Risk Officer, Risk Identification and Control Program Enablement

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

KKR’s Enterprise Risk Management (“ERM”) function is responsible for ensuring the consistent application of the risk management framework globally to help KKR achieve its strategic objectives and operational efficiency while operating within the firm’s risk appetite.

ERM’s Objectives

• Identify and monitor risk from the firm’s verticals to understand global, horizontal risk trends and issues
• Assess and measure risks, control gaps or enhancements for risk relevant programs
• Aggregate risk information for monitoring and reporting; inform risk-based decision making
  
  

Embedded within ERM, the Risk Identification & Enablement team is responsible for the design, implementation and management of risk activities related to risk identification, including but not limited to enterprise problem management (issues, incidents, and events), mitigation efforts, top risk identification, and emerging risks. The team additionally manages and oversees risk activities related to the firm’s strategic transformation, new business activities, platform development, and tooling to enable a robust and sustainable Enterprise Risk Management Framework.

With a focus on creating a proactive risk management culture, embedding risk awareness into decision making processes across the firm, as part of our global organization, you will have the opportunity to contribute to an integrated approach to risk management, helping to shape our firm’s approach to risk - making a meaningful impact on our ability to navigate an increasingly complex risk landscape.

Position Summary

KKR is seeking to hire highly motivated and experienced Risk Officer to work within the Risk Identification and Enablement team in Boston, MA. Reporting to the Head of Risk Identification and Enablement, the successful candidate will be analytically curious, have an aptitude for challenge, and an unwavering commitment to excellence.

The individual will work closely with Asset Management, Strategic Holdings, Insurance and supporting Business Operations functions e.g., Finance, Technology, Treasury, Compliance, Audit and Client Solutions among other key stakeholders across the firm.

RESPONSIBLITIES

• Assist in the development, implementation, and maintenance of the firm’s problem management strategies including firmwide incident management, risk event management, and firmwide issue management.
• Support the Head of Risk Identification and Enablement to work with the broader team to execute strategic initiatives as the program expands, in consideration of regulatory feedback and industry changes.
• Conduct postmortem analysis of individual incidents/events and independent assessment of thematics across all non-financial risk domains, independently challenging response, continuity, and recovery capabilities of teams firmwide.
• Review and evaluate new business initiatives and firm acquisitions to identify and analyze changes to the operational risk profile.
• Partner with Risk Insights & Reporting, Risk Governance, and Risk Program teams to accelerate enhancements to the ERMF, including but not limited to dashboard and reporting development, control identification, automation, framework design, and process improvements.
• Support regular development of reporting for the Risk Identification & Enablement team to senior management, committees and the Board.
• Partner with control programs to drive consistent adoption of the firm’s Enterprise Risk Management Framework firmwide.
• Manage adoption of the firm’s risk management toolkit.
  
  

Qualifications

• 3-5 years of experience in enterprise risk management, operational risk management, or management consulting ideally in Financial Services
• Work experience at a global company, engaging with individuals in different positions, across all levels
• Demonstrated experience in leading and managing complex projects, with a track record of successfully implementing risk management frameworks and processes
• Bachelor’s degree in business, Risk Management, Economics, Finance, Business Analytics, Management, or significant experience and understanding of risk management
  
  

CRITICAL COMPETENCIES FOR SUCCESS

• A proactive approach with a strong bias for taking action and driving results
• High analytical acumen along with a solid business sense that guides ROI-based prioritization and decisions
• Strong understanding of Risk Management frameworks and best practices
• Strong understanding of one or many of the following risk areas: Execution & Processing Risk, Operational Resilience, Technology & Information Security Risk, Asset Damage & Appropriation, Third Party Risk, Strategic and Business Risk, and Regulatory Compliance Risk.
• Exceptional oral and written communication skills
• Ability to effectively interface with people at all levels, globally
• Excellent PowerPoint & Excel skills; SQL or technical skills are a plus
• Ability to synthesize large datasets and draw conclusions
• A curious nature with a passion for innovation and continuous improvement
• Proven ability to manage multiple demands and projects in a fast-paced work environment, including ability to prioritize time efficiently and handle heavy workloads while remaining attentive to detail
• Maturity, presence, sound judgment, and ability to form and express opinions effectively
• Strong relationship development skills, including over the phone with global teams and with individuals of whom work is being requested
• Understanding of Private Equity, Asset Management, and/or Insurance a plus
  
  

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

$125,000—$175,000 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.