Portfolio Investment Risk Professional

Stage; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

KKR is seeking an experienced Investment Risk professional in New York to measure, monitor, and communicate asset-side risk across the enterprise. You will translate portfolio questions into practical models, dashboards, and decision-support tools, collaborating with Investments and ALM teams.

The role emphasizes building automated analytics, leveraging Python/SQL and AI-enabled tools, and delivering clear analyses for committees and senior management.

Qualifications

• 6+ years of relevant experience in investment risk, portfolio management/analytics, asset management, insurance, fixed income, structured credit, quantitative research, data science, or a related field.
• Bachelor’s or Master’s degree in Mathematics, Economics, Engineering, Computer Science, or another quantitative discipline.
• Advanced hands-on Python and SQL skills, with experience building analytical tools, automated reports, data pipelines, dashboards, or quantitative models.
• Strong knowledge of investments and risk drivers across fixed income and equity-like assets; experience with insurance portfolios and structured credit is preferred.
• Ability to work with large, multi-source datasets and reconcile analysis to multiple reporting sources.
• Strong communication skills to explain technical analysis to diverse stakeholders.
• Results-oriented, curious, collaborative, and able to operate in a fast-paced environment with evolving priorities.

Responsibilities

• Design and enhance portfolio risk monitoring frameworks across asset classes including credit, structured products, mortgage, real estate, alternatives, derivatives, and insurance-relevant assets.
• Build integrated risk views by asset class, entity, rating, sector, geography, liquidity tier, capital usage, and cross-asset risk factors.
• Develop quantitative analytics for credit, spread, interest rate, liquidity, capital, concentration, valuation, and regulatory risk.
• Support pro forma risk analysis of future investments on capital, liquidity, ALM, expected loss, and risk-adjusted return.
• Conduct scenario analysis and stress testing for various risk factors including credit cycles and regulatory changes.
• Automate risk reporting and controls using Python, SQL, and AI-enabled tools.
• Develop tools and dashboards for risk appetite, limits, watchlists, and senior management reporting.
• Apply AI to improve document review, data quality checks, and reporting workflows with governance.
• Prepare analyses and materials for Investment Committee and Board discussions.
• Partner with Investments, Portfolio Construction, ALM/Actuarial, and Valuation teams to connect asset-level analysis to enterprise risk decisions.

Skills

Python

SQL

Portfolio risk analytics

Communication skills

Risk management

Quantitative analysis

Stress testing

Data integration

Education

Bachelor’s or Master’s in a quantitative field

Tools

SQL

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.

Role Overview

The Investment Risk team is a key functional area within Global Atlantic, bridging Investments and Risk Management. The team is responsible for independently measuring, monitoring, challenging, and communicating asset-side risk across the enterprise, with a focus on helping the firm make better decisions around asset allocation, sourcing, capital, liquidity, ALM, and downside risk.

We are seeking an experienced Investment Risk professional with strong quantitative and technical skills. The ideal candidate will have experience in portfolio management, investment risk, asset management, insurance, or a related field, and will be comfortable analyzing portfolios, using data, and AI-enabled tools to build scalable analytics, reporting, and strengthen the team’s execution of the Investment Risk program.

This is a hands-on role for someone who can combine risk judgment with a builder mindset: translating portfolio questions into practical models, dashboards, workflows, and decision-support tools.

Responsibilities

• Design and enhance portfolio risk monitoring frameworks across public and private credit, structured products, mortgage and real estate exposures, alternatives, derivatives, and other insurance-relevant asset classes.
• Build integrated risk views that consolidate exposures by asset class, legal entity, rating, sector, geography, liquidity tier, capital usage, and cross-asset risk factor.
• Develop quantitative analytics for credit, spread, interest rate, liquidity, capital, concentration, valuation, regulatory, and legal-entity risk.
• Support pro forma risk analysis of future sourcing, including the impact of new investments on capital, liquidity, ALM, expected loss, stress loss, concentration, and risk-adjusted return.
• Conduct scenario analysis and stress testing across credit recession, higher-for-longer rates, CRE refinancing risk, consumer credit deterioration, liquidity stress, FX collateral stress, and regulatory capital changes.
• Automate key risk reporting and controls using Python, SQL, and AI-enabled tools, including recurring metrics for rate risk, spread risk, downgrades, capital consumption, liquidity usage, concentrations, and early-warning indicators.
• Develop practical tools and dashboards to support risk appetite monitoring, limit utilization, watchlists, restructuring review, new-deal assessment, and senior management reporting.
• Apply AI and automation to improve document review, data quality checks, reporting workflows, surveillance, code development, and investment risk analysis, while maintaining appropriate governance, auditability, and human review.
• Prepare clear written analysis and presentation materials for Investment Committee, Portfolio Risk Reviews, senior management, and Board-level discussions.
• Partner with Investments, Portfolio Construction, ALM/Actuarial, Valuation, and KKR asset-class deal teams to connect asset-level analysis to enterprise risk decisions.

Qualifications

• 6+ years of relevant experience in investment risk, portfolio management/analytics, asset management, insurance, fixed income, structured credit, quantitative research, data science, or a related field.
• Bachelor’s or Master’s degree in Mathematics, Economics, Engineering, Computer Science, or another quantitative discipline.
• Strong knowledge of investments and risk drivers across fixed income and equity-like assets; experience with insurance general account portfolios, structured credit, private credit, real estate debt, CLOs, ABS, RMBS/CMBS, or illiquid assets is preferred.
• Advanced hands-on Python and SQL skills, with experience building analytical tools, automated reports, data pipelines, dashboards, or quantitative models.
• Strong quantitative foundation, including experience with stress testing, scenario analysis, statistical modeling, portfolio risk measurement, cash-flow modeling, optimization, or capital/liquidity analytics.
• Ability to work with large, imperfect, multi-source datasets and reconcile analysis to investment, accounting, statutory, or risk reporting sources.
• Strong communication skills, including the ability to explain technical analysis clearly to investments, risk, finance, technology, and senior stakeholders.
• Results-oriented, intellectually curious, self-motivated, collaborative, and comfortable working in a fast-paced environment with evolving priorities.

Preferred Experience

• Financial analysis, financial modeling, portfolio management, portfolio risk, insurance capital, liquidity, ALM, rating-agency capital models, or statutory accounting.
• Risk appetite dashboards, limit framework, stress-testing frameworks, or Board/senior-management risk reporting.
• Use of AI, large language models, or agentic tools for investment research, risk surveillance, reporting automation, document intelligence, code generation, or data quality workflows.
• Model risk management, AI governance, data controls, auditability, and reproducibility in a regulated financial services environment.

This is the expected annual base salary range for this New York-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

$150,000 - $200,000 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 email [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 access https://www.kkr.com/careersbecause of your disability. You can request reasonable accommodations by sending an email to [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.