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    KK

    Kkr

    Investment Management

    Investment Operations Associate - Loan Settlements

    Boston, United StatesOn-SiteFull-time4–6 yrs experience$90k – $130k / yearPosted 1w ago
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    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.

    KKR is seeking a Leveraged Credit Closer to join its Global Investment Operations team in Boston. The individual will support the KKR Credit Trading desk, KKR Capital Markets (KCM), KKR’s CLO business, and Private Credit Operations.

    The role will be responsible for supporting the leveraged loan trade lifecycle and ensuring trades are settled accurately and efficiently. The individual will partner closely with Trading, Treasury, Legal, Asset Maintenance, Finance, Compliance, and other teams across the firm to resolve settlement issues and ensure internal systems and records are accurately maintained.

    This role provides an opportunity to join a global and evolving Investment Operations function focused on delivering best-in-class operational support to KKR’s investment businesses.

    RESPONSIBILITIES

    Key responsibilities include:

    • Manage the end-to-end closing and settlement of leveraged loan trades in accordance with LSTA conventions and settlement timelines
    • Manage a high-volume closing pipeline, prioritizing trades based on settlement dates, compensation deadlines, and counterparty requirements
    • Navigate loan closing workflows in ClearPar, including trade matching, document generation, and funding memo review
    • Review credit agreements and apply relevant assignment provisions, minimum denominations, and eligible assignee requirements
    • Partner with agent banks, counterparties, Trading, Legal, and Treasury to resolve documentation and settlement issues
    • Coordinate funding requirements and cash movements with Treasury, including wire instructions and funding confirmations
    • Review delayed compensation and cost-of-carry calculations and escalate discrepancies as appropriate
    • Ensure trades and related activity are accurately reflected across internal systems
    • Partner with the broader Global Investment Operations team and other functions to identify and implement process and control improvements
    • Evaluate opportunities to leverage AI, automation, and technology to improve loan closing workflows and operational efficiency

    QUALIFICATIONS

    • 4-6 years of relevant experience in leveraged credit / syndicated loan closing
    • Strong working knowledge of the LSTA trade documentation and settlement process, including par and distressed conventions
    • Strong understanding of the leveraged loan trade lifecycle
    • Hands-on experience with ClearPar
    • Ability to interpret relevant provisions within credit agreements and loan documentation
    • Understanding of delayed compensation and LSTA cost-of-carry concepts
    • Knowledge of loan funding mechanics and associated cash movements
    • Experience with Geneva and BMS Allvue preferred
    • Interest in and working knowledge of AI and automation tools strongly preferred

    CRITICAL COMPETENCIES FOR SUCCESS

    • Strong intellectual curiosity, commercial judgment, and ability to learn quickly
    • Self-starter with a hands-on, solutions-oriented approach
    • Excellent attention to detail with strong organizational and execution skills
    • Ability to manage multiple priorities and a high-volume workload in a fast-paced environment
    • Strong problem-solving skills with the ability to identify and address issues proactively
    • Effective relationship-building and communication skills across investment and support functions
    • Strong client-service orientation with a sense of urgency and accountability
    • Sound judgment and discretion when handling sensitive information
    • Collaborative, team-oriented approach with a willingness to contribute beyond immediate responsibilities

    #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
    $90,000—$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 [email protected]. 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 [email protected]. 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.

    Job details are sourced from the employer's original posting.

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    KK

    About the company

    Kkr

    KKR is a global investment firm that offers asset management and capital markets services.

    View all Kkr jobs
    Industry
    Investment Management
    Open roles
    139

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