Associate, Private Multi Asset Credit Solutions

About KKR

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: Associate, Private Multi Asset Credit Solutions

KKR is seeking an experienced quantitative investment professional, at the Analyst/Associate level, to join its Portfolio Construction team. This team is responsible for formulating investment-oriented portfolio construction recommendations for KKR’s portfolios with over $720bn+ AUM, monitoring and managing risk across KKR Private Market and Credit portfolios, and providing asset allocation recommendations for various multi-asset portfolio client initiatives, including strategic partnerships and structured products. In this high-visibility role, the successful candidate will focus on portfolio construction across KKR’s Credit portfolios and asset allocation for multi-asset mandates. They will frequently interact with KKR senior management, requiring clear information synthesis, and contribute to proprietary models in less standardized asset classes, emphasizing creativity and innovative thinking. The ideal candidate must be highly technical and collaborative.

Key Responsibilities

• Help prepare portfolio construction recommendations for Credit funds for Portfolio Management Committees across the Americas, Europe and Asia.
• Provide support on fund modeling to understand drivers of historical and projected performance, risk exposures and economic sensitivities.
• Monitor portfolios closely and assist with portfolio analytics using quantitative and qualitative approaches, coordinating with deal teams, client partners group, operations, and finance colleagues while ensuring data integrity.
• Demonstrate working knowledge of financial markets ideally in Credit or Fixed Income, and assist with tracking the latest market development and providing updates / actionable recommendations to Portfolio Managers.
• Help communicate risk concerns efficiently and prepare presentations for Portfolio Managers / Investment Committees.
• Help manage and enhance quantitative asset allocation models for KKR’s various multi-asset portfolios and KKR’s Balance Sheet.
• Think creatively about solutions to structure multi-fund investments and be able to simulate scenarios and explain outcomes.
• Maintain and continue to improve upon customized models tailored to the firm’s investment process and risk framework; work closely with dedicated IT resources to automate and institutionalize these models.
• Serve as a quantitative resource for the larger firm, evaluating existing resources and recommending improvements in models and technology, leveraging AI capabilities.

Ideal Experience

• 1-3 years of experience related to Fixed Income or Credit (High Yield, Loans, Structured Products, Private Credit).
• Strong programming skills in a structured language (Python preferred) and strong proficiency in Microsoft Office Products (Excel and PowerPoint).
• Experience in applying best practices in quantitative methods and strategies to the investment/risk management process, including practical application of large data analysis.
• Basic understanding of corporate fundamentals.
• Broad experience with various types of investments and their characteristics, which may include private and public equities, fixed income and structured investments, as well as real estate/infrastructure. Prior exposure to private assets is preferred but not required.
• Understanding of global economic principles and trends, and their impact on the management of a large and diverse investment platform.
• Knowledge of risk systems a plus (MSCI RiskMetrics, Barra, Bloomberg PORT, Factset).

Critical Competencies for Success

• Highly detail-oriented, well-organized, independent and proven ability to manage demands of multiple projects and ability to prioritize in a fast-paced work environment.
• Superior communication and presentation skills (written and oral) coupled with the requisite level of gravitas to effectively communicate complex ideas at a high level.
• Structured problem-solving skills.
• High level of intellectual curiosity, accountability and drive, and self-motivation.
• Strong relationship development skills, including with internal product and support teams and with individuals of whom work is being requested.
• Aptitude for critical and creative thinking across the quantitative and qualitative spectrum.
• Willingness to work hard and demonstrate ability to collaborate with members of a lean team.

Base Salary Range

$120,000—$150,000 USD annually in New York. Actual salaries may vary based on skill, experience, and qualifications. Discretionary bonuses are based on individual and team performance.

Key skills/competency

• Quantitative Analysis
• Portfolio Construction
• Risk Management
• Asset Allocation
• Fixed Income
• Credit Products
• Python Programming
• Financial Modeling
• Data Analysis
• Investment Strategy