Principal (Multiple Positions Available)

Careers at KKR • New York, NY

3h • Onsite

About The Position

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. The Principal role involves directing, leading, and overseeing professionals from the KKR investment team and a range of external financial, accounting, and other advisors and consultants in analyzing, structuring, and developing asset allocation strategies across the company. This includes evaluating relative value opportunities within private markets, overseeing and tracking portfolio investments, providing asset allocation recommendations across public and private markets investment strategies, and driving quantitative financial performance and risk initiatives. The Principal will also lead portfolio construction initiatives for KKR’s Private Market strategies, supervise and manage Analysts and Associates, and work closely with Portfolio Managers (PMs) to perform comprehensive portfolio analyses. Furthermore, the role requires overseeing, maintaining, and improving customized financial models and collaborating with dedicated IT resources to automate and institutionalize these critical financial models.

Requirements

• A Bachelor’s degree in Finance, Mathematics, Economics, Business Administration or related field of study.
• Five (5) years of experience in the job offered or five (5) years of experience as a Principal, Private Equity Analyst/Associate, Investment Analyst/Associate, Risk Analyst/Associate or related occupation.
• 3 years of experience delivering key portfolio construction and investment recommendations to senior managers, including econometrically-driven cashflow forecasts, Public-Market-Equivalent volatility and correlation models, and illiquidity premium models calibrated to detailed markets scenarios.
• 3 years of experience modeling private equity investments using a range of economic and financial input parameters.
• 3 years of experience producing macroeconomic market assessments and projecting output of internal rates of return and return on invested capital.
• 3 years of experience conducting statistical analyses and inferences regarding assets and debt values and future cash flows including analyses of macro-driven downside.
• 3 years of experience developing actionable transaction ideas / recommendations.
• 3 years of experience performing financial modeling based on quantitative and qualitative frameworks, stress test portfolios under various risk factors environments, using Barra Equity Factor Model, Regression Analysis, Markov Chain Monte Carlo simulation and Principal Component Analysis.
• 2 years of experience interacting with prospects and existing clients and delivering clear actionable Portfolio Construction recommendations for individual funds and customized multi-asset Client Solution proposals.
• 2 years of experience analyzing risks exposure and historical performance drivers (performance attribution).
• 2 years of experience modeling future investors’ capital calls/distribution and estimating long term fund performance based on various investments exit assumptions.
• 2 years of experience performing asset optimization and assessing relative value opportunities to make asset allocation recommendations for both multi-asset portfolios and within private equity only funds.

Responsibilities

• Direct, lead, and oversee professionals from the KKR investment team and a range of external financial, accounting, and other advisors and consultants in analyzing, structuring, and developing asset allocation strategies across the company.
• Evaluate relative value opportunities within private markets and create indicators utilizing market data and proprietary financial data prepared by Analysts and Associates.
• Oversee and track portfolio investments, utilizing financial data modeling and valuation analyses conducted by Analysts, Associates and external professional service providers for developing credit situations to identify industry developments, market movements and identify and classify the potential risks of investments or lending.
• Provide asset allocation recommendations across public and private markets investment strategies, and drive various quantitative financial performance and financial risk initiatives for various KKR client solutions mandates.
• Lead portfolio construction initiatives for KKR’s Private Market strategies and supervise and manage Analysts and Associates while working closely with Portfolio Managers (PMs) in performing comprehensive portfolio analyses to assess portfolio exposure to sectors, risk factors, investment types, credit qualities, and other financial elements.
• Oversee, maintain and continue to evaluate and improve upon customized financial models tailored to the firm’s investment process and risk framework and work closely with dedicated IT resources to automate and institutionalize these critical financial models and make critical recommendations to improve systems and processes.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal
• Number of Employees: 501-1,000 employees