Company Overview
KKR & Co. Inc., together with its subsidiaries, is a leading global investment firm that offers alternative asset management and 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 The Global Atlantic Financial Group.
Team Overview
The Balance Sheet & Strategy teams at KKR consist of a small group of proven investment professionals tasked with determining the firm’s Strategy and managing the firm’s $30 Billion balance sheet in pursuit of that strategy. KKR operates across three business segments: Asset Management, Insurance and Strategic Holdings. The Balance Sheet & Strategy teams work together with Firm Leadership to determine the Firm’s business and capital allocation strategies.
The responsibilities of these teams include (i) allocating the Firm’s capital in a way that maximizes value for KKR, (ii) managing the Firm’s liability structure including optimizing cost of capital, (iii) evaluating specific investment opportunities, including new fund & co-investments, strategy seeding, and corporate M&A, (iv) developing the firm’s asset allocation targets in a way that maximizes the risk-adjusted return generated by our Balance Sheet, (v) raising capital for KKR through debt, equity and structured solutions, (vi) evaluating Capital Markets opportunities and risk levels, (vii) forecasting and analyzing KKR’s financial condition and outlook as a firm and (viii) helping to oversee and manage KKR’s enterprise level financial risk.
Position Overview
KKR is seeking an Associate, based in New York, to play a critical role on the Balance Sheet and Strategy teams that marries aspects of investing, corporate strategy / development, and macroeconomic and strategic finance. The successful candidate will play a key part in shaping and executing our growth plans and will explore opportunities ranging from strategic partnerships to minority investments and full acquisitions or divestments.
Responsibilities
More specifically, this individual will be expected to work on:
- Building and maintaining of financial models to evaluate returns on invested capital and impacts to KKR’s P&L under various financing scenarios
- Supporting the creation and presentation of analysis for investments, financings, and forecasts to help senior teams evaluate strategic alternatives for the firm
- Collaborating on developing frameworks for how KKR invests and allocates balance sheet capital
- Monitoring the firm’s liquidity and assisting in forecasting efforts
- Assisting in structuring, analyzing, and reviewing financing transactions, including traditional financings and more complex structuring opportunities
- Supporting the tracking of existing balance sheet investments by working closely with Private Equity, Real Assets, and Credit deal teams
- Contributing to regular reporting on balance sheet performance for senior leadership and partners
- Evaluating evaluating risks and opportunities in the firm’s debt and equity portfolios by performing research and analysis
- Conducting scenario analysis and assisting in stress testing to understand the impact of market, interest rate, and liquidity changes
- Supporting cross-functional collaboration with investment, liability management, and finance teams to align asset and liability strategies
- Assisting with initiatives aimed at optimizing balance sheet strategies, ensuring liquidity, and supporting capital adequacy efforts
- Research and assess areas for strategic investment and growth opportunities in asset management, insurance, and strategic holdings
- Reviewing and summarizing inbound opportunities and ideas from Investment Banks and senior leadership for further evaluation
- Supporting deal teams on transactions requiring balance sheet investment, gaining exposure to various industry groups and geographies
- Preparing materials and communicating key findings and recommendations to senior team members and leadership
Qualifications
- 2-4 years of relevant experience in Private Markets Investing, Corporate Development / Finance, Investment Banking or similar role
- Strong interest in being an active contributor toward the development of Firm strategy
- Excellent analytical and problem-solving skills with the ability to communicate complex information effectively
- Ability to network internally and maintain relationships across the firm, collaborating and working cross-functionally with investment, finance, and risk teams
- Detail-oriented with the ability to work in a fast-paced and dynamic environment
- Quick learner with strong intellectual curiosity and self-motivation; ability to come up with and execute new ideas
- Desire to be a self-starter, take ownership of projects, and stay with them until completion
- Team-oriented, positive attitude with a willingness to help out wherever necessary
- Ability to prioritize time efficiently while managing multiple demands and projects and remaining attentive to detail
This is the expected annual base salary range for this New York-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
$150,000—$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.
