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KKR · 1 week ago

Chief Compliance Officer for Investments & Reinsurance - Director

New York, NY

Full-time

Onsite

Director/Executive

$225K/yr - $250K/yr

15+ years exp

KKR is a leading global investment firm that offers alternative asset management and insurance solutions. The Chief Compliance Officer will oversee the development and monitoring of global insurance compliance programs, focusing on reinsurance and investment management, ensuring compliance with regulatory requirements and internal protocols.

AdviceAsset ManagementFinancial ServicesReal EstateVenture Capital

Responsibilities

Partner with the Individual Markets and Regulatory Compliance leadership to monitor and interpret changes in regulatory requirements and ensure timely implementation across reinsurance and investment management business lines

Ensure the company complies with requirements related to reinsurance and investment activities, including alternative investments, private placements, and structured products

Collaborate with the investment team to monitor compliance with trust/portfolio investment guidelines, risk limits, private equity ownership constraints and conflicts of interest

Oversee compliance 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 assess compliance related to asset allocation strategies, investment committee governance, and reporting obligations

Understand and assess insurance and reinsurance-related issues, including international and domestic regulatory compliance topics

Serve as a key advisor to the executive leadership and board on compliance and regulatory risk

Lead enterprise-wide risk assessments to identify and address areas of potential compliance vulnerability

Establish and maintain robust internal controls, policies, and training programs

In coordination with the Individual Markets and Regulatory Compliance leadership, 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 and compliance integration related to M&A and portfolio activities

Qualification

Investment management complianceReinsurance risk managementInsurance regulatory environmentTrading operations knowledgeCommunication skillsLeadership experienceAttention to detailTeam collaboration

Required

15+ years of investment management compliance 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 understand complex investments and identify areas of Compliance 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 identify commercial 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 written communication 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 always maintaining confidentiality

Comfortable operating in a fast-paced environment with competing priorities

Ability to manage multiple demands and projects while prioritizing time efficiently and remaining attentive to detail