Senior Analyst - Investment Operations Securities Settlements
Summary
Senior Analyst in KKR's Credit Middle Office handling securities and credit derivatives settlements: coordinating DTC/Euroclear trade settlement with brokers, custodians and vendors, resolving fails and confirmations, and improving settlement processes. Requires 2-4 years of settlements experience and tools like DTCC CTM/Alert, Bloomberg, Allvue Everest, Eze OMS and Advent Geneva.
COMPANY OVERVIEW
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.
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.
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
Qualifications
- 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
Interpersonal and Business Skills
- 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
#LI-ONSITE
This is the expected annual base salary range for this Boston-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.
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.
KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com. Emails sent for unrelated issues, such as following up on an application, will not receive a response.
If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. Only emails left for this purpose will be returned.
Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.
As published by greenhouse · 22 questions
Basics
First Name, Last Name, Email, Phone, Resume/CV, Cover Letter, Location
Short answers (11)
- Home Address optional
- LinkedIn Profile optional
- Website optional
- If yes, please briefly describe your current visa status. optional
- Work Authorization Expiration Date optional
- Please provide name of Referrer. If not applicable, please indicate N/A. optional
- If yes, please provide details of the role, location and date. optional
- If you replied yes to the question above, please provide details of non-compete, non-solicitation and/or notice periods. optional
- If yes, please provide your Deloitte employment details: job title, employment dates (MM/YYYY - MM/YYYY or MM/YYYY - Present, and office/location (city, country).
- If Yes, please provide the name of the current GA or KKR employee and identify the familial relationship.
- If you are fluent in any additional language, please specify. optional
Pick from a list (11)
- Are you legally authorized to work for our company in the U.S.?
- Will you now or in the future require visa sponsorship to work in the United States?
- Are you currently an employee or have you been previously employed by KKR?
- Were you referred by a current or previous KKR employee, or by an external affiliate of KKR?
- Is the referrer aware they are being cited as a referral source? optional
- Have you interviewed with KKR, its affiliates or any of its portfolio companies in the past 12 months?
- Do you currently have a non-compete, non-solicitation, or notice period agreement that may affect your employment with KKR? Select all that apply.
- Are you currently, or have you ever been, employed by Deloitte in any capacity--for example, full-time, part-time, fixed-term, contractor/temporary, or intern/co-op/apprentice or the like?
- Do you have any family members currently employed by KKR (inclusive of Global Atlantic Financial Company (“GA”)? For purposes of this question, a “family member” includes (a) anyone related to a KKR or GA employee by blood, adoption, foster care or marriage (including step-relationships); or (b) a spouse, fiancé(e), domestic partner, or any individual with whom the employee has a relationship that is substantially similar to a familial or marital relationship.
- I confirm that my application materials and interview responses reflect my own work and were not generated, edited, or supplemented by AI tools (e.g., ChatGPT, Gemini, Claude, etc.).
- Please indicate any languages in which you are fluent.