KKR US | Principal, Structured Products & ABF

Responsibilities

• The Insurance Investments team is a group of 45 dedicated professionals with deep connectivity to the broader KKR platform.
• This is a senior role on the KKR Insurance Investments Structured Credit team reporting directly to the Portfolio Manager.
• The team oversees capital deployment and portfolio management across a wide variety of asset classes spanning the risk/return and liquidity spectrum, including residential real estate, consumer finance, small business, transportation, equipment, renewable energy, infrastructure, commercial real estate, and CLOs, expressed across securities, whole loans, direct lending, whole assets, and platform investments.
• We are looking for candidates with exceptional technical and interpersonal skills and strong relationships across the street and investor community, with a preference for a strong background in residential and commercial real estate.
• Tracking Markets & Generating Relative Value Views.
• Present market themes, positioning recommendations, and relative value analysis to internal committees and senior leadership.
• Support the PM in designing GA's capital deployment strategy across structured credit, incorporating economics, capital efficiency, and ALM considerations.
• Track the new issue pipeline and market themes to ensure alignment with deployment objectives.
• Monitor the existing portfolio for risks and opportunities, identifying positions to trim, hold, or add to based on evolving market conditions.
• Collaborate with the PM and KKR structured products traders to execute portfolio trades.
• Collaborate across asset classes to facilitate investment decision-making.
• Generate cross-sector relative value ideas through market research and coordination with KKR structured credit traders
• Translate market views and relative value analysis into actionable asset allocation recommendations (e.g., which sectors to overweight/underweight, duration positioning, fixed vs. floating rate mix, liquidity)
• Design and recommend portfolio rotation trades to improve yield, capital efficiency, and ALM positioning (e.g., shifting sector allocations, rotating short-term positions into permanent allocations, extending or shortening duration)
• Gather intelligence on peer positioning (other insurers, asset managers, banks) and communicate that competitive intelligence internally
• Serve as the primary point of interface with KKR investment as they screen opportunities, iterating on needs and axes, assessing how trades fit the broader investment plan, and providing real-time feedback to accommodate deal timelines
• Joining the KKR Insurance Structured Credit team offers a unique opportunity to serve as a senior member of one of the largest and most active insurance portfolios in structured credit.

Qualifications

• ~6 - 10 years of experience in structured products in an investing role.
• Deep knowledge of structured credit asset classes, with experience in residential and commercial real estate most highly prioritized.
• Demonstrated ability to form independent views on relative value across structured credit sectors and express conviction.
• Strong existing relationships with both sell side and peer institutions and a demonstrated ability to source market intelligence and read competitive positioning through personal networks.
• Strong presentation and communication skills.
• Proficiency with Bloomberg and standard structured credit analytical tools (Intex, TREPP, etc.).
• Knowledge of insurance company-specific investment and accounting considerations (NAIC capital charges, RBC, ALM, duration management) a plus.

KKR US

KKR US is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Boston, New York and Dallas.

• Industry: BFSI / Investments / Insurance