KKR Real Estate Credit

KKR Real Estate Credit was formed in 2015 to invest in real estate credit products and complement KKR Real Estate’s private equity platforms in the U.S. and Western Europe. KKR Real Estate Credit is an integrated real estate credit business that invests in loans and securities across the risk spectrum, from core through opportunistic. KKR Real Estate Credit has approximately $42 billion of AUM as of December 31, 2024, and invests primarily through six main pools of capital.

KKR has developed a dedicated investment services platform, K-Star Asset Management LLC (“K-Star”), to support asset management, loan origination and underwriting, securities investing, risk management, and client experience for KKR Real Estate Credit as it continues to scale. The K-Star team includes industry specialists in special servicing, asset management, due diligence, and loan closing, among other functional areas.

KKR Real Estate Credit’s investment philosophy begins with the broader investment approach that KKR has employed for four decades. KKR is a long-term fundamental investor focused on value creation and producing attractive risk-adjusted returns. Within KKR Real Estate Credit, we seek opportunities where we have a sourcing, underwriting or execution advantage by leveraging KKR’s brand, industry knowledge and relationships. Our experienced team is complemented by a deep bench of investment professionals in KKR’s private equity, real assets, credit and capital markets businesses, among others, that allow us to employ a differentiated approach to investing.

POSITION SUMMARY

KKR Real Estate Credit is seeking to hire a senior professional to join the Office of the COO to help drive continued growth and scaling of the business.

RESPONSIBILITIES

Work across the department in a variety of core capacities, including:

Portfolio Management

• Streamline and lead fund liquidity management, stand up a portfolio management function for debt fund strategy, build out and manage asset optimization and risk management across all segments of portfolio construction

Supporting KREF, our publicly listed mortgage REIT

• Manage preparation for quarterly board meetings and earnings calls
• Ensure preparation of regular financial reporting in partnership with Finance team
• Execute on strategic growth initiatives to broaden the ownership base

Capital Markets / Financing

• Coordinate with finance teams and KCM to optimize and manage facilities to match scale and needs of multiple capital sources; maintain and grow counterparty relationships to drive best in class financing and develop syndication strategies

Technology

• Work with KKR Products team to accelerate delivery of critical tools, prioritizing business needs accordingly
• Devise solutions to improve efficiency across data and risk management, and increase reporting capabilities. Partner with engineering team in the implementation of such solutions

Broader Platform-Wide and Operational initiatives

• Overall responsibility for helping to oversee critical aspects of the business unit’s operations
• Interface as well as build meaningful partnerships with both investing and non-investing KKR functional teams and key stakeholders (asset management, client solutions, investor relations, finance, technology, compliance) that work in support of the RE
• Credit business to help enable the success of the platform
• Serve as a thought partner and collaborator to the existing RE Credit leadership team

QUALIFICATIONS

• 5-10 years of relevant work experience, preferably in commercial real estate, equity investment, or the financial services industry
• Superior analytic and financial modeling skills
• Exceptional organization and communication skills; including oral, written, presenting, and listening capabilities
• Understanding of programming and technology solutions and depth of understanding of key performance metrics
• Strong fundamental knowledge of commercial real estate, fixed income, and general financial concepts
• Team player with desire to contribute to a collaborative and constructive work environment
• Ability to multi-task, prioritize, and work both independently and within teams
• Entrepreneurial, resourceful, self-starter; demonstrates hustle and drive
• Ability to build consensus and influence organizational change
• Possesses intellectual curiosity and a desire to continuously expand knowledge base
• Highest level of integrity and professionalism

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