Asset-Based Finance Investment Management Services Associate

K-STAR INVESTMENT SERVICES OVERVIEW

K-Star Asset Management LLC ("K-Star") was formed in 2022 and is a wholly owned subsidiary of KKR. K-Star Investment Services supports the risk management of its Asset-Based Finance investments, asset management, securities investing, and client experience for its Real Estate Credit franchise as both verticals continue to scale. The K-Star team includes industry specialists to oversee residential mortgage investments, consumer finance investments, special servicing, stabilized and transitional loan asset management across many KKR investment portfolios.

POSITION SUMMARY

K-Star is seeking an Associate to join its ABF Investment Management Services Team focusing on Asset-Based Finance investments. This is an excellent opportunity for someone who wishes to build a career in investment services at a reputable buy-side firm. The role is based in Dallas and collaborates regularly with the deal team at KKR.

The ideal candidate will have 3-5 years of relevant experience at a financial institution with exposure to mortgage and/or consumer data. The position will support the Asset-Based Finance desk and will work directly with the investment team to assist with data analysis, transaction settlements, and management related to its existing $30bn portfolio. The role requires constant communication with the deal team and various stakeholders and business groups, so strong communication and relationship-building skills are essential.

We are passionate about operational excellence and providing our investment and business operations colleagues the ability to seamlessly execute liquid and private credit investments around the globe. We are committed to continuous improvement, both in the operations we perform and in the environment in which we work. We work in collaborative teams within the context and support of a large, global investment firm. We can offer challenging and rewarding work and opportunities for career advancement and learning in both the business and operational spheres.

ROLES & RESPONSIBILITIES

• Support the Asset-Based Finance group with data management related to consumer / mortgage loans
• Own and maintain monthly remittance process, troubleshooting cash and data issues with trading counterparties, trustees, servicers, and middle office
• Identify, analyze, and correct data discrepancies to ensure data integrity on the existing portfolio and produce reports to monitor portfolio performance
• Assist in designing standard operating procedures and requirements for supporting technology
• Build out robust reporting to provide analytics and insights on the portfolio
• Analyze borrowing base calculations, concentration requirements, and hedging facilities across portfolios
• Leverage AI-enabled tools to automate data validation, reconciliation, and reporting workflows, and to surface portfolio insights more efficiently

QUALIFICATIONS

• Minimum of a Bachelor’s degree
• 3-5 years of experience within the Financial Services industry with exposure to residential / consumer data
• Advanced knowledge of MS suite. SQL, Python, or other programming languages are a plus
• Strong personal initiative, exceptional organization and attention to detail, and ability to learn quickly
• A track record in accuracy and meeting deadlines in a fast-paced, growing work environment with high expectations
• Excellent written, verbal and interpersonal communication skills
• Team-oriented with strong integrity and professionalism
• Experience and track record in process improvement and automation
• Demonstrated experience using AI tools to analyze data, generate content, or streamline processes
• Track record of identifying opportunities to apply AI to improve efficiency or business outcomes
• Familiarity with effective prompt design and generating reliable results using generative AI tools