Senior Analyst - Investment Operations Securities Settlements

Careers at KKR•Boston, MA

5d•$70,000 - $100,000•Onsite

About The Position

KKR's Credit Middle Office seeks a professional to support all aspects of securities and credit derivatives settlement. The individual will support DTC and Euroclear settlements, physical certificates, and derivatives clearing for multiple trading platforms within the firm.

Requirements

2-4 years of experience in securities settlements, ideally in an alternative asset management firm
Knowledge of securities, including corporate bonds, convertible bonds, asset-backed securities, and equities
Experience with multiple settlement methods including DTC, Euroclear and Clearstream
Experience with DTCC products (i.e., CTM and Alert)
Bloomberg experience
Understanding of a trade’s lifecycle, including the responsibilities of a custodian/clearing broker vs executing broker
Awareness of risks and controls related to T+1 Settlements
Commercial paper, options and trade claims
Knowledge of credit derivatives - both cleared and OTC, ISDA, short sales, and portfolio margining
Understanding of bond repos
Allvue Everest, Eze OMS, and Advent Geneva
High level attention to detail and the ability to resolve problems effectively and quickly
Strong organizational and time management skills: Be able to take on multiple requests at once and effectively complete tasks in a time efficient manner
Comfortable working in a deadline-driven environment that includes periodic peak periods
Effective at managing interdependent deliverables — including those that rely on the timely output of other teams — by proactively tracking dependencies, following up, and communicating status and risks early
Flexibility and the ability to adapt to change in a dynamic environment
Ability to build relationships across teams
Customer service oriented (managing internal and external clients)
Strong work ethic with the ability to quickly grasp key concepts
Strong written and oral communication skills

Responsibilities

Coordinate with brokers, custodians, and third-party settlement service providers to ensure timely instruction and matching of trades
Settle trades and communicate with various parties to resolve any confirmation, matching, and settlement issues
Monitor daily failing trades; escalating potential buy-ins and other economically impactful issues to traders and operations management
Coordinate with front office and other support teams, locally and globally, to address trade related inquiries and issues
Confirmation / Affirmation of cash and derivatives trades
Coordinate with various internal teams such as Treasury, Legal, Compliance, Finance and Recon teams on settlement and other account issues as needed
Work with operational onboarding team to ensure timely and accurately set up new accounts on internal systems and DTCC Alert
Identify control gaps and offer solutions related to settlements and trade operations processes
Proactively identify opportunities to improve processes and raise service level to internal clients
Ability to manage and provide direction to third-party settlements vendors