Investment Operations Associate - Loan Settlements

Stage; Boston (MA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

KKR is seeking a Leveraged Credit Closer in Boston to support the Credit Trading desk, KCM, and CLO/Private Credit Operations. You will manage end-to-end loan trade closings, ensure accurate settlement, and coordinate with Treasury and Legal to resolve issues, while exploring AI-driven process improvements.

Ideal candidates have 4–6 years of leveraged credit experience, hands-on ClearPar knowledge, and strong familiarity with LSTA conventions and loan funding mechanics.

Qualifications

• 4-6 years of relevant experience in leveraged credit / syndicated loan closing.
• Strong working knowledge of the LSTA trade documentation and settlement process, including par and distressed conventions.
• Strong understanding of the leveraged loan trade lifecycle.
• Hands-on experience with ClearPar.
• Ability to interpret relevant provisions within credit agreements and loan documentation.
• Understanding of delayed compensation and LSTA cost-of-carry concepts.
• Knowledge of loan funding mechanics and associated cash movements.
• Experience with Geneva and BMS Allvue preferred.
• Interest in and working knowledge of AI and automation tools strongly preferred.

Responsibilities

• Manage the end-to-end closing and settlement of leveraged loan trades in accordance with LSTA conventions and settlement timelines.
• Manage a high-volume closing pipeline, prioritizing trades based on settlement dates and deadlines.
• Navigate loan closing workflows in ClearPar, including trade matching, document generation, and funding memo review.
• Review credit agreements and apply relevant provisions, denominations, and eligible assignee requirements.
• Coordinate with agent banks, counterparties, and internal teams to resolve documentation and settlement issues.
• Oversee funding requirements and cash movements with Treasury, including wire instructions.
• Monitor delayed compensation and cost-of-carry calculations and escalate discrepancies.
• Ensure trades are accurately reflected across internal systems.

Skills

Leveraged credit

LSTA knowledge

Attention to detail

Communication

Tools

ClearPar

Geneva

BMS Allvue

Job description

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 is seeking a Leveraged Credit Closer to join its Global Investment Operations team in Boston. The individual will support the KKR Credit Trading desk, KKR Capital Markets (KCM), KKR’s CLO business, and Private Credit Operations.

The role will be responsible for supporting the leveraged loan trade lifecycle and ensuring trades are settled accurately and efficiently. The individual will partner closely with Trading, Treasury, Legal, Asset Maintenance, Finance, Compliance, and other teams across the firm to resolve settlement issues and ensure internal systems and records are accurately maintained.

This role provides an opportunity to join a global and evolving Investment Operations function focused on delivering best-in-class operational support to KKR’s investment businesses.

RESPONSIBILITIES

Key responsibilities include:

• Manage the end-to-end closing and settlement of leveraged loan trades in accordance with LSTA conventions and settlement timelines
• Manage a high-volume closing pipeline, prioritizing trades based on settlement dates, compensation deadlines, and counterparty requirements
• Navigate loan closing workflows in ClearPar, including trade matching, document generation, and funding memo review
• Review credit agreements and apply relevant assignment provisions, minimum denominations, and eligible assignee requirements
• Partner with agent banks, counterparties, Trading, Legal, and Treasury to resolve documentation and settlement issues
• Coordinate funding requirements and cash movements with Treasury, including wire instructions and funding confirmations
• Review delayed compensation and cost-of-carry calculations and escalate discrepancies as appropriate
• Ensure trades and related activity are accurately reflected across internal systems
• Partner with the broader Global Investment Operations team and other functions to identify and implement process and control improvements
• Evaluate opportunities to leverage AI, automation, and technology to improve loan closing workflows and operational efficiency

QUALIFICATIONS

• 4-6 years of relevant experience in leveraged credit / syndicated loan closing
• Strong working knowledge of the LSTA trade documentation and settlement process, including par and distressed conventions
• Strong understanding of the leveraged loan trade lifecycle
• Hands-on experience with ClearPar
• Ability to interpret relevant provisions within credit agreements and loan documentation
• Understanding of delayed compensation and LSTA cost-of-carry concepts
• Knowledge of loan funding mechanics and associated cash movements
• Experience with Geneva and BMS Allvue preferred
• Interest in and working knowledge of AI and automation tools strongly preferred

CRITICAL COMPETENCIES FOR SUCCESS

• Strong intellectual curiosity, commercial judgment, and ability to learn quickly
• Self-starter with a hands-on, solutions-oriented approach
• Excellent attention to detail with strong organizational and execution skills
• Ability to manage multiple priorities and a high-volume workload in a fast-paced environment
• Strong problem-solving skills with the ability to identify and address issues proactively
• Effective relationship-building and communication skills across investment and support functions
• Strong client-service orientation with a sense of urgency and accountability
• Sound judgment and discretion when handling sensitive information
• Collaborative, team-oriented approach with a willingness to contribute beyond immediate responsibilities

#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.

Base Salary Range

$90,000—$130,000 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.

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 [e-mail]. 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 accesshttps://www.kkr.com/careersbecause of your disability. You can request reasonable accommodations by sending an email [e-mail]. 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 noticeapplies onlyto applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.