Treasury Credit Operations

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 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 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 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
• 1-4 years’ experience in Investment Operations or Treasury Departments, ideally at an alternative asset management firm
• 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

OTHER IDEAL QUALIFICATIONS

• Treasury and/or securities settlements operations
• Private credit or equity deal funding
• Complex alternative asset fund structures
• Experience with Hazeltree, BMS Everest and/or Advent Geneva
• Working with outsourced service providers
• Complex alternative asset fund structures

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