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Global Treasury & Security Settlements Senior Operations Professional

Global Treasury & Security Settlements Senior Operations Professional

Careers at KKRNew York, NY, United States
3 days ago
Job type
  • Full-time
Job description

COMPANY OVERVIEW

KKR is a leading global investment firm that offers alternative asset management as well as 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 Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries.

TEAM OVERVIEW

The Global Treasury team was recently formed within the Global 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.

POSITION SUMMARY

KKR Global Treasury seeks an Operations Manager 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 MANAGEMENT

  • Review 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 borrowers 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 facilities
  • Direct deal funding
  • FX settlements
  • Collateral movements
  • Internal cash movements
  • Quarterly fund distributions
  • Vendor invoice payments
  • Perform wire callbacks.
  • Support ongoing maintenance and implementation of KKR's Treasury Management System.
  • COLLATERAL MANAGEMENT

  • Daily monitoring of collateral and margin calls. Ensure all collateral movements have been satisfied and all issues are resolved.
  • Partner with Derivatives and Liability Management team to set thresholds for risk monitoring and shock analysis to ensure proper cash buffers.
  • OTHER

  • Liaise with internal clients, custodians, fund administrators, and other counterparties to ensure Treasury related issues are resolved promptly & accurately.
  • QUALIFICATIONS

  • Bachelor's degree
  • 3+ years' experience in Investment Operations or Alternative Asset Management Treasury Departments.
  • Knowledge of corporate bonds, loans, asset-backed securities, and equities.
  • Awareness of risks and controls related to settlement environment and an ability to act swiftly to remedy issues.
  • Strong organizational, communication, analytical, and problem-solving skills.
  • High level of attention to detail, especially as it relates to the prevention of wire fraud.
  • Flexibility and the ability to adapt to change in a dynamic environment.
  • Ability to build relationships across teams.
  • Experience in deal funding cycles across Credit strategies.
  • Treasury and / or securities settlements operations.
  • Complex alternative asset fund structures.
  • Experience with Hazeltree, BMS Everest and / or Advent Geneva.
  • Working with outsourced service providers.
  • #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

    $110,000-$140,000 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.

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