Careers at KKR
Treasury Credit Operations
Careers at KKR, New York, New York, us, 10261
COMPANY OVERVIEW
KKR & Co. Inc., together with its subsidiaries, is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group.
POSITION SUMMARY
The Global Treasury team is recently formed within the Global Markets Operations group at KKR. The Global Treasury Team supports all treasury and cash management operations. This includes capital calls and distributions, deal funding and closing, bank account management, FX settlements, liquidity management, credit, and more. As the team shifts their focus to continuous improvement, they are seeking a high performing individual who excels when operating in a fast-paced, deadline-oriented environment.
KKR Global Treasury seeks an Operations Professional to assist with day-to-day treasury activities for its investment platforms. The individual will perform treasury activities related to cash management, wire payments, collateral management, and FX settlements. Additionally, this person will act as a primary point of contact for internal and external parties for Treasury-related inquiries and issues.
RESPONSIBILITIES
CASH MANAGEMENTReview balances and upcoming deal activity to ensure KKR funds have sufficient balances for daily operations.Partner with Complex Liquidity and Cash Management team to recommend facility borrows and repayments, FX swaps, and internal transfers to maximize portfolio yield.Assist Asset Liability Portfolio Servicing group with reconciliation efforts to provide accurate data for internal reporting.WIRE PAYMENTS
Initiate wire payments, including:
Drawdowns on revolving credit facilitiesDirect deal fundingFX settlementsCollateral movementsInternal cash movementsQuarterly fund distributionsVendor invoice payments
Perform wire callbacksSupport ongoing maintenance and implementation of KKR's Treasury Management SystemCOLLATERAL MANAGEMENT
Daily monitoring of collateral and margin calls. Ensure all collateral movements have been satisfied and all issues are resolvedPartner with Derivatives and Liability Management team to set thresholds for risk monitoring and shock analysis to ensure proper cash buffersOTHER
Liaise with internal clients, custodians, fund administrators, and other counterparties to ensure Treasury related issues are resolved promptly & accuratelyQUALIFICATIONS
Bachelor's degree1-4 years' experience in Investment Operations or Treasury Departments, ideally at an alternative asset management firmKnowledge of corporate bonds, loans, asset backed securities, and equitiesAwareness of risks and controls related to settlement environment and an ability to act swiftly to remedy issuesStrong organizational, communication, analytical, and problem-solving skillsHigh level of attention to detail, especially as it relates to the prevention of wire fraudFlexibility and the ability to adapt to change in a dynamic environmentAbility to build relationships across teamsOTHER IDEAL QUALIFICATIONS
Treasury and/or securities settlements operationsPrivate credit or equity deal fundingComplex alternative asset fund structuresExperience with Hazeltree, BMS Everest and/or Advent GenevaWorking with outsourced service providersComplex alternative asset fund structures
#LI-DNI
This is the expected annual base salary range for this New York-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Base Salary Range
$115,000-$130,000 USD
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
KKR & Co. Inc., together with its subsidiaries, is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group.
POSITION SUMMARY
The Global Treasury team is recently formed within the Global Markets Operations group at KKR. The Global Treasury Team supports all treasury and cash management operations. This includes capital calls and distributions, deal funding and closing, bank account management, FX settlements, liquidity management, credit, and more. As the team shifts their focus to continuous improvement, they are seeking a high performing individual who excels when operating in a fast-paced, deadline-oriented environment.
KKR Global Treasury seeks an Operations Professional to assist with day-to-day treasury activities for its investment platforms. The individual will perform treasury activities related to cash management, wire payments, collateral management, and FX settlements. Additionally, this person will act as a primary point of contact for internal and external parties for Treasury-related inquiries and issues.
RESPONSIBILITIES
CASH MANAGEMENTReview balances and upcoming deal activity to ensure KKR funds have sufficient balances for daily operations.Partner with Complex Liquidity and Cash Management team to recommend facility borrows and repayments, FX swaps, and internal transfers to maximize portfolio yield.Assist Asset Liability Portfolio Servicing group with reconciliation efforts to provide accurate data for internal reporting.WIRE PAYMENTS
Initiate wire payments, including:
Drawdowns on revolving credit facilitiesDirect deal fundingFX settlementsCollateral movementsInternal cash movementsQuarterly fund distributionsVendor invoice payments
Perform wire callbacksSupport ongoing maintenance and implementation of KKR's Treasury Management SystemCOLLATERAL MANAGEMENT
Daily monitoring of collateral and margin calls. Ensure all collateral movements have been satisfied and all issues are resolvedPartner with Derivatives and Liability Management team to set thresholds for risk monitoring and shock analysis to ensure proper cash buffersOTHER
Liaise with internal clients, custodians, fund administrators, and other counterparties to ensure Treasury related issues are resolved promptly & accuratelyQUALIFICATIONS
Bachelor's degree1-4 years' experience in Investment Operations or Treasury Departments, ideally at an alternative asset management firmKnowledge of corporate bonds, loans, asset backed securities, and equitiesAwareness of risks and controls related to settlement environment and an ability to act swiftly to remedy issuesStrong organizational, communication, analytical, and problem-solving skillsHigh level of attention to detail, especially as it relates to the prevention of wire fraudFlexibility and the ability to adapt to change in a dynamic environmentAbility to build relationships across teamsOTHER IDEAL QUALIFICATIONS
Treasury and/or securities settlements operationsPrivate credit or equity deal fundingComplex alternative asset fund structuresExperience with Hazeltree, BMS Everest and/or Advent GenevaWorking with outsourced service providersComplex alternative asset fund structures
#LI-DNI
This is the expected annual base salary range for this New York-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Base Salary Range
$115,000-$130,000 USD
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.