Vice President - Asset Transfer and Collateral Management, Investment Operations

KKR

$150K — $190K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, Business, or related field
  • 8+ years of experience in operations management within financial services; Insurance industry experience is a plus
  • Strong understanding of asset settlements, derivatives collateral management, and custody operations
  • Proficiency in Microsoft Office products, especially Excel, PowerPoint, and Outlook, as well as familiarity with ChatGPT
  • Proven track record in managing third-party relationships and vendor oversight
  • Experience with derivatives operations and margin requirements
  • Knowledge of FHLB borrowing programs and repo market mechanics

Responsibilities

  • Execute and oversee end-to-end asset transfer processes for both public and private assets, ensuring timeliness and accuracy
  • Manage account opening and setup processes, coordinating with internal stakeholders and external banking partners
  • Direct derivatives collateral management operations, including oversight of collateral movements and dispute resolution
  • Monitor and manage relationships with outsourced service providers, ensuring compliance with service level agreements
  • Serve as the primary point of contact for banking partners, handling day-to-day operational matters and escalations
  • Oversee collateral programs supporting FHLB borrowing facilities and repo transactions, ensuring effective eligibility monitoring and optimization
  • Lead and develop a team located in Boston and offshore resources, maintaining hands-on involvement in daily operations

Benefits

  • Hybrid work model providing flexibility between onsite and remote work
  • Opportunity for professional development and leadership growth
  • Collaboration with innovative tech solutions and external vendors for business optimization
  • Engagement with high-profile banking partners and industry leaders
  • Involvement in strategic initiatives like AI expansion and operational efficiency improvements
Full Job Description
We are seeking an experienced Operations Manager to execute and oversee asset rebalancing settlements and collateral management while driving process optimization and technological innovation across our platforms.

Primary Responsibilities

Operational Oversight
  • Asset Transfer Management: Execute and oversee end-to-end asset transfer processes for both public and private assets, ensuring timeliness and accuracy
  • Account Setup Administration: Manage account opening and setup processes, coordinating with internal stakeholders and external banking partners
  • Derivatives Collateral Management: Direct derivatives collateral management operations, including overseeing collateral movements, managing dispute resolution and onboarding Counterparty relationships
  • Third-Party Service Oversight: Monitor and manage relationships with outsourced service providers, ensuring SLA compliance and service quality standards
  • Banking Relationships: Serve as a key point of contact for banking partners, managing day-to-day operational matters and escalations
  • Collateral for Liquidity Management Programs: Oversee collateral programs supporting FHLB borrowing facilities and repo transactions, including eligibility monitoring and optimization
  • Hands-On Leadership and Development: Lead and develop a Boston-based team and offshore resources while maintaining direct involvement in day-to-day operations, ensuring both strategic oversight and tactical execution during critical periods

Strategic Initiatives
  • Process Improvement: Identify and implement operational efficiencies, streamline workflows, and eliminate redundancies through partnerships with KKR Technology and external vendors
  • Artificial Intelligence Expansion: Drive adoption of AI-powered solutions and automation tools to enhance operational effectiveness and scalability

Qualifications
  • Bachelor's degree in finance, Business, or related field
  • 8+ years of experience in operations management within financial services; experience within the Insurance industry a plus
  • Strong understanding of asset settlements, derivatives collateral management, and custody operations
  • Strong knowledge of Excel, PowerPoint, Outlook and ChatGPT
  • Proven track record managing third-party relationships and vendor oversight
  • Experience with derivatives operations and margin requirements
  • Knowledge of FHLB borrowing programs and repo market mechanics

Key Competencies
  • Operational excellence and attention to detail
  • Strategic thinking with execution focus
  • Change management and innovation mindset
  • Cross-functional collaboration
  • Risk management and controls orientation


#LI-ONSITE

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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

$150,000-$190,000 USD

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