible for building and institutionalizing cash flow modeling, credit and prepayment analytics, and risk assessment capabilities across Apollo's consumer finance investment strategies. The role spans the full breadth of consumer asset classes, including Auto ABS, Credit Card ABS, Student Loan ABS, Personal Loan ABS, consumer whole loans, marketplace lending, and buy-now-pay-later (BNPL) platforms. This is a high-impact role at the intersection of quantitative analytics and consumer credit investing, embedded within a centralized investment capability that serves Apollo's broader credit platform. The successful candidate will partner directly with investment teams, portfolio risk, and senior leadership to deliver scalable, code-based modeling frameworks that support pricing, structuring, collateral performance analytics, and risk management across both securitized and unsecuritized consumer finance products.

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