What are the responsibilities and job description for the Private Credit Deal Coordinator position at KKR?
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.
POSITION SUMMARY
Seeking an Associate to join the Private Credit Operations team as a Deal Coordinator. The Private Credit Deal Coordinator will work closely with deal teams, legal, tax, finance, treasury and other groups to assist with various responsibilities related to pre- and post-close items across its Direct Lending, Junior Debt, and other strategic investment platforms.
RESPONSIBILITIES
- Maintain tracker(s) to ensure deal timing estimates are up-to-date and forecasts for unfunded commitments are in line with expectations and deals are tracked accurately in our systems
- Work with KKR Legal, external counsel, administrative agents, and other parties on KYC items
- Assist entity onboarding team with information related to new investment structures
- Assist Derivatives and Liabilities Management team in coordinating back leverage
- Partner with Treasury team to ensure successful delivery of funds on closing date
- Frontings: work with loan settlements team to coordinate and arrange settlement with other lenders
- Maintain documentation of deals and provide to interested parties (including admin agents, clients, custodians/administrators, and auditors)
- Manage the settlement of all private credit secondary trades and internal transfers
- Coordinate and maintain the private ratings process with rating agencies
- Process improvement, work with technology and engineering teams to enhance systems for greater efficiency
- Assist Credit FX Team with information for hedging purposes
QUALIFICATIONS
- 3-6 years experience in general investment operations, ideally in a middle office or other transaction-facing role
- Prior experience in private credit or equity deal funding
- Knowledge of credit investments, particularly bank loans
- Strong organizational, analytical, and problem-solving skills
- High level of attention to detail
- Excellent verbal and written communication skills
- Ability to multi-task, and oversee a high volume of work
- Strong work ethic with the ability to quickly grasp key concepts
#LI-ONSITE
This is the expected annual base salary range for this Boston-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
$80,000 - $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 will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com. Emails sent for unrelated issues, such as following up on an application, will not receive a response.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. Only emails left for this purpose will be returned.
Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.
Salary : $80,000 - $130,000