Compensation Associate - New York, United States - Apollo

Apollo

Verified Company

New York, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Position Overview

At Apollo, we're a global team of alternative investment managers passionate about delivering uncommon value to our investors and shareholders.

With over 30 years of proven expertise across Private Equity, Credit and Real Estate, regions and industries, we're known for our integrated businesses, our strong investment performance, our value-oriented philosophy - and our people.

The Associate, Compensation - Equities Businesses for Apollo Asset Management will primarily support Apollo's Private Equity, Hybrid Value, Climate, and Real Estate businesses in all areas of compensation.

This includes but not limited to strategy and design, administration, and execution and delivery of ad hoc compensation reporting needs for all Equities businesses.

In addition, this role will work closely with the Principal, Compensation - Equities Businesses and the entire compensation team in driving a successful year-end compensation process across all stakeholder groups.

This role partners with members across HC and Finance including Human Capital Business Partners, BP&A, HC Operations, Payroll, Carry & Co-Invest, and the Comp Finance team as well as business leaders across the firm.

This position will report to the Principal, Compensation for Equities businesses.

PRIMARY RESPONSIBILITIES:

Assist the Compensation team with compensation strategy, design, analysis, firmwide comp expense budgeting/forecasting, and the implementation of new or revised compensation programs
Supports the yearend annual compensation process including bonus pool analysis, production of compensation templates for managers, compensation statements for employees and enhancements of related yearend processes
Performs complex Compensation analyses for presentation to firmwide Senior Leaders
Monitors labor market trends and continuously evaluate market competitiveness of compensation structures for Equities and other functions supported
Improves current state of function through automation and repeatable report creation for respective businesses
Partners closely with business leaders and Human Capital Business Partners to support business strategy(s) including complex analytics

Qualifications & Experience- Ideally 4-5 years of compensation experience, preferably in the financial services industry- Experience with HRIS systems, proficiency with Excel and PowerPoint- Experience conducting benchmarking analyses and distilling into actionable insights- Ability to independently take on multiple tasks with high degree of attention to detail- Proactive "go-getter" with an entrepreneurial spirit that offers suggestions for improvement and actively pushes Compensation function forward in both efficiency and effectiveness- Superior communication and listening skillset, experience with senior leadership/stakeholders a plus High level of self-awareness and humility, with excitement about confronting new challenges- Strong financial accounting acumen (e.g., GAAP) a plus- Understanding of carried interest and co-investment programs a plus

Pay Range

$110,000 - $130,000