US Credit Solutions Group, Associate

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.

TEAM OVERVIEW
KKR’s Credit Solutions team sits within the firm’s Credit & Markets platform and combines principal credit investing with capital markets capabilities to deliver tailored financing solutions to upper middle market and large companies across a broad range of industries. The team manages $135Bn of assets under management within its private credit strategy and invests primarily in senior secured unitranche loans as well as flexibly across other parts of the capital structure, including junior capital, mezzanine, and preferred equity.

The Credit Solutions team works closely with KKR Capital Markets and other KKR investment teams, enabling a coordinated approach to sourcing, underwriting, structuring, and executing transactions across public and private markets. The team is involved throughout the full investment lifecycle, including diligence, investment committee approval, execution, portfolio management, and exit activity, and has completed approximately 300 global direct lending transactions since inception in 2005.

POSITION SUMMARY
KKR is looking for an Analyst/Associate to join the Credit Solutions Group and work closely with sponsors to source and underwrite private credit investment opportunities.

Opportunity highlights include:

•    Flat and lean team, less than 30 investment professionals based primarily in New York, which provides strong exposure to senior team members
•    PE-style diligence with high level of deal velocity across a large breadth of industries and types of investments as compared to other Associate roles
•    Completed ~300 global direct lending transactions since inception in 2005
•    Upon completion of investments, deal teams continue to work closely with sponsors to monitor company performance and evaluate add-on transactions
•    Commingled direct lending and private opportunistic credit investment vehicles, as well as a robust capital markets team, allow for great degree of flexibility
•    Differentiated ownership of workstreams at the Analyst / Associate level with limited oversight. Opportunity to “think like an investor.”
 
QUALIFICATIONS
The ideal candidate will have 3+ years of full-time work experience in investment banking, credit, lending, or other relevant buyside roles. The team will consider candidates from a variety of groups, but Leveraged Finance, Financial Sponsors or Restructuring exposure would be beneficial.

CRITICAL COMPETENCIES FOR SUCCESS
•    Technical skills with an ability to demonstrate good investment instincts, analytical capabilities, and finance, accounting and modeling skills
•    Demonstrated capabilities with financial reporting, creation of investor materials, and analyzing performance trends and KPIs
•    Motivated self-starter with proven ability to manage multiple demands and projects with competing deadlines while maintaining attention to detail
•    Outstanding communication and interpersonal skills for developing relationships with trust and integrity
•    Team player that enjoys working in a collaborative and collegial environment with high intellectual curiosity and desire to learn
•    Experience in a dynamic, fast-paced and pressurized environment

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