Co-Chief Compliance Officer - Insurance - Director
New Today
Co-Chiefpliance Officer - Insurance - Director
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 portfoliopanies andmunities. 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.
The Co-Chiefpliance Officer will partner to oversee the development, implementation, and monitoring of the enterprise-wide and global insurancepliance program. This includes regulatorypliance related to individual and reinsurance markets, insurance products, operations, and investment management activities. The ideal candidate will bring deep knowledge of regulatory environments affecting both insurance and asset management, particularly within a private equity-backed structure.
RESPONSIBILITIES
Regulatorypliance & Oversight
Develop and maintain aprehensivepliance program that aligns with federal, state, and international insurance regulations (NAIC, DOI, etc.) and investment laws (SEC, FINRA, etc. as applicable).
Monitor and interpret changes in regulatory requirements and ensure timely implementation across business units.
Ensure thepanyplies with requirements related to insurance and investment activities, including alternative investments, private placements, and structured products.
Investment and Insurancepliance
Collaborate with the investment team to monitorpliance with trust/portfolio investment guidelines, risk limits, private equity ownership constraints and conflicts of interest.
Overseepliance protocols for pre and post transaction investment management, including surveillance of trading activities, asset and liability matching and transfers, allocations, valuation processes, and affiliated and non-affiliated third-party advisors.
Review and assesspliance related to asset allocation strategies, investmentmitteeernance, and reporting obligations.
Understand and assess insurance and reinsurance-related issues, including international and domestic regulatorypliance topics.
Serve as a key advisor to the executive leadership and board onpliance and regulatory risk.
Lead enterprise-wide risk assessments to identify and address areas of potentialpliance vulnerability.
Establish and maintain robust internal controls, policies, and training programs.
Internal & External Relations
Liaise with on-shore and off-shore regulatory and quasi-regularly agencies, including state departments of insurance, SEC, NAIC and Bermuda Monetary Authority, as necessary.
Partner with business to support international expansion efforts for insurance solutions.
Work closely with internal audit, legal, enterprise risk management teams, and external peer CCOs.
Support due diligence andpliance integration related to M&A and portfolio activities.
QUALIFICATIONS
15+ years of investment managementpliance experience in an insurance firm (alternatives a plus)
Advanced knowledge of trading operations, credit and loans, and hands-on experience with equity offerings of all kinds
Highly organized self-starter with leadership experience who can manage a large team efficiently to execute on strategic objectives. Drive progression and effectively manage expectations across multiple stakeholders on significant projects and Firmwide initiatives.
Bachelor's degree in law, Business, or related field, preferably with an advanced degree
Ability to understandplex investments and identify areas ofpliance focus.
Team-player who enjoys working in a collaborative and collegial environment with the desire to learn.
Robust understanding of the insurance regulatory environment.
Ability to identifymercial and risk-aware solutions to unprecedented questions.
Capable of articulating a researched perspective to senior stakeholders.
Ability to proactively identify and coordinate initiatives relating to new regulations and other issues relevant to the insurance and asset management industries.
Excellent verbal and writtenmunication skills to efficiently draft policies and procedures and respond to regulatory inquiries that support the business.
Consistent attention to detail while acting professionally, exercising discretion regarding sensitive subjects, and maintaining confidentiality at all times.
Ability to manage multiple demands and projects while prioritizing time efficiently and remaining attentive to detail.
#LI-DNI
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
$225,000-$250,000 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. Job ID 5612426004
- Location:
- New York